865 Lake Ave

Baths
17,600 Sq. Ft.
$87 / Sq. Ft.
17,600
Sq. Ft.
$87
per Sq. Ft.

Description

Another Rockin' Rochester Property! Attention investors! This solid brick NINETEEN unit apartment building features all 1 bdrm units (rents averaging $1091/mo) and is the definition of a turn-key, cash flowing asset. Comes with a new Certificate of Occupancy at closing. 100% occupied- offering immediate, reliable income from day one. Even better, most tenants rebts are paid through organizations that provide guaranteed rental payments, delivering consistent cash flow and reduced collection concerns....Another Rockin' Rochester Property! Attention investors! This solid brick NINETEEN unit apartment building features all 1 bdrm units (rents averaging $1091/mo) and is the definition of a turn-key, cash flowing asset. Comes with a new Certificate of Occupancy at closing. 100% occupied- offering immediate, reliable income from day one. Even better, most tenants rebts are paid through organizations that provide guaranteed rental payments, delivering consistent cash flow and reduced collection concerns. Thoughtfully maintained with numerous efficiency upgrades including all new windows, energy efficient lighting and a boiler equipped with Tekmar controls for improved heating performance and lower operating costs. Hardwood flooring, luxury vinyl plank flooring, plenty of off street parking, kitchens and baths updated. Convenient access to downtown, public transportation, shopping, restaurants, parks, Maplewood Rose Garden and Ontario Beach Park. This one checks all the boxes with strong occupancy, quality improvements and a great rental income with a $248k gross income!
  1. Listed by Colleen M. Bracci • RE/MAX Realty Group
    P: (585)-719-3566 C: (585)-507-3468 rochesterhouses@gmail.com

Property Details for 865 Lake Avenue

Subdivision Name
G W Mc Crackens
Has Waterfront
No
LISTING UPDATED: 07/06/2026 06:10 AM

Property Details for 865 Lake Avenue

StatusActive
MLS #R1695874
Days on Market1
Taxes$26,194 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Other
Year Built1935
Lot Size0.14 AC / 6,098 SF
CountyMonroe County

Location

Listing Courtesy of RE/MAX Realty Group
Add your commute

Building Information for 865 Lake Avenue

Stories3Residences19Year Built1935Building Size-Lot Size0.14 AC / 6,098 SF

Payment Calculator

$9,782 per month

30 year fixed, 6.36% Interest

Principal and Interest

$7,599

Property Taxes

$2,183

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 865 Lake Avenue

Summary
Location and General Information
  • Cross Street: Driving Park Ave
  • Directions: Lake Ave between Driving Park Ave and Selye Terrace
  • Latitude: 43.18111
  • Longitude: -77.632164
  • MLS Area Major: Rochester City-261400
  • Township: Not Applicable
Taxes and HOA
  • Parcel Number: 261400-090-830-0001-019-000-0000
  • Tax Annual Amount: $26,194.00
  • Tax Assessed Value: 760000
School Information
  • Elementary School District: Rochester
  • High School District: Rochester
  • Middle Or Junior School District: Rochester
Parking
  • Garage Spaces: 0.0
  • Has Garage: No
  • Parking Features: One And One Half Spaces, Driveway, No Garage
Property
Lot Information
  • Lot Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Units: Acres
  • Lot Size Dimensions: 50X128
  • Road Frontage Type: City Street
Property and Assessments
  • Building Area Source: Public Records
  • Building Area Total: 17600.0
  • Living Area: 17600.0
  • Property Condition: Resale
  • Property Sub Type: Other
  • Property Sub Type Additional: Other
  • Property Type: Multi Family
  • Year Built: 1935
  • Year Built Details: Existing
Building Features
  • Construction Materials: Brick, Copper Plumbing, Pex Plumbing
Utilities
  • Electric: Circuit Breakers
  • Number Of Separate Electric Meters: 20
  • Number Of Separate Gas Meters: 19
  • Sewer: Connected
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public
Interior and Exterior Features
Interior Features
  • Appliances: Gas Water Heater, Refrigerator
  • Basement: Full, Partially Finished
  • Has Basement: Yes
  • Bathrooms Total Integer: 0
  • Bedrooms Total: 19
  • Has Fireplace: No
  • Flooring: Hardwood, Luxury Vinyl, Varies
  • Heating: Gas, Hot Water
  • Has Heating: Yes
  • Interior Features: Natural Woodwork
  • Main Level Bathrooms: 0
  • Window Features: Thermal Windows
Exterior Features
  • Community Features: None
  • Exterior Features: Blacktop Driveway
  • Roof: Flat
  • Stories: 3
  • Stories Total: 3
Multi Family
Multi Family Information
  • Number Of Units Total: 19
Income & Expenses
  • Gross Income: $248,820
  • Net Operating Income: $128,291
  • Operating Expense: $94,335.00
  • Operating Expense Includes: Maintenance, Other, See Remarks, Water Sewer
Rental
Rent Information
  • Rent Includes: Other, See Remarks, Snow Removal, Trash Collection, Water

Property History for 865 Lake Avenue

DateEvent & SourcePriceAppreciation
Jul 5, 2026

Listed (Active)

WNYREIS #R1695874

$1,525,000
Jul 5, 2026

Listed (Active)

New York State Alliance of MLSs (Buffalo) #R1695874

$1,525,000
DateEvent & SourcePrice
07/05/2026

Listed (Active)

WNYREIS #R1695874

$1,525,000
07/05/2026

Listed (Active)

New York State Alliance of MLSs (Buffalo) #R1695874

$1,525,000

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

Public Records for 865 Lake Avenue

Taxable ValueLand$18,800Additions$741,200Total$760,000
Tax Record2024$7,116 ($593 / month)
Home Facts
Total Finished SqFt13,200 SqFtAbove Grade Finished SqFt13,200 SqFtStories3Lot Size6,410 SqFtStyleMulti-Family Res (5+ Units)Year Built1935CountyMONROEAPN261400 090.83-1-19

Schools near 865 Lake Avenue

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 7 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.

Similar Homes

865 Lake Avenue is a multi-family home for sale in Rochester, NY 14613. This property was listed for sale on July 5, 2026 by RE/MAX Realty Group, it's currently listed at $1,525,000. This listing's school district is Rochester City School District. Nearby schools include School 7 Virgil Grissom, ANDREW A LANGSTON MIDDLE SCHOOL and Integrated Arts And Technology High School. 865 Lake Avenue is a 19-bed, 0-bath, 17,600 sqft multi-family home built in 1935.

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

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Compass and its related brokerages, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Compass and its related brokerages shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.