263 Henrietta Street, Rochester

3,960 SQ. FT.

Multi-Family Townhouse

Solid 3-Unit Townhouse Building with Separate Entrances and Basements with Front and Back Doors (1,320 square feet per unit). New Roof, windows, and doors were completed in 2000, Updated Kitchens and baths in 2002. 2 Units are rented currently but below market rates. With minor updates the rent could be $1,400 per unit. If you buy this and live there both units would pay for your loan. With minor updates your Projected Gross Income based on current market rates would be $42,400 making this purchase a 10% CAP rate. Building and Structure is Solid and with dry basements.