40-42 Colvin St

2,742 Sq. Ft.
$25 / Sq. Ft.
2,742
Sq. Ft.
$25
per Sq. Ft.

Description

Excellent opportunity to pick up a desirable, true built side by side two family with room to add value! Each apartment features 3 bedrooms, 1 bath and 1371 sqft. Some of the recent improvements include: a layover roof 5 years ago, exterior paint job 2 years ago, and all vinyl replacement windows. The rents are under market due to long term tenants, some work needed and the seller not increasing as the market increased. This property will be sold AS-IS, no CofO will be supplied and no code violations...Excellent opportunity to pick up a desirable, true built side by side two family with room to add value! Each apartment features 3 bedrooms, 1 bath and 1371 sqft. Some of the recent improvements include: a layover roof 5 years ago, exterior paint job 2 years ago, and all vinyl replacement windows. The rents are under market due to long term tenants, some work needed and the seller not increasing as the market increased. This property will be sold AS-IS, no CofO will be supplied and no code violations will be cured. (1) tenant is a few months behind, no rent credit will be given for this unit. Price reflects these details. This is a great opportunity to get started, or add another building to the portfolio, improve operation and add value where needed in exchange for cash flow and equity!
  1. Listed by Joseph DiMarzo • Key Property Ventures, LLC
    P: (585)-770-4060 C: (585)-770-4060 Joedimarzo6413@yahoo.com

Property Details for 40-42 Colvin Street

Subdivision Comm Complex
Town Lt
On Waterfront
No
Parking Description
No Driveway, On Street
Nearest Cross Street
West Ave
LISTING CLOSED: 05/11/2023 12:00 AM

Property Details for 40-42 Colvin Street

StatusClosed
MLS #R1457101
Days on Market29
Taxes$2,657 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential / Residential
Year Built1930
Lot Size0.09 AC / 4,006 SF
CountyMonroe County

Location

Listing Courtesy of Key Property Ventures, LLC

Sold By Platinum Prop & Asset Mgmt

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Building Information for 40-42 Colvin Street

Stories2Residences2Year Built1930Building Size-Lot Size0.09 AC / 4,006 SF

Payment Calculator

$570 per month

30 year fixed, 6.36% Interest

Principal and Interest

$348

Property Taxes

$221

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 40-42 Colvin Street

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: $2,657.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2742.0
  • Land Features: Near Public Transit, Residential Lot
  • Num Of Acres: 0.092
  • Lot Size Area: 0.092
  • Lot Size Square Feet: 4006.0
  • Lot Size Units: Acres
  • Parcel Number: 261400-120-410-0001-058-000-0000
  • Road Frontage: City Street
  • Lot Number: 58
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $48,000
  • Year Built: 1930
  • Year Built Description: Existing
Utilities
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding
  • Foundation Description: Block
Interior Features
  • Appliances: Electric Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 6
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Varies, Vinyl
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Sq Ft Total: 2742.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$2,657.00
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Insurance, Maintenance, Professional Management, Water Sewer
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Features: ,Dining Area With Living Room,Eat-In Kitchen,Porch
  • Unit Type Total Rent: $850.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 850
Unit 2
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Features: ,Dining Area With Living Room,Eat-In Kitchen,Porch
  • Unit Type Total Rent: $700.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 1
  • Unit Type Actual Rent Range: 700
Rental
Rental Information
  • Rent Includes: Gardener, Water

Property History for 40-42 Colvin Street

DateEvent & SourcePriceAppreciation
May 11, 2023

Sold

WNYREIS #R1457101

$69,900
May 11, 2023

Sold

New York State Alliance of MLSs (Buffalo) #R1457101

$69,900
Mar 28, 2023

Pending

WNYREIS #R1457101

DateEvent & SourcePrice
05/11/2023

Sold

WNYREIS #R1457101

$69,900
05/11/2023

Sold

New York State Alliance of MLSs (Buffalo) #R1457101

$69,900
03/28/2023

Pending

WNYREIS #R1457101

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

Public Records for 40-42 Colvin Street

Taxable ValueLand$5,600Additions$42,400Total$48,000
Home Facts
Baths3Total Finished SqFt2,742 SqFtAbove Grade Finished SqFt2,742 SqFtStories3Lot Size4,000 SqFtStyleDuplexYear Built1930Zoning22CountyMONROEAPN261400 120.41-1-58

Schools near 40-42 Colvin Street

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - K to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
School 4 George Mather Forbes
PublicPK to 6

Joseph C Wilson Foundation Academy
PublicK to 8

Joseph C Wilson Magnet 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.

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Listing Courtesy of Key Property Ventures, LLC

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.