871 Lake Ave

1,872 Sq. Ft.
$77 / Sq. Ft.
1,872
Sq. Ft.
$77
per Sq. Ft.

Description

Another Rockin' Rochester Property! You are going to be thankful for this one! City of Rochester Rental Property Score of 100%! Current C of O expires 2026, no longer transferrable, seller will provide if the offer is right. Two long term tenants- one there five years, one there three years. Truly turnkey (not TURKEY). Both tenants are section 8 and have an excellent payment history. $31,200 gross income, with 20% maintenance and 5% vacancy, you are looking at a cap rate of over 17%! That's better...Another Rockin' Rochester Property! You are going to be thankful for this one! City of Rochester Rental Property Score of 100%! Current C of O expires 2026, no longer transferrable, seller will provide if the offer is right. Two long term tenants- one there five years, one there three years. Truly turnkey (not TURKEY). Both tenants are section 8 and have an excellent payment history. $31,200 gross income, with 20% maintenance and 5% vacancy, you are looking at a cap rate of over 17%! That's better than Aunt Betty's stuffing!
  1. Listed by Colleen M. Bracci • RE/MAX Realty Group
    P: (585)-719-3500 C: (585)-719-3566 rochesterhouses@gmail.com

Property Details for 871 Lake Avenue

Subdivision Comm Complex
Town Lt
Styles Of Residence
Duplex
On Waterfront
No
Parking Description
No Driveway
Nearest Cross Street
Driving Park
LISTING CLOSED: 04/11/2025 12:00 AM

Property Details for 871 Lake Avenue

StatusClosed
MLS #R1574851
Days on Market8
Taxes$3,358 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential / Duplex
Year Built1910
Lot Size0.10 AC / 4,356 SF
CountyMonroe County

Location

Listing Courtesy of RE/MAX Realty Group

Sold By Keller Williams Realty Greater Rochester

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Building Information for 871 Lake Avenue

Stories2Residences2Year Built1910Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$1,002 per month

30 year fixed, 6.36% Interest

Principal and Interest

$723

Property Taxes

$280

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 871 Lake 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: $3,358.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 1872.0
  • Land Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Num Of Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Units: Acres
  • Parcel Number: 261400-090-830-0001-018-000-0000
  • Road Frontage: City Street
  • Lot Number: 18
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $122,500
  • Year Built: 1910
  • Year Built Description: Existing
  • Property Sub Type Additional: Duplex
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 2
  • Num Of Gas Meters: 2
  • Sewer Description: Connected
  • Utilities Available: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Pex Plumbing
  • Roof Description: Asphalt
  • Structure Type: Duplex
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 4
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Sq Ft Total: 1872.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Operating Expense Includes: Other, See Remarks
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $1,295.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Eat-In Kitchen
  • Unit Type Total Rent: $1,295.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1295
Unit 2
  • Unit Type Actual Rent: $1,295.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Features: ,Eat-In Kitchen
  • Unit Type Total Rent: $1,295.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 1295
Rental
Rental Information
  • Tenant Pays: All Utilities

Property History for 871 Lake Avenue

DateEvent & SourcePriceAppreciation
Apr 11, 2025

Sold

New York State Alliance of MLSs (Buffalo) #R1574851

$145,000
Apr 11, 2025

Sold

WNYREIS #R1574851

$145,000
Jan 27, 2025

Sold (Public Record)

Public Record #1907061763

$145,000

+24.3% / yr

DateEvent & SourcePrice
04/11/2025

Sold

New York State Alliance of MLSs (Buffalo) #R1574851

$145,000
04/11/2025

Sold

WNYREIS #R1574851

$145,000
01/27/2025

Sold (Public Record)

Public Record #1907061763

$145,000

+24.3% / yr

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

Public Records for 871 Lake Avenue

Taxable ValueLand$6,500Additions$116,000Total$122,500
Tax Record2024$1,147 ($96 / month)
Home Facts
Baths2Total Finished SqFt1,872 SqFtAbove Grade Finished SqFt1,872 SqFtStories3Lot Size4,420 SqFtStyleDuplexYear Built1910Zoning14CountyMONROEAPN261400 090.83-1-18

Schools near 871 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.

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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 RE/MAX Realty Group

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.