1016 Lake Ave

2,952 Sq. Ft.
$34 / Sq. Ft.
2,952
Sq. Ft.
$34
per Sq. Ft.

Description

Attention Investors or owner occupied. 3 unit multifamily in the Maplewood neighborhood 2 doors from Maplewood Park. This house has 5 bedrooms and 4 baths according to city records. Some renovation has begun, more needed. Nice floor plan with tenant privacy in mind Beautiful hardwoods, crown moulding, and ornate fireplaces.. Walk up attic could be potential for tenant storage, and a huge full walkout basement for coin op laundry or storage. Current approximate rental market should produce 950/month...Attention Investors or owner occupied. 3 unit multifamily in the Maplewood neighborhood 2 doors from Maplewood Park. This house has 5 bedrooms and 4 baths according to city records. Some renovation has begun, more needed. Nice floor plan with tenant privacy in mind Beautiful hardwoods, crown moulding, and ornate fireplaces.. Walk up attic could be potential for tenant storage, and a huge full walkout basement for coin op laundry or storage. Current approximate rental market should produce 950/month or above. Strong Market Value with equity potential, as the house two doors down sold at 300kl. This House will be sold in its current market condition. Showings will be done in scheduled group setting beginning on wednesday 5/24. Group Showings will be daily at 1pm until 2pm and 5:30 until 6:30 startingon wednesday 5/24 and ending Sunday 5/28. Offers due Monday @ 2pm.
  1. Listed by Frank D'Ambrosia • RE/MAX Plus
    P: (585)-279-8200 C: (585)-880-9014 frank.dambrosia@remax.net

Property Details for 1016 Lake Avenue

Subdivision Comm Complex
Maplewood
Styles Of Residence
Triplex
On Waterfront
No
Parking Description
Gravel, Two Or More Spaces
Nearest Cross Street
Lakeview Park
LISTING CLOSED: 07/14/2023 12:00 AM

Property Details for 1016 Lake Avenue

StatusClosed
MLS #R1471017
Days on Market9
Taxes$2,586 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential / Residential
Year Built1880
Lot Size0.24 AC / 10,506 SF
CountyMonroe County

Location

Listing Courtesy of RE/MAX Plus

Sold By Key Property Ventures, LLC

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Building Information for 1016 Lake Avenue

Stories2Residences3Year Built1880Building Size-Lot Size0.24 AC / 10,506 SF

Payment Calculator

$714 per month

30 year fixed, 6.36% Interest

Principal and Interest

$498

Property Taxes

$216

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1016 Lake 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: No
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Rochester City-261400
  • Tax Annual Amount: $2,586.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2952.0
  • Land Features: Near Public Transit
  • Num Of Acres: 0.2412
  • Lot Size Area: 0.2412
  • Lot Size Square Feet: 10506.0
  • Lot Size Units: Acres
  • Parcel Number: 261400-090-750-0001-022-000-0000
  • Road Frontage: Main Thoroughfare
  • Lot Number: 22
Property and Assessments
  • Property Condition: Resale, Fixer
  • Senior Community YN: No
  • Assessed Value: $90,000
  • Year Built: 1880
  • Year Built Description: Existing
  • Zoning Description: Residential Multi Use
Utilities
  • Num Of Electric Meters: 0
  • Num Of Gas Meters: 0
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Available
  • Water Supply: Not Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Block, Concrete, Wood Siding
Interior Features
  • Appliances: See Remarks, Water Heater
  • Basement Description: Full, Walk Out Access
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 4
  • HVAC Type: Other, See Remarks
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Hardwood, Tile, Varies
  • Heating: Gas, Other, See Remarks
  • Heating YN: Yes
  • Sq Ft Total: 2952.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$2,586.00
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expense Includes: Other, See Remarks
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Rental
Rental Information
  • Rent Includes: Other, See Remarks

Property History for 1016 Lake Avenue

DateEvent & SourcePriceAppreciation
Jul 14, 2023

Sold (Public Record)

Public Record #1515366068

$100,000

+11.4% / yr

Jul 14, 2023

Sold

WNYREIS #R1471017

$100,000
Jul 14, 2023

Sold

New York State Alliance of MLSs (Buffalo) #R1471017

$100,000
DateEvent & SourcePrice
07/14/2023

Sold (Public Record)

Public Record #1515366068

$100,000

+11.4% / yr

07/14/2023

Sold

WNYREIS #R1471017

$100,000
07/14/2023

Sold

New York State Alliance of MLSs (Buffalo) #R1471017

$100,000

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

Public Records for 1016 Lake Avenue

Taxable ValueLand$8,900Additions$91,100Total$100,000
Tax Record2024$936 ($78 / month)
Home Facts
Baths4Total Finished SqFt2,952 SqFtAbove Grade Finished SqFt2,952 SqFtStories3Lot Size10,500 SqFtStyleDuplexYear Built1880Zoning13CountyMONROEAPN261400 090.75-1-22Fireplace TypeHas Fireplace

Schools near 1016 Lake Avenue

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 7 to 12
Public - PK to 6
Rating
School
Distance
School 7 Virgil Grissom
PublicPK to 6

ANDREW A LANGSTON MIDDLE SCHOOL
Public7 to 8

Ida B Wells-Barnett Elementary School 34
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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Listing Courtesy of RE/MAX Plus

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.