870 Portland Ave
Description
$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 • Rik ManagementP: (585)-301-4155 C: (585)-488-6390 jasonjohansen@rikmgt.com
- Listed by Andrea Chapin • Rik ManagementP: (585)-301-4155 C: (585)-301-4155 AndreaChapin@rikmgt.com
Property Details for 870 Portland Avenue
Property Details for 870 Portland Avenue
| Status | Closed |
|---|---|
| MLS # | R1279940 |
| Days on Market | 6 |
| Taxes | $17,069 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi Family / Commercial |
| Year Built | 1902 |
| Lot Size | 0.22 AC / 9,782 SF |
| County | Monroe County |
Location
Sold By RE/MAX Realty Group
Building Information for 870 Portland Avenue
Payment Calculator
$3,914 per month
30 year fixed, 6.36% Interest
$2,492
$1,422
$0
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1Property Information for 870 Portland Avenue
- Elementary School District: Rochester
- High School District: Rochester
- Middle Or Junior School District: Rochester
- Village: Not Applicable
- Human YN: No
- Garage Spaces per Apt: .00
- Garage YN: No
- Area NYSWIS Code: Rochester City-261400
- Tax Annual Amount: $17,069.00
- Virtual Tour URL Branded: https://view.ricohtours.com/9bb88528-f466-4801-acc9-51dc1d0cfc57
- Virtual Tour URL: https://mls.ricohtours.com/9bb88528-f466-4801-acc9-51dc1d0cfc57
- 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 Condition: Resale
- Senior Community YN: No
- Assessed Value: $295,000
- Year Built: 1902
- Year Built Description: Existing
- Property Sub Type Additional: Commercial
- Num Of Gas Meters: 19
- Sewer Description: Connected
- Utilities Available: Sewer Connected, Water Connected
- Water Supply: Connected, Public
- Community Features: Other, See Remarks
- Construction Materials: Brick
- Roof Description: Built Up, Tar Gravel
- 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
- 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
- Rent Includes: Heat, Hot Water, Trash Collection, Water
Property History for 870 Portland Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| 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 |
| Jul 27, 2020 | Pending WNYREIS #R1279940 | — | |
| Jul 26, 2020 | Pending New York State Alliance of MLSs (Buffalo) #R1279940 | — | |
| Jul 21, 2020 | Listed (Active) New York State Alliance of MLSs (Buffalo) #R1279940 | $540,000 | — |
| Jul 21, 2020 | Listed (Active) WNYREIS #R1279940 | $540,000 | — |
| Apr 30, 2020 | Expired New York State Alliance of MLSs (Buffalo) #R1253298 | $499,000 | — |
| Apr 30, 2020 | Expired WNYREIS #R1253298 | — | |
| Feb 26, 2020 | Listed (Active) New York State Alliance of MLSs (Buffalo) #R1253298 | $499,000 | — |
| Feb 26, 2020 | Listed (Active) WNYREIS #R1253298 | $499,000 | — |
| Jan 3, 2017 | Sold (Public Record) Public Record #587857755 | $310,000 | — |
| Jun 1, 2013 | Expired WNYREIS #R191380 | — | |
| Jun 1, 2013 | Expired New York State Alliance of MLSs (Buffalo) #R191380 | $360,000 | — |
| Aug 27, 2012 | Listed (Active) WNYREIS #R191380 | $360,000 | — |
| Aug 27, 2012 | Listed (Active) New York State Alliance of MLSs (Buffalo) #R191380 | $360,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 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 |
| 07/27/2020 | Pending WNYREIS #R1279940 | — |
| 07/26/2020 | Pending New York State Alliance of MLSs (Buffalo) #R1279940 | — |
| 07/21/2020 | Listed (Active) New York State Alliance of MLSs (Buffalo) #R1279940 | $540,000 |
| 07/21/2020 | Listed (Active) WNYREIS #R1279940 | $540,000 |
| 04/30/2020 | Expired New York State Alliance of MLSs (Buffalo) #R1253298 | $499,000 |
| 04/30/2020 | Expired WNYREIS #R1253298 | — |
| 02/26/2020 | Listed (Active) New York State Alliance of MLSs (Buffalo) #R1253298 | $499,000 |
| 02/26/2020 | Listed (Active) WNYREIS #R1253298 | $499,000 |
| 01/03/2017 | Sold (Public Record) Public Record #587857755 | $310,000 |
| 06/01/2013 | Expired WNYREIS #R191380 | — |
| 06/01/2013 | Expired New York State Alliance of MLSs (Buffalo) #R191380 | $360,000 |
| 08/27/2012 | Listed (Active) WNYREIS #R191380 | $360,000 |
| 08/27/2012 | Listed (Active) New York State Alliance of MLSs (Buffalo) #R191380 | $360,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 870 Portland Avenue
Schools near 870 Portland Avenue
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 off-market homes
| Address | Sold price | Beds | Baths | Sqft | Lot AC |
|---|---|---|---|---|---|
– | – | – | 13,044 | 0.19 | |
$43,000 | 4 | 2 | 2,176 | 0.15 | |
$7,400 | 4 | 1 | 1,543 | 0.11 | |
– | 3 | 1 | 1,873 | 0.12 | |
$53,700 | 4 | 2 | 1,842 | 0.09 | |
$285,000 | – | – | 10,300 | 0.13 | |
$53,700 | – | 2 | 1,842 | 0.09 | |
$150,000 | 4 | 2 | 1,650 | 0.13 | |
– | – | – | 4,116 | 0.15 | |
$29,500 | 2 | 1 | 826 | 1 | |
$70,000 | – | – | 4,446 | 0.08 | |
$111,500 | 3 | 2 | 1,500 | 0.12 | |
– | – | – | 4,500 | 0.11 | |
– | – | – | 6,240 | 0.11 | |
$165,000 | – | – | 8,920 | 0.13 |
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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.
