Sold
Last Sold Price
6 beds4,140 sqft$33/sqft
470 Ridgeway Ave, Rochester, NY 14615
Multi FamilyProperty Type
3,920 sq ftLot Size
1920Year Built
$33/sq ftPrice per sq ft

Description

Another Rockin' Rochester Investment Opportunity! 3 of the 4 units currently tenant occupied. Vacant unit is ready for you to turn it into a brand new rent unit (Was previously rented for $750, below market rent, could be more!). Tenants are all month-to-month. Current GAI is $23,400, and that's with one vacant unit! Current C of O expires in 10/1/2024. Property being sold in as-is condition. Lots of potential to make this a great property in your portfolio. No delayed negotiations!Another Rockin' Rochester Investment Opportunity! 3 of the 4 units currently tenant occupied. Vacant unit is ready for you to turn it into a brand new rent unit (Was previously rented for $750, below market rent, could be more!). Tenants are all month-to-month. Current GAI is $23,400, and that's with one vacant unit! Current C of O expires in 10/1/2024. Property being sold in as-is condition. Lots of potential to make this a great property in your portfolio. No delayed negotiations!
  • Listed by: Marissa DelVecchio 585.719.3500 mdelvecchio.remax@gmail.com • RE/MAX Realty Group
  • Listed by: Colleen M. Bracci 585.719.3500 rochesterhouses@gmail.com • RE/MAX Realty Group
Listing closed: 10/24/2024 12:00 AM • Source: WNYREIS, MLS#: R1540546

Recent comparable sales

Median sold price

$170,250

Avg days on market

32

Sale-to-list ratio

105.0%

Rochester, NY

9 comparable properties found

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Location

Listing Courtesy of RE/MAX Realty Group

Sold By Keller Williams Realty Greater Rochester

Add your commute

Payment Calculator

$1,354 per month

30 year fixed, 6.55% Interest

Principal and Interest

$686

Property Taxes

$668

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 470 Ridgeway Avenue

Property Details
  • Taxes: $8,014 / year
  • MLS Type: Residential / Residential
  • Subdivision Comm Complex: Summit Grove
  • Styles Of Residence: Fourplex
  • On Waterfront: No
  • Parking Description: Off Site
  • Nearest Cross Street: Dewey
Building Information
  • Stories: 2
  • Residences: 4
  • Year Built: 1920
  • Lot Size: 0.09 AC / 3,920 SF
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: $8,014.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 4140.0
  • Land Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Num Of Acres: 0.09
  • Lot Size Area: 0.09
  • Lot Size Square Feet: 3920.0
  • Lot Size Units: Acres
  • Parcel Number: 261400-090-410-0003-049-000-0000
  • Road Frontage: City Street, Main Thoroughfare
  • Lot Number: 49
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $160,000
  • Year Built: 1920
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 5
  • Num Of Gas Meters: 4
  • Sewer Description: Connected
  • Utilities Available: Cable Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
  • Foundation Description: Block
  • Roof Description: Asphalt
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 6
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Carpet, Laminate, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Sq Ft Total: 4140.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Gross Annual Income: $23,400.00
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Operating Expense Includes: Other, See Remarks
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Eat-In Kitchen,Living Room
  • Unit Type Total Rent: $700.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 700
Unit 2
  • Unit Type Actual Rent: $575.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Formal Dining Room,Living Room
  • Unit Type Total Rent: $575.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 575
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Formal Dining Room,Living Room,Porch
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Occupant Type: Other
  • Unit Type Actual Rent Range: 0
Unit 4
  • Unit Type Actual Rent: $675.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: ,Formal Dining Room,Living Room
  • Unit Type Total Rent: $675.00
  • Unit Type Month To Month YN: Yes
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 675
Rental
Rental Information
  • Rent Includes: Trash Collection, Water

Property History for 470 Ridgeway Avenue

DateEvent & SourcePriceAppreciation
Oct 24, 2024

Sold

New York State Alliance of MLSs (Buffalo) #R1540546

$135,000
Oct 24, 2024

Sold

WNYREIS #R1540546

$135,000
Oct 2, 2024

Sold (Public Record)

Public Record #1544419786

$135,000

-1.3% / yr

DateEvent & SourcePrice
10/24/2024

Sold

New York State Alliance of MLSs (Buffalo) #R1540546

$135,000
10/24/2024

Sold

WNYREIS #R1540546

$135,000
10/02/2024

Sold (Public Record)

Public Record #1544419786

$135,000

-1.3% / yr

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

Public Records for 470 Ridgeway Avenue

Taxable ValueLand$18,000Additions$142,000Total$160,000
Tax Record2024$1,498 ($125 / month)
Home Facts
Total Finished SqFt2,760 SqFtAbove Grade Finished SqFt2,760 SqFtUnfinished Basement SqFt1,380 SqFtStories2Lot Size3,920 SqFtStyleMulti-Family Res (5+ Units)Year Built1925CountyMONROEAPN261400 090.41-3-49

Schools near 470 Ridgeway 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 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 470 Ridgeway Avenue, Rochester, NY 14615
$135,000
6
4,140
3,920
3
1
1,360
4,000
$62,000
4
1,495
4,010
4
1
1,743
10,454
$30,101
4
1,229
3,920
3
1
1,237
4,000

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 RE/MAX Realty Group

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.