278 Tremont Street

Rochester, NY 14608

$135,000
Price
7
Beds
2
Baths
2,928 Sq. Ft.
$46 / Sq. Ft.
2,928
Sq. Ft.
$46
per Sq. Ft.

Description

28-unit Portfolio of 13 properties - 11 Duplexes and 2 Triplexes in 14621, Marketview Heights, and Mayor's Heights. Mostly long-term tenants with annual rents over $350,000. Owned and maintained by a general contractor, with over $165,000 in recent capital improvements, including Vinyl windows and New water heaters in most properties, as well as many Newer furnaces, roofs, carpets and other renovations. Most of the properties also have a transferrable CofO. Many rents remain below market rates. Properties...28-unit Portfolio of 13 properties - 11 Duplexes and 2 Triplexes in 14621, Marketview Heights, and Mayor's Heights. Mostly long-term tenants with annual rents over $350,000. Owned and maintained by a general contractor, with over $165,000 in recent capital improvements, including Vinyl windows and New water heaters in most properties, as well as many Newer furnaces, roofs, carpets and other renovations. Most of the properties also have a transferrable CofO. Many rents remain below market rates. Properties being sold together: 1343 N Clinton Ave, 164-164.5 Cady St, 17 Masseth St, 26 Avenue C, 268-270 Champlain St, 278-280 Tremont St, 28-30 Woodward St, 356 4th St, 37-39 Diringer Pl, 58-60 Avenue C, 8-10 Trenaman St, 645 Hudson Ave, 75 Cuba Pl. Smaller portfolio option may be available. Cap rate over 11% - check it out!
  1. Listed by Sherry Solomon • Hunt Real Estate ERA/Columbus
    P: (585)-672-1660 C: (585)-672-1660 slsolomon88@gmail.com

Property Details for 278 Tremont Street

Subdivision Comm Complex
West Ave Bldg Lt Assoctio
On Waterfront
No
Parking Description
Two Or More Spaces
Nearest Cross Street
Ford St.
LISTING UPDATED: 11/13/2024 05:17 PM

Property Details for 278 Tremont Street

StatusActive
MLS #R1573554
Days on Market40
Taxes$2,937 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1900
Lot Size0.12 AC / 5,032 SF
CountyMonroe County

Building Information for 278 Tremont Street

Stories2Residences2Year Built1900Building Size-Lot Size0.12 AC / 5,032 SF

Property Information for 278 Tremont Street

Summary
Location and General Information
  • Elementary School District: Rochester
  • High School District: Rochester
  • Middle Or Junior School District: Rochester
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Rochester City-261400
  • Tax Annual Amount: $2,937.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2928.0
  • Land Features: Rectangular, Residential Lot
  • Num Of Acres: 0.1155
  • Lot Size Area: 0.1155
  • Lot Size Square Feet: 5032.0
  • Lot Size Units: Acres
  • Parcel Number: 261400-121-450-0001-039-000-0000
  • Road Frontage: City Street
  • Lot Number: 39
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $75,400
  • Year Built: 1900
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 7
  • HVAC Type: Other, See Remarks
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Other, See Remarks
  • Heating: Gas, Other, See Remarks
  • Heating YN: Yes
  • Sq Ft Total: 2928.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $30,000.00
  • Net Operating Income: $17,582.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expenses: $9,481.00
  • Operating Expense Includes: Other, See Remarks
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $1,250.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Features: ,Other - See Remarks
  • Unit Type Total Rent: $1,250.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1250
Unit 2
  • Unit Type Actual Rent: $1,250.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: ,Other - See Remarks
  • Unit Type Total Rent: $1,250.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1250
Rental
Rental Information
  • Tenant Pays: All Utilities
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 278 Tremont Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 278 Tremont Street

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
School 2 Clara Barton
PublicPK to 6

School 19 Dr Charles T Lunsford
PublicPK to 8

School 4 George Mather Forbes
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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278 Tremont Street is a multi-family home for sale in Rochester, NY 14608. This property was listed for sale on November 7, 2024 by Hunt Real Estate ERA/Columbus, it's currently listed at $135,000. It has been on the market for a total of 40 days and was last sold on August 30, 2013. This listing's school district is Rochester City School District. Nearby schools include School 2 Clara Barton, School 19 Dr Charles T Lunsford and Rochester Early College International High School. 278 Tremont Street is a 7-bed, 2-bath, 2,928 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Hunt Real Estate ERA/Columbus

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.