488 Meigs Street
$539,900
4
4
4,437
4,437
$122
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Description
Back on the Market, the deal died due to the buyer's financing. Welcome to this incredible turn-key opportunity in a prime location! This multi-family dwelling is a fantastic investment that boasts four thoughtfully designed units and three fully furnished apartments with luxury modern and farmhouse finishes included—that's not a typo. This multi-family rental opportunity generates $6,400 monthly and has room to grow. The property has a new transferable C of O issued 10/22/2024 and expires 10/22/2027....Back on the Market, the deal died due to the buyer's financing. Welcome to this incredible turn-key opportunity in a prime location! This multi-family dwelling is a fantastic investment that boasts four thoughtfully designed units and three fully furnished apartments with luxury modern and farmhouse finishes included—that's not a typo. This multi-family rental opportunity generates $6,400 monthly and has room to grow. The property has a new transferable C of O issued 10/22/2024 and expires 10/22/2027. These three fully furnished units include all utilities. The fourth unfurnished unit comes with heat/hot water, and the tenant pays for their electricity. This property offers various leasing strategies for the savvy investor. The well-maintained building offers residents a comfortable living experience. Each unit has been remodeled and designed to feature ample natural light, functional layouts, and modern amenities. The property's exterior showcases a blend of curb appeal and low-maintenance landscaping. Don't miss this opportunity to own a versatile and income-producing property in a desirable location.
- Listed by Dexter T. Craig • North Star Real EstateP: (585)-328-7827 C: (585)-328-7827 dexter.craig@NorthStarWNY.com
- Listed by Erica Cooper • North Star Real EstateP: (585)-328-7827 C: (585)-503-0533 erica.cooper@northstarwny.com
Property Details for 488 Meigs Street
Subdivision Comm Complex
Boardman & Meyers
Styles Of ResidenceFourplex
On WaterfrontNo
Parking DescriptionGravel, Two Or More Spaces
Nearest Cross StreetPearl St.
LISTING UPDATED: 11/05/2024 04:28 PM
Property Details for 488 Meigs Street
Status | Active |
---|---|
MLS # | R1568357 |
Days on Market | 20 |
Taxes | $9,499 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family / Residential |
Year Built | 1925 |
Lot Size | 0.12 AC / 5,047 SF |
County | Monroe County |
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Building Information for 488 Meigs Street
Stories2Residences4Year Built1925Building Size-Lot Size0.12 AC / 5,047 SF
Property Information for 488 Meigs Street
Property History for 488 Meigs Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 488 Meigs Street
Taxable ValueLand$15,000Additions$143,000Total$158,000
Home Facts
Total Finished SqFt2,958 SqFtAbove Grade Finished SqFt2,958 SqFtUnfinished Basement SqFt1,479 SqFtStories2Lot Size5,040 SqFtStyleMulti-Family Res (5+ Units)Year Built1925CountyMONROEAPN261400 121.58-4-35
Schools near 488 Meigs Street
This home is within Rochester City School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 6 | |||
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 6 |
Rating | School | Distance |
---|---|---|
School 35 Pinnacle PublicK to 6 | ||
Anna Murray-Douglass Academy PublicPK to 8 | ||
James Monroe High School Public9 to 12 | ||
School 23 Francis Parker 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.
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