56 Chili Ter

Baths
4,848 Sq. Ft.
$56 / Sq. Ft.
4,848
Sq. Ft.
$56
per Sq. Ft.

Description

Welcome to 56 Chili Terrace, a prime opportunity to expand your investment portfolio with a fully renovated and income-producing property. This unique building features five residential units, along with a bonus storage unit that includes a full bathroom, offering potential for additional income. Each unit is individually metered for electric, gas, AND water! Residents enjoy the convenience of a large off-street parking lot with designated/labeled parking spots. This building is meticulously maintained,...Welcome to 56 Chili Terrace, a prime opportunity to expand your investment portfolio with a fully renovated and income-producing property. This unique building features five residential units, along with a bonus storage unit that includes a full bathroom, offering potential for additional income. Each unit is individually metered for electric, gas, AND water! Residents enjoy the convenience of a large off-street parking lot with designated/labeled parking spots. This building is meticulously maintained, featuring low-maintenance exterior siding and a NEW tear-off roof, ensuring minimal upkeep for years to come. Each unit has been thoughtfully updated to enhance both tenant comfort and rental value. With a gross annual income exceeding $47,000, this property is a turn-key investment offering strong steady cash flow. Don’t miss your chance to own this exceptional investment—schedule a showing today! Delayed Showings begin Thursday: 9/18 at 4pm, Delayed Negotiations are due Wednesday 9/24 at 12 noon.
  1. Listed by Joseph Skelly • Coldwell Banker Custom Realty
    P: (585)-671-1111 C: (607)-725-7633 Joe@pkcribs.com

Property Details for 56 Chili Terrace

Subdivision Comm Complex
Milhofer Roch&Aikonhead S
On Waterfront
No
Parking Description
Three Or More Spaces, Driveway, No Garage, Shared Driveway
Nearest Cross Street
Devonshire Court
LISTING CLOSED: 12/16/2025 12:00 AM

Property Details for 56 Chili Terrace

StatusClosed
MLS #R1637927
Days on Market10
Taxes$5,090 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Other
Year Built1900
Lot Size0.19 AC / 8,077 SF
CountyMonroe County

Location

Listing Courtesy of Coldwell Banker Custom Realty

Sold By RE/MAX Realty Group

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Building Information for 56 Chili Terrace

Stories2Residences5Year Built1900Building Size-Lot Size0.19 AC / 8,077 SF

Payment Calculator

$1,770 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,345

Property Taxes

$424

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 56 Chili Terrace

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
  • Garage YN: No
Taxes and HOA Information
  • Area NYSWIS Code: Rochester City-261400
  • Tax Annual Amount: $5,090.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 4848.0
  • Land Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Num Of Acres: 0.1854
  • Lot Size Area: 0.1854
  • Lot Size Square Feet: 8077.0
  • Lot Size Units: Acres
  • Parcel Number: 261400-120-630-0003-040-000-0000
  • Road Frontage: City Street
  • Lot Number: 40
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $145,000
  • Year Built: 1900
  • Year Built Description: Existing
  • Property Sub Type Additional: Other
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 6
  • Num Of Gas Meters: 5
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Community Features: None
  • Construction Materials: Blown In Insulation, Composite Siding, Vinyl Siding, Wood Siding, Copper Plumbing, Pex Plumbing
  • Exterior Features: Blacktop Driveway, Barbecue
  • Roof Description: Asphalt
  • Security Features: Fire Escape
Interior Features
  • Appliances: Free Standing Range, Gas Water Heater, Oven, Refrigerator
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 5
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Laminate, Luxury Vinyl, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Laundry Features: Common Area
  • Levels: Two
  • Sq Ft Total: 4848.0
  • Main Level Bathrooms: 0
  • Window Features: Storm Windows, Thermal Windows, Wood Frames
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • Operating Expense Includes: Insurance, Maintenance Structure, Maintenance, Professional Management
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Rent Includes: Trash Collection
  • Tenant Pays: All Utilities

Property History for 56 Chili Terrace

DateEvent & SourcePriceAppreciation
Dec 16, 2025

Sold

New York State Alliance of MLSs (Buffalo) #R1637927

$270,000
Dec 16, 2025

Sold

WNYREIS #R1637927

$270,000
Oct 29, 2025

Sold (Public Record)

Public Record #1926636429

$270,000

+15.4% / yr

DateEvent & SourcePrice
12/16/2025

Sold

New York State Alliance of MLSs (Buffalo) #R1637927

$270,000
12/16/2025

Sold

WNYREIS #R1637927

$270,000
10/29/2025

Sold (Public Record)

Public Record #1926636429

$270,000

+15.4% / yr

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

Public Records for 56 Chili Terrace

Taxable ValueLand$6,000Additions$139,000Total$145,000
Tax Record2024$1,358 ($113 / month)
Home Facts
Total Finished SqFt3,282 SqFtAbove Grade Finished SqFt3,282 SqFtUnfinished Basement SqFt1,566 SqFtStories2Lot Size8,085 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyMONROEAPN261400 120.63-3-40

Schools near 56 Chili Terrace

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
LORETTA JOHNSON MIDDLE SCHOOL
Public7 to 8

Joseph C Wilson Magnet High School
Public9 to 12

School 4 George Mather Forbes
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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Listing Courtesy of Coldwell Banker Custom Realty

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.