Rochester, NY 14611,73-75 Somerset ST
Rochester, NY 14611,73-75 Somerset ST
Rochester, NY 14611,73-75 Somerset ST
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$249,900
Est. payment /mo
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7 Beds
2 Baths
2,192 SqFt
Pending

73-75 Somerset ST Rochester, NY 14611

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Michael Ablan

Michael Ablan

+1(315) 286-3256

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 2,192 sqft

Price per Sqft $114

Subdivision West Ave

MLS Listing ID R1656901

Style Duplex

Bedrooms 7

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1931

Annual Tax Amount $3,740

Lot Size 5,645 Sqft

Acres 0.1296

Lot Dimensions 40X141

Property Sub-Type Duplex

Property Description

TURNKEY 2-FAMILY PROPERTY WITH A POTENTIAL 11%+ CAP RATE & 20%+ ANNUAL CASH-ON-CASH RETURN! Fully renovated and truly turnkey, this 2,192 sqft. duplex in Rochester's desirable 19th Ward is a prime investment opportunity! The property features a spacious 3-bed/1-bath unit and a bright 4-bed/1-bath unit, providing strong rental versatility and plenty of living space. Major upgrades include fresh exterior paint, all new vinyl replacement windows, and a complete interior rehab. Inside, enjoy new vinyl flooring, stylish modern kitchens with white shaker cabinetry and brand-new stainless steel appliances, updated baths with tiled showers and new tubs, plus fresh paint and lighting throughout. Ideal for investors or owner-occupants alike. Live in one unit and rent the other to house-hack your way to little or no housing costs; or lease both units for maximum income. With projected gross revenue of $45,000+, a potential 11% cap rate, and 20%+ cash-on-cash return in year one, the financial upside is outstanding. Each unit has separate utilities, mechanicals, & laundry hookups in basement for tenant convenience. With both units vacant, you control the rents, select your tenants, and begin cash flowing right away. A beautiful, turnkey duplex with income potential ready for its next savvy owner. Don't miss the chance to own this gorgeous 19th Ward duplex!

Location

State NY

County Monroe

Community West Ave

Area Rochester City-261400

Direction From Chili Avenue head North onto Somerset St, property will be on your lefthand side. From West Ave, head South onto Somerset St and property will be on your righthand side.

Rooms

Basement Full

Interior

Heating Electric, Gas, Baseboard, Forced Air

Flooring Hardwood, Luxury Vinyl, Varies

Fireplace No

Window Features Thermal Windows

Appliance Gas Water Heater

Laundry Washer Hookup

Exterior

Exterior Feature Balcony, Fence

Garage Spaces 2.0

Fence Partial

Utilities Available Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected

Roof Type Asphalt,Architectural,Shingle

Porch Balcony

Garage Yes

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Foundation Block

Sewer Connected

Water Connected, Public

Architectural Style Duplex

Structure Type Wood Siding,PEX Plumbing

Construction Status Existing

Schools

School District Rochester

Others

Senior Community No

Tax ID 261400-120-490-0001-058-000-0000

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Listed by Coldwell Banker Custom Realty

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Michael Ablan

Michael Ablan

NYS Lic. R.E. Broker / Owner / CEO | License ID: 10491209935

+1(315) 286-3256

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73-75 Somerset ST

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