Sold
Last Sold Price
6,987 sqft$45/sqft
1458 Rochester St, Lima, NY 14485
Multi FamilyProperty Type
2.04 acresLot Size
1900Year Built
$45/sq ftPrice per sq ft

Description

Instantly scale up your rental portfolio with this fully leased 6 unit apartment bldg. + 2,400 SQFT' barn generating solid 6.8% CAP rate, annual income of $50,700.00! Located in the heart of Lima in the Honeoye Falls School district. Commercially zoned on just over 2 acres with 306’ of frontage along 15A offers more potential revenue streams. Easy to manage with long-term tenants who currently take care of mowing, snow plowing & and gardening services. Near bus lines, colleges and a Lima rental market...Instantly scale up your rental portfolio with this fully leased 6 unit apartment bldg. + 2,400 SQFT' barn generating solid 6.8% CAP rate, annual income of $50,700.00! Located in the heart of Lima in the Honeoye Falls School district. Commercially zoned on just over 2 acres with 306’ of frontage along 15A offers more potential revenue streams. Easy to manage with long-term tenants who currently take care of mowing, snow plowing & and gardening services. Near bus lines, colleges and a Lima rental market of 32% will ensure low vacancies. Each unit has separate entrances & utility meters. Ample room for 12+ parking spaces. Charming federal style brick building turned investors dream! Call for rental break down or see attached for quick rent roll MLS only shows average.
  • Listed by: Jason J. Forte 585.624.3370 jasonforte@howardhanna.com • Howard Hanna
Listing closed: 11/25/2020 12:00 AM • Source: WNYREIS, MLS#: R1284618

Recent comparable sales

Median sold price

$326,500

Avg days on market

86

Sale-to-list ratio

104.5%

Lima, NY

9 comparable properties found

1

$495,000

Sold 10/30/24

Unavailable
Bedrooms
Unavailable
Bathrooms
6,332
Square Feet
2.06
Acres
2

$260,000

Sold 03/30/26

Unavailable
Bedrooms
Unavailable
Bathrooms
9,630
Square Feet
0.24
Acres
$55,000 | 0 Michigan Road, Lima, NY 14485
1/2
3

$55,000

Sold 03/06/26

Unavailable
Bedrooms
Unavailable
Bathrooms
108,900
Square Feet
2.5
Acres
$120,000 | 0 Michigan Road, Lima, NY 14485
1/2
4

$120,000

Sold 07/15/26

Unavailable
Bedrooms
Unavailable
Bathrooms
238,708
Square Feet
5.48
Acres
5

$625,000

Sold 06/10/26

Unavailable
Bedrooms
Unavailable
Bathrooms
9,029
Square Feet
5
Acres
6

$344,100

Sold 02/20/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
7

$337,200

Sold 01/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
8

$300,000

Sold 05/19/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1
Acres
9

$326,500

Sold 11/07/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Howard Hanna

Sold By Howard Hanna

Add your commute

Payment Calculator

$2,320 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,601

Property Taxes

$719

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1458 Rochester Street

Property Details
  • Taxes: $8,623 / year
  • MLS Type: Multi Family / Commercial
  • On Waterfront: No
  • Parking Description: Three Or More Spaces, Driveway
  • Nearest Cross Street: Gale Rd
Building Information
  • Stories: 2
  • Residences: 6
  • Year Built: 1900
  • Lot Size: 2.04 AC / 88,862 SF
Summary
Location and General Information
  • Elementary School District: Honeoye Falls-Lima
  • High School District: Honeoye Falls-Lima
  • Middle Or Junior School District: Honeoye Falls-Lima
  • Village: Not Applicable
  • Human YN: No
Taxes and HOA Information
  • Area NYSWIS Code: Lima-243289
  • Tax Annual Amount: $8,623.00
Property
Lot Information
  • Building Area Total: 6987.0
  • Land Features: Agricultural
  • Num Of Acres: 2.04
  • Lot Size Area: 2.04
  • Lot Size Square Feet: 88862.0
  • Lot Size Units: Acres
  • Parcel Number: 243289-027-000-0003-027-021-0000
  • Lot Number: 27
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $229,000
  • Year Built: 1900
  • Year Built Description: Existing
  • Property Sub Type Additional: Commercial
Utilities
  • Num Of Electric Meters: 7
  • Num Of Gas Meters: 4
  • Sewer Description: Septic Tank
  • Utilities Available: Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Community Features: None
  • Construction Materials: Brick, Stone, Vinyl Siding
  • Exterior Features: Blacktop Driveway, Gravel Driveway, See Remarks
  • Roof Description: Asphalt, Metal, Shingle
Interior Features
  • Appliances: Electric Cooktop, Electric Oven, Electric Range, Freezer, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater
  • Basement Description: Exterior Entry, Full, Walk Up Access
  • Basement YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Hardwood, Laminate, Varies, Vinyl
  • Furnished: Unfurnished
  • Heating: Electric, Gas, Baseboard, Hot Water
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 6987.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$8,623.00
  • Number Of Units Total: 6
  • Operating Expense Includes: Accounting, Electric, Insurance, Legal, Maintenance Structure, Maintenance, Other, See Remarks, Snow Removal, Trash
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Rent Includes: Common Area Maintenance, Snow Removal, Trash Collection, Water
  • Tenant Pays: All Utilities

