501 Averill Avenue

Rochester, NY 14607

$369,900
Price
5
Beds
4
Baths
3,436 Sq. Ft.
$108 / Sq. Ft.
3,436
Sq. Ft.
$108
per Sq. Ft.

Description

Outstanding turn-key investment opportunity in highly desirable Pearl-Meigs-Monroe Neighborhood! Well updated and maintained 4-unit offers excellent Cap Rate with long term tenants. Loads of character and charm, nothing left to do here but collect the rent! Conveniently located minutes to shopping, restaurants, expressway, and Downtown. Delayed negotiations until 11/04, offers due at noon.Outstanding turn-key investment opportunity in highly desirable Pearl-Meigs-Monroe Neighborhood! Well updated and maintained 4-unit offers excellent Cap Rate with long term tenants. Loads of character and charm, nothing left to do here but collect the rent! Conveniently located minutes to shopping, restaurants, expressway, and Downtown. Delayed negotiations until 11/04, offers due at noon.
  1. Listed by Matthew Tole • Howard Hanna
    P: (585)-756-7300 C: (585)-756-7243 matthewtole@howardhanna.com

Property Details for 501 Averill Avenue

Styles Of Residence
Fourplex
On Waterfront
No
Parking Description
Paved, Parking Available, Two Or More Spaces
Nearest Cross Street
Pearl St
LISTING UPDATED: 10/28/2024 09:58 AM

Property Details for 501 Averill Avenue

StatusActive
MLS #R1574510
Days on Market27
Taxes$6,931 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1890
Lot Size0.11 AC / 4,791 SF
CountyMonroe County

Building Information for 501 Averill Avenue

Stories2Residences4Year Built1890Building Size-Lot Size0.11 AC / 4,791 SF

Property Information for 501 Averill Avenue

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: $6,931.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 3436.0
  • Land Features: Near Public Transit, Residential Lot
  • Num Of Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Units: Acres
  • Parcel Number: 261400-121-570-0003-005-000-0000
  • Road Frontage: City Street
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $200,000
  • Year Built: 1890
  • Year Built Description: Existing
  • Zoning Description: Other - See Remarks
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 1
  • Num Of Gas Meters: 1
  • Sewer Description: Connected
  • Utilities Available: Cable Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Copper Plumbing
  • Foundation Description: Stone
  • Roof Description: Asphalt, Shingle
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 5
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Hardwood, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 3436.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $45,600.00
  • Net Operating Income: $27,800.00
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Operating Expenses: $10,869.00
  • Operating Expense Includes: Electric, Fuel, Insurance
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Features: Oven/ Range,Refrigerator,Eat-In Kitchen,Other - See Remarks
  • Unit Type Total Rent: $750.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 750
Unit 2
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Other - See Remarks
  • Unit Type Total Rent: $900.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 900
Unit 3
  • Unit Type Actual Rent: $1,250.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Dryer,Oven/ Range,Refrigerator,Washer,Eat-In Kitchen,Other - See Remarks
  • Unit Type Total Rent: $1,250.00
  • Unit Type Leased YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1250
Unit 4
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Other - See Remarks
  • Unit Type Total Rent: $900.00
  • Unit Type Leased YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 900
Rental
Rental Information
  • Rent Includes: Electricity, Heat, Hot Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 501 Averill Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 501 Averill Avenue

Taxable ValueLand$14,300Additions$127,700Total$142,000
Home Facts
Total Finished SqFt2,324 SqFtAbove Grade Finished SqFt2,324 SqFtUnfinished Basement SqFt1,112 SqFtStories2Lot Size4,760 SqFtStyleMulti-Family Res (5+ Units)Year Built1890CountyMONROEAPN261400 121.57-3-5

Schools near 501 Averill Avenue

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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501 Averill Avenue is a multi-family home for sale in Rochester, NY 14607. This property was listed for sale on October 28, 2024 by Howard Hanna, it's currently listed at $369,900. It has been on the market for a total of 27 days and was last sold on October 17, 2008. This listing's school district is Rochester City School District. Nearby schools include School 35 Pinnacle, Anna Murray-Douglass Academy and James Monroe High School. 501 Averill Avenue is a 5-bed, 4-bath, 3,436 sqft multi-family home built in 1890.

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 Howard Hanna

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.