1400 Lake Ave

3
Baths
2,847 Sq. Ft.
$39 / Sq. Ft.
2,847
Sq. Ft.
$39
per Sq. Ft.

Description

Great opportunity for investment portfolio. Located in the City of Rochester Historic Maplewood District. 3 family, 3 floors. Separate utilities. All currently rented. Transferable CofO 11/2001. Nice corner lot near bus line, shopping, schools and expressway. Rents providing $1870 monthly gross income. Currently under local property management.Great opportunity for investment portfolio. Located in the City of Rochester Historic Maplewood District. 3 family, 3 floors. Separate utilities. All currently rented. Transferable CofO 11/2001. Nice corner lot near bus line, shopping, schools and expressway. Rents providing $1870 monthly gross income. Currently under local property management.
  1. Listed by Ronald F. Maida • Platinum Prop & Asset Mgmt
    P: (585)-458-4250 C: (585)-458-4250 rmhomes4u@gmail.com

Property Details for 1400 Lake Avenue

Subdivision Comm Complex
James Gorsline Subn
Styles Of Residence
Triplex
On Waterfront
No
Parking Description
Two Or More Spaces
Nearest Cross Street
Gorsline
LISTING CLOSED: 01/17/2020 12:00 AM

Property Details for 1400 Lake Avenue

StatusClosed
MLS #R1225449
Days on Market18
Taxes$4,950 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential / Residential
Year Built1908
Lot Size0.15 AC / 6,436 SF
CountyMonroe County

Location

Listing Courtesy of Platinum Prop & Asset Mgmt

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Building Information for 1400 Lake Avenue

Stories2Residences3Year Built1908Building Size-Lot Size0.15 AC / 6,436 SF

Payment Calculator

$960 per month

30 year fixed, 6.36% Interest

Principal and Interest

$548

Property Taxes

$413

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1400 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: 2.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Rochester City-261400
  • Tax Annual Amount: $4,950.00
Property
Lot Information
  • Building Area Total: 2847.0
  • Land Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Num Of Acres: 0.1477
  • Lot Size Area: 0.1477
  • Lot Size Square Feet: 6436.0
  • Lot Size Units: Acres
  • Parcel Number: 261400-090-510-0002-032-000-0000
  • Road Frontage: City Street
  • Lot Number: 32
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $105,000
  • Year Built: 1908
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 4
  • Num Of Gas Meters: 3
  • Sewer Description: Connected
  • Utilities Available: Cable Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Steel Siding
  • Foundation Description: Block
  • Roof Description: Asphalt
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Resilient, Tile, Varies
  • Heating: Gas, Electric, Hot Water
  • Heating YN: Yes
  • Interior Features: Attic
  • Sq Ft Total: 2847.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $22,440.00
  • Net Operating Income: $17,490.00
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expenses: $4,500.00
  • Operating Expense Includes: Insurance, Maintenance Structure, Maintenance, Professional Management, Rent, Trash, Water Sewer
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $595.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Other - See Remarks
  • Unit Type Total Rent: $595.00
  • Unit Type Leased YN: Yes
  • Unit Type Lease Expires: 01-01-2020
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 595
Unit 2
  • Unit Type Actual Rent: $675.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $675.00
  • Unit Type Leased YN: Yes
  • Unit Type Lease Expires: 03-01-2020
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 675
Unit 3
  • Unit Type Actual Rent: $600.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $600.00
  • Unit Type Leased YN: Yes
  • Unit Type Lease Expires: 09-01-2020
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 600
Rental
Rental Information
  • Rent Includes: Common Area Maintenance, Gardener, Trash Collection, Water
  • Tenant Pays: All Utilities

Property History for 1400 Lake Avenue

DateEvent & SourcePriceAppreciation
Jan 17, 2020

Sold

WNYREIS #R1225449

$109,900
Jan 17, 2020

Sold

New York State Alliance of MLSs (Buffalo) #R1225449

$109,900
Oct 3, 2019

Pending

WNYREIS #R1225449

DateEvent & SourcePrice
01/17/2020

Sold

WNYREIS #R1225449

$109,900
01/17/2020

Sold

New York State Alliance of MLSs (Buffalo) #R1225449

$109,900
10/03/2019

Pending

WNYREIS #R1225449

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

Public Records for 1400 Lake Avenue

Taxable ValueLand$9,300Additions$153,400Total$162,700
Tax Record2024$1,523 ($127 / month)
Home Facts
Baths3Total Finished SqFt2,847 SqFtAbove Grade Finished SqFt2,847 SqFtStories3Lot Size6,426 SqFtStyleTriplexYear Built1908Zoning14CountyMONROEAPN261400 090.51-2-32

Schools near 1400 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 Platinum Prop & Asset Mgmt

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.