Property History for 1458 Rochester Street

DateEvent & SourcePriceAppreciation
Nov 25, 2020

Sold

New York State Alliance of MLSs (Buffalo) #R1284618

$315,000
Nov 25, 2020

Sold

WNYREIS #R1284618

$315,000
Nov 20, 2020

Sold (Public Record)

Public Record #1426914502

$315,000

+2.5% / yr

DateEvent & SourcePrice
11/25/2020

Sold

New York State Alliance of MLSs (Buffalo) #R1284618

$315,000
11/25/2020

Sold

WNYREIS #R1284618

$315,000
11/20/2020

Sold (Public Record)

Public Record #1426914502

$315,000

+2.5% / yr

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

Public Records for 1458 Rochester Street

Taxable ValueLand$34,700Additions$305,500Total$340,200
Tax Record2025$11,262 ($938 / month)
Home Facts
Total Finished SqFt6,987 SqFtAbove Grade Finished SqFt6,987 SqFtUnfinished Basement SqFt1,920 SqFtStories2Lot Size88,862 SqFtStyleMulti-Family Res (5+ Units)Year Built1965Zoning05 - COMMERCICountyLIVINGSTONAPN243289 27.-3-27.21

Schools near 1458 Rochester Street

This home is within Honeoye Falls-Lima Central School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 2 to 11
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Lima Elementary School
PublicK to 2

Manor Intermediate School
Public2 to 11

Honeoye Falls Lima Middle School
Public6 to 8

Honeoye Falls Lima Senior High School
Public9 to 12

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.

Similar Homes

New listings in 14485

$199,900 | 7343 Ziegler Drive, Lima, NY 14485
1/17

$199,900

3
Bedrooms
1,104
Square Feet
1.75
Acres
$129,000 | 31 Picture Book Park, Lima, NY 14485
1/47

Real Broker NY LLC • MLS #R1707328

Open: 9/12 01:00PM - 03:00PM

$129,000

3
Bedrooms
1,680
Square Feet
Unavailable
Acres
$224,900 | 7264 West Main Street, Lima, NY 14485
1/35

$224,900

3
Bedrooms
1,910
Square Feet
0.37
Acres
$449,900 | 0 Poplar Hill Road, Lima, NY 14485
1/16

$449,900

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
53.08
Acres
$49,000 | Rochester Street, Lima, NY 14485
1/5

$49,000

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.50
Acres
$375,000 | 7786 East Main Street, Lima, NY 14485
1/50

Howard Hanna • MLS #R1701895

$375,000

3
Bedrooms
2,355
Square Feet
3
Acres
$54,000 | 1925 Factory Hollow Road, West Bloomfield, NY 14485
1/24

Tru Agent Real Estate • MLS #R1699558

$54,000

2
Bedrooms
825
Square Feet
Unavailable
Acres
$364,000 | 7136 West Main Street, Lima, NY 14485
1/42

$364,000

6
Bedrooms
4,034
Square Feet
1.57
Acres

Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1458 Rochester Street, Lima, NY 14485
$315,000
6,987
88,862
$155,000
9,408
56,628
$240,000
52,272
$950,000
9,014
65,340
$25,000
223,898
560
30,000

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Howard Hanna

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.