Sold
Last Sold Price
12,057 sqft$41/sqft
870 Portland Ave, Rochester, NY 14621
Multi FamilyProperty Type
9,782 sq ftLot Size
1902Year Built
$41/sq ftPrice per sq ft

Description

Huge Opportunity:18-unit Brick Building with
$110,520 Income, $60,326 Net, 11.2% Cap Rate. FOURTEEN 1-Bedroom & FOUR studios at 870 Portland. One mile from Rochester General Hospital. Solid brick building w/ New Boiler,
Turn-Key, Local Management Available. All offers to be reviewed Saturday July 25, 2020. Virtual Walkthroughs, Financials and additional information are available upon request.
Huge Opportunity:18-unit Brick Building with
$110,520 Income, $60,326 Net, 11.2% Cap Rate. FOURTEEN 1-Bedroom & FOUR studios at 870 Portland. One mile from Rochester General Hospital. Solid brick building w/ New Boiler,
Turn-Key, Local Management Available. All offers to be reviewed Saturday July 25, 2020. Virtual Walkthroughs, Financials and additional information are available upon request.
  • Listed by: Jason W. Johansen 585.301.4155 jasonjohansen@rikmgt.com • Rik Management
  • Listed by: Andrea Chapin 585.301.4155 AndreaChapin@rikmgt.com • Rik Management
Listing closed: 11/12/2020 12:00 AM • Source: WNYREIS, MLS#: R1279940

Recent comparable sales

Median sold price

$522,500

Avg days on market

41

Sale-to-list ratio

95.2%

Rochester, NY

9 comparable properties found

$535,000 | 64 South Union Street, Rochester, NY 14607
1/41
1

$535,000

Sold 04/14/26

Unavailable
Bedrooms
Unavailable
Bathrooms
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$625,000 | 755-759 Lake Avenue, Unit 755, Rochester, NY 14613
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$520,000 | 770 Monroe Avenue, Unit 768, Rochester, NY 14607
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$360,000 | 244 Driving Park Avenue, Rochester, NY 14613
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Unavailable
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Unavailable
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$950,000 | 571 Lake Avenue, Rochester, NY 14613
1/2
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Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
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1/2
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Sold 12/19/25

Unavailable
Bedrooms
Unavailable
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Location

Listing Courtesy of Rik Management

Sold By RE/MAX Realty Group

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$3,964 per month

30 year fixed, 6.55% Interest

Principal and Interest

$2,541

Property Taxes

$1,422

HOA Dues

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Property Information for 870 Portland Avenue

Property Details
  • Taxes: $17,069 / year
  • MLS Type: Multi Family / Commercial
  • Subdivision Comm Complex: Glassman Et Al
  • On Waterfront: No
  • Parking Description: None, No Driveway, No Garage
  • Nearest Cross Street: Randolph Street
Building Information
  • Stories: 2
  • Residences: 18
  • Year Built: 1902
  • Lot Size: 0.22 AC / 9,782 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
  • Garage YN: No
Taxes and HOA Information
  • Area NYSWIS Code: Rochester City-261400
  • Tax Annual Amount: $17,069.00
Property
Lot Information
  • Building Area Total: 12057.0
  • Land Features: Residential Lot
  • Num Of Acres: 0.2246
  • Lot Size Area: 0.2246
  • Lot Size Square Feet: 9782.0
  • Lot Size Units: Acres
  • Parcel Number: 261400-091-830-0002-094-000-0000
  • Road Frontage: City Street
  • Lot Number: 94
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $295,000
  • Year Built: 1902
  • Year Built Description: Existing
  • Property Sub Type Additional: Commercial
Utilities
  • Num Of Gas Meters: 19
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Community Features: Other, See Remarks
  • Construction Materials: Brick
  • Roof Description: Built Up, Tar Gravel
Interior Features
  • Appliances: Gas Water Heater, See Remarks
  • Basement Description: Full
  • Basement YN: Yes
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Other, See Remarks, Varies, Vinyl
  • Heating: Gas, Hot Water
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 12057.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$17,069.00
  • Number Of Units Total: 18
  • Operating Expense Includes: Insurance, Maintenance, Other, Professional Management, See Remarks, Water Sewer
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Rent Includes: Heat, Hot Water, Trash Collection, Water

Property History for 870 Portland Avenue

DateEvent & SourcePriceAppreciation
Nov 12, 2020

Sold

New York State Alliance of MLSs (Buffalo) #R1279940

$500,000
Nov 12, 2020

Sold

WNYREIS #R1279940

$500,000
Nov 5, 2020

Sold (Public Record)

Public Record #686505031

$500,000

+13.3% / yr

DateEvent & SourcePrice
11/12/2020

Sold

New York State Alliance of MLSs (Buffalo) #R1279940

$500,000
11/12/2020

Sold

WNYREIS #R1279940

$500,000
11/05/2020

Sold (Public Record)

Public Record #686505031

$500,000

+13.3% / yr

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

Public Records for 870 Portland Avenue

Taxable ValueLand$13,700Additions$486,300Total$500,000
Tax Record2024$4,682 ($390 / month)
Home Facts
Total Finished SqFt12,057 SqFtAbove Grade Finished SqFt8,038 SqFtFinished Basement SqFt4,019 SqFtStories2Lot Size9,802 SqFtStyleMulti-Family Res (5+ Units)Year Built1902CountyMONROEAPN261400 091.83-2-94

Schools near 870 Portland Avenue

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 6
Public - PK to 6
Rating
School
Distance
School 45 Mary Mcleod Bethune
PublicPK to 8

Franklin Upper School
Public9 to 12

School 22 Lincoln School
PublicPK to 6

School 33 Audubon
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: 870 Portland Avenue, Rochester, NY 14621
$500,000
12,057
9,782
13,044
8,294
$43,000
4
2
2,176
6,574
$7,400
4
1
1,543
4,621
3
1
1,873
5,400
$53,700
4
2
1,842
3,920

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 Rik Management

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.