Sold
Last Sold Price
8 beds4 baths5,100 sqft$27/sqft
251-257 Ravine Ave, Rochester, NY 14613
Multi FamilyProperty Type
6,969 sq ftLot Size
1914Year Built
$27/sq ftPrice per sq ft
4 carsParking Spaces

Description

Rare opportunity! Large 4-Family with all totally separate utilities! All separate front & rear entrances for every unit. Complete tear off roof in 2009 and new replacement windows!. in spectacular shape and about as turn key as it gets. Participated in Monroe county LEAD Grant program, property is certified - lead free hazard. Every unit is large and updated. New copper water service from the street. Practically never any maintenance and units which rent out when available in a day! Owner has similar...Rare opportunity! Large 4-Family with all totally separate utilities! All separate front & rear entrances for every unit. Complete tear off roof in 2009 and new replacement windows!. in spectacular shape and about as turn key as it gets. Participated in Monroe county LEAD Grant program, property is certified - lead free hazard. Every unit is large and updated. New copper water service from the street. Practically never any maintenance and units which rent out when available in a day! Owner has similar units in the area renting for $650...so rents could be higher. NOI is $19,283 Cap rate 14%
Listing closed: 03/26/2015 12:00 AM • Source: WNYREIS, MLS#: R265510

Recent comparable sales

Median sold price

$156,000

Avg days on market

29

Sale-to-list ratio

99.9%

Rochester, NY

9 comparable properties found

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$100,000 | 118-122 Lexington Avenue, Unit 118, Rochester, NY 14613
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$251,000 | 158 Birr Street, Unit 156, Rochester, NY 14613
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$320,000 | 1896 Dewey Avenue, Rochester, NY 14615
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Location

Listing Courtesy of RE/MAX Realty Group, Ltd.

Sold By RE/MAX Plus

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Principal and Interest

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Property Taxes

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Property Information for 251-257 Ravine Avenue

Property Details
  • Taxes: $3,058 / year
  • MLS Type: Residential / Residential
  • Subdivision Comm Complex: GLENWOOD
  • Styles Of Residence: Fourplex
  • On Waterfront: No
  • Parking Description: Paved
  • Nearest Cross Street: Dewey Ave
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1914
  • Lot Size: 0.16 AC / 6,969 SF
Summary
Location and General Information
  • Elementary School District: Rochester
  • High School District: Rochester
  • Middle School Name: Other - See Remarks
  • Middle Or Junior School District: Rochester
  • Village: Not Applicable
  • Human YN: No
Parking
  • Garage Spaces per Apt: 4.00
  • Garage YN: Yes
Taxes and HOA Information
  • Area NYSWIS Code: Rochester City-261400
  • Tax Annual Amount: $3,058.00
Property
Lot Information
  • Building Area Total: 5100.0
  • Land Features: Near Public Transit, Residential Lot
  • Num Of Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Units: Acres
  • Parcel Number: 261400-105-340-0003-024-000-0000
  • Road Frontage: City Street
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $72,000
  • Year Built: 1914
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 4
  • Num Of Gas Meters: 4
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
Interior Features
  • Appliances: Exhaust Fan, Free Standing Range, Gas Water Heater, Microwave, Oven, Range Hood
  • Basement Description: Full
  • Basement YN: Yes
  • Floor Description: Ceramic Tile, Hardwood, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 5100.0
  • Main Level Bathrooms: 0
  • Num Of Rooms: 20
Multi Family
Multi-Family Information
  • Gross Annual Income: $28,320.00
  • Net Operating Income: $25,262.00
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Operating Expenses: $800.00
  • Operating Expense Includes: Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $595.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $595.00
  • Unit Type Leased YN: Yes
  • Unit Type Lease Expires: 10-31-2015
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 595
Unit 2
  • Unit Type Actual Rent: $595.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $595.00
  • Unit Type Leased YN: Yes
  • Unit Type Lease Expires: 02-28-2015
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 595
Unit 3
  • Unit Type Actual Rent: $595.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $595.00
  • Unit Type Leased YN: Yes
  • Unit Type Lease Expires: 06-30-2015
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 595
Unit 4
  • Unit Type Actual Rent: $575.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $575.00
  • Unit Type Leased YN: Yes
  • Unit Type Lease Expires: 11-30-2015
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 575
Rental
Rental Information
  • Rent Includes: Trash Collection, Water

Property History for 251-257 Ravine Avenue

DateEvent & SourcePriceAppreciation
Mar 26, 2015

Sold

WNYREIS #R265510

$139,900
Mar 26, 2015

Sold

New York State Alliance of MLSs (Buffalo) #R265510

$139,900
Feb 9, 2015

Pending

WNYREIS #R265510

DateEvent & SourcePrice
03/26/2015

Sold

WNYREIS #R265510

$139,900
03/26/2015

Sold

New York State Alliance of MLSs (Buffalo) #R265510

$139,900
02/09/2015

Pending

WNYREIS #R265510

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

Schools near 251-257 Ravine Avenue

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
School 54 Flower City Community School
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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 251-257 Ravine Avenue, Rochester, NY 14613
$139,900
8
4
5,100
6,969
$95,000
3,632
6,970
$36,000
4
2,252
6,950
$45,000
2
1,614
6,965
$68,000
2
2,582
8,259
$15,000
6
2,016
4,356

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 RE/MAX Realty Group, Ltd.

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.