78-80 Ravine Avenue
$135,000
5
2
1,992
1,992
$68
Description
Another Rockin' Rochester Property! Halloween may be approaching but you will not get spooked by this house! Talk about a no-brainer- even zombies would be able to make money on this beauty. Terrific front/back duplex. Front unit has 3 1/2 bdrm, rear unit has 2 bdrm (1 up and one down). Seller is leaving both empty for you to place your own screened tenants. $33,480 seller projected gross income, 20% expenses, 5 % vacancy brings you a $25,445 net income, meaning a 19% cap rate! Brand new C of O obtained...Another Rockin' Rochester Property! Halloween may be approaching but you will not get spooked by this house! Talk about a no-brainer- even zombies would be able to make money on this beauty. Terrific front/back duplex. Front unit has 3 1/2 bdrm, rear unit has 2 bdrm (1 up and one down). Seller is leaving both empty for you to place your own screened tenants. $33,480 seller projected gross income, 20% expenses, 5 % vacancy brings you a $25,445 net income, meaning a 19% cap rate! Brand new C of O obtained this year, and good until 1/12/2025! City of Rochester Building Blocks Rental Score of 100! Each apartment in tip top condition with fresh paint, updated kitchens and baths, new flooring. Roof is just 3 years old. Recent mechanics and thermopane windows. Nothing left to do on this one but collect money.
- Listed by Colleen M. Bracci • RE/MAX Realty GroupP: (585)-719-3500 C: (585)-719-3566 rochesterhouses@gmail.com
Property Details for 78-80 Ravine Avenue
Subdivision Comm Complex
Mc Crackenville
Styles Of ResidenceDuplex
On WaterfrontNo
Parking DescriptionNo Driveway
Nearest Cross StreetLake Avenue
LISTING UPDATED: 10/19/2024 09:29 AM
Property Details for 78-80 Ravine Avenue
Status | Active |
---|---|
MLS # | R1572331 |
Days on Market | 36 |
Taxes | $2,454 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential / Duplex |
Year Built | 1920 |
Lot Size | 0.06 AC / 2,613 SF |
County | Monroe County |
Building Information for 78-80 Ravine Avenue
Stories1Residences2Year Built1920Building Size-Lot Size0.06 AC / 2,613 SF
Property Information for 78-80 Ravine Avenue
Property History for 78-80 Ravine Avenue
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 78-80 Ravine Avenue
Taxable ValueLand$3,300Additions$39,500Total$42,800
Home Facts
Baths2Total Finished SqFt1,992 SqFtAbove Grade Finished SqFt1,992 SqFtStories2Lot Size2,772 SqFtStyleDuplexYear Built1920Zoning13CountyMONROEAPN261400 105.35-2-47
Schools near 78-80 Ravine Avenue
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 54 Flower City Community School PublicPK to 6 | ||
School 5 John Williams PublicPK to 8 | ||
Vanguard Collegiate High School Public9 to 12 | ||
School 7 Virgil Grissom 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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