79 apartments located in 2 buildings at 325 Alexander Street and 345 Alexander Street in the vibrant East End District. 3 parking lots included, approximately 35 parking spaces. NEW Certificate of Occupancy transfers and expire in 2026 (in process). Walking distance to many restaurants, night life, and shopping....... For 325: Tax addresses are 325 Alexander and 329 Alexander (Parking lot). 51 Units: 36 Studio; 14 One BR and 1 Two BR. Renovated in 2012 approximate. 9 furnaces (installed at renovation approximate) Separate electric. Heat, Hot Water and Air Conditioning are Landlord responsibility. Coin-Op Laundry in basement. 25,728 Square feet....... For 345: Tax addresses are: 207 Charlotte Street; 201-203 Charlotte Street (Parking) and 191 Charlotte Street (Parking). 28 Units: 12 Studios; 15 One Brand 1 Two BR. Renovated in 2012 Approximate. Separate electric. Heat, Hot Water and A/C are Landlord responsibility. 6 Furnaces. Coin-Op Laundry in basement 16,188 Square feet........$3,525,000 mortgage at 3.45% interest can be assumed. $70,000 elevator renovation completed in 2022...... Both buildings are in excellent condition and come with transferable COO.
- Price:
- $5,900,000
- Square Footage:
- 29,160
- Acreage:
- 0.18
- Year Built:
- 1920
- Listing ID #:
- R1460203
- Street Address:
- 325 Alexander St
- City:
- Rochester
- State:
- New York
- Postal Code:
- 14607
- County:
- Monroe
- Community:
- Rochester City-261400
- Subdivision:
- Champney Tr Square
- Listing Status:
- Pending
- Listing Type:
- Commercial Sale
School District: Rochester
- Approximate Total Liveable Area:
- 29160
- Basement Description:
- Partially Finished
- Building Condition:
- Resale
- Construction Description:
- Brick
- Exterior Features:
- Blacktop Driveway
- Flooring:
- Other, See Remarks
- Has Basement:
- 1
- Number Of Units:
- 79
- Rent Includes:
- Other, See Remarks
- Stories:
- 4
- Stories:
- 4
- Total Building Square Footage:
- 29160
- Type Of Roof:
- Flat
- Year Built:
- 1920
- Year Built Description:
- Existing
- Gross Income:
- 750000
- Net Operating Income:
- 615000
- Lot Features:
- Residential Lot
- Lot Square Footage:
- 7733
- Road Frontage Type:
- City Street
- Community Features:
- Other, See Remarks
- Days On Market:
- 83
- Financing Options:
- Conventional
- On Market Date:
- 2023-03-17
- Originating Mls:
- NYS
- Terms:
- Assumable, Lender Approval
- Owner Pays:
- Other, See Remarks
- Property Taxes:
- $135,000
- Parking Description:
- No Garage
- Appliances:
- Appliances Negotiable, Gas Water Heater
- Cooling System:
- Central Air
- Existing Water:
- Connected, Public
- Has Central Air Conditioning:
- 1
- Heating:
- Gas, Forced Air
- Sewage Type:
- Connected
- Utilities:
- Sewer Connected, Water Connected
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Mark J. Palazzo with Rich Realty
