500 1/2 Lyell Ave

Rochester, NY 14606

$215,000
Last Sold Price
6
Beds
3,732 Sq. Ft.
$58 / Sq. Ft.
3,732
Sq. Ft.
$58
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 11/13/25
Closed 11/13/25

Description

Investor Alert! Welcome to this fully vacant 4-unit building, offering a clean slate and strong rental potential right from the start! Each unit features 2 bedrooms and 1 full bathroom, with a layout that suits a wide range of tenants. Units 1, 2, and 4 have been thoughtfully updated throughout, showcasing durable LVP flooring, fresh finishes, and modern fixtures. These units also come equipped with a stove/oven and refrigerator, making them fully move-in ready. A blacktop parking area at the rear...Investor Alert! Welcome to this fully vacant 4-unit building, offering a clean slate and strong rental potential right from the start! Each unit features 2 bedrooms and 1 full bathroom, with a layout that suits a wide range of tenants. Units 1, 2, and 4 have been thoughtfully updated throughout, showcasing durable LVP flooring, fresh finishes, and modern fixtures. These units also come equipped with a stove/oven and refrigerator, making them fully move-in ready. A blacktop parking area at the rear of the building provides convenient off-street parking—an added bonus for tenants and a desirable amenity that enhances overall appeal. And with all four units currently vacant, you have full control over tenant selection and rental strategy from day one. Each unit has the potential to generate $800–$1,000/month in rent, offering a projected gross monthly income of $3,200–$4,000. Whether you're a seasoned investor or just getting started, this is a rare chance to secure an income-producing asset with the potential for immediate cash flow!
  1. Listed by Jeremy V. Havens • Elysian Homes by Mark Siwiec and Associates
    P: (585)-330-8750 C: (585)-507-9325 Jeremy@elysianhomesny.com

Property Details for 500 1/2 Lyell Avenue

Subdivision Comm Complex
Myrtle Hill Subn
On Waterfront
No
Parking Description
Paved, Parking Available
Nearest Cross Street
Lyell Ave
LISTING UPDATED: 04/15/2026 09:26 PM

Property Details for 500 1/2 Lyell Avenue

StatusClosed
MLS #R1602684
Days on Market26
Taxes$6,433 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1900
Lot Size0.13 AC / 5,718 SF
CountyMonroe County
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Location

Listing Courtesy of Elysian Homes by Mark Siwiec and Associates

Sold By Upstate Prestige Properties

Add your commute

Building Information for 500 1/2 Lyell Avenue

Stories2Residences4Year Built1900Building Size-Lot Size0.13 AC / 5,718 SF

Payment Calculator

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$1,619 per month

30 year fixed, 6.46% Interest

Principal and Interest

$1,083

Property Taxes

$536

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 500 1/2 Lyell 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: .00
Taxes and HOA Information
  • Area NYSWIS Code: Rochester City-261400
  • Tax Annual Amount: $6,433.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 3732.0
  • Land Features: Near Public Transit, Rectangular, Rectangular Lot
  • Num Of Acres: 0.1313
  • Lot Size Area: 0.1313
  • Lot Size Square Feet: 5718.0
  • Lot Size Units: Acres
  • Parcel Number: 261400-105-650-0001-060-000-0000
  • Road Frontage: Main Thoroughfare
  • Lot Number: 60
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $185,000
  • Year Built: 1900
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 5
  • 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: Brick, Copper Plumbing, Pex Plumbing
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: Luxury Vinyl, Tile, Varies
  • Heating: Electric, Baseboard
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 3732.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Operating Expense Includes: Trash, Water Sewer
  • Stories: 2
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: Oven/ Range,Refrigerator,Living Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Other - See Remarks
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Oven/ Range,Refrigerator,Other - See Remarks
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 4
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Living Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Rental
Rental Information
  • Rent Includes: Trash Collection, Water

Property History for 500 1/2 Lyell Avenue

DateEvent & SourcePriceAppreciation
Nov 13, 2025

Sold

WNYREIS #R1602684

$215,000—
Oct 16, 2025

Contract Out

WNYREIS #R1602684

—
Jun 2, 2025

Pending

WNYREIS #R1602684

—
DateEvent & SourcePrice
11/13/2025

Sold

WNYREIS #R1602684

$215,000
10/16/2025

Contract Out

WNYREIS #R1602684

—
06/02/2025

Pending

WNYREIS #R1602684

—

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

Schools near 500 1/2 Lyell Avenue

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
School 54 Flower City Community School
Public - PK to 6
School 17 Enrico Fermi
Public - PK to 6
Edison Career and Technology High School
Public - 9 to 12
School 5 John Williams
Public - PK to 6
Rating
School
Distance
School 54 Flower City Community School
PublicPK to 6

School 17 Enrico Fermi
PublicPK to 6

Edison Career and Technology High School
Public9 to 12

School 5 John Williams
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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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Elysian Homes by Mark Siwiec and Associates

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.