395 University Avenue

Rochester, NY 14607

$530,000
Price
5
Beds
4
Baths
1
1/2 Bath
2,817 Sq. Ft.
$188 / Sq. Ft.
2,817
Sq. Ft.
$188
per Sq. Ft.

Description

Assumable fha mortgage at 3.5%! Completely renovated property with high end finishes, this three unit in the heart of the Neighborhood of the Arts is what you have been looking for! Would make an excellent owner occupied property or a great addition to your investment portfolio. Separate utilities for each unit, off street parking, in unit laundry with washer/dryer combo included. 3 Bed 2.5 bath unit currently rented for $1900 a month. Has two 1 bed 1 bath units, one owner occupied the other rented...Assumable fha mortgage at 3.5%! Completely renovated property with high end finishes, this three unit in the heart of the Neighborhood of the Arts is what you have been looking for! Would make an excellent owner occupied property or a great addition to your investment portfolio. Separate utilities for each unit, off street parking, in unit laundry with washer/dryer combo included. 3 Bed 2.5 bath unit currently rented for $1900 a month. Has two 1 bed 1 bath units, one owner occupied the other rented for $900 a month. Rent potential of over $44,000 a year! Certificate of occupancy is negotiable.
  1. Listed by Peter Schick • Colleen M. Burke
    P: 585-261-0954 C: 585-270-0952 schickp1@gmail.com

Property Details for 395 University Avenue

Subdivision Comm Complex
C M Laidlaw Resub
On Waterfront
No
Parking Description
Paved, Twoor More Spaces
Nearest Cross Street
Alexander

Location

Listing Courtesy of Colleen M. Burke
Add your commute
LISTING UPDATED: 03/07/2024 11:09 AM

Property Details for 395 University Avenue

StatusActive
MLS #R1520963
Days on Market75
Taxes$8,482 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Residential
Year Built1930
Lot Size0.13 AC / 5,463 SF
CountyMonroe County

Location

Listing Courtesy of Colleen M. Burke
Add your commute

Building Information for 395 University Avenue

Stories2Residences3Year Built1930Building Size-Lot Size0.13 AC / 5,463 SF

Payment Calculator

$3,599 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,892

Property Taxes

$707

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 395 University 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: Yes
Parking
  • Garage Spaces per Apt: .00
Taxes and HOA Information
  • Area NYSWIS Code: Rochester City-261400
  • Tax Annual Amount: $8,482.00
Property
Lot Information
  • Building Area Source: Public Records
  • Building Area Total: 2817.0
  • Land Features: Other, See Remarks
  • Num Of Acres: 0.1254
  • Lot Size Area: 0.1254
  • Lot Size Square Feet: 5463.0
  • Lot Size Units: Acres
  • Parcel Number: 261400-106-820-0002-032-000-0000
  • Lot Number: 32
Property and Assessments
  • Property Condition: Resale
  • Assessed Value: $253,500
  • Year Built: 1930
  • Year Built Description: Existing
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 3
  • Num Of Gas Meters: 3
  • Sewer Description: Connected
  • Utilities Available: Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood Siding, Copper Plumbing
  • Foundation Description: Block
  • Roof Description: Asphalt
Interior Features
  • Appliances: Gas Water Heater
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 5
  • Num Fireplaces Total Calculated: 1
  • Fireplace YN: Yes
  • Floor Description: Hardwood, Resilient, Tile, Varies
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Interior Features: Ceiling Fans, Storage
  • Laundry Features: Washer Hookup
  • Sq Ft Total: 2817.0
  • Main Level Bathrooms: 0
Multi Family
Multi-Family Information
  • Net Operating Income: -$8,482.00
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Operating Expense Includes: Other, See Remarks
  • Stories Total: 2
Unit 1
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Dishwasher,Dryer,Oven/ Range,Refrigerator,Washer,Microwave,Den/Family Room,Dining Area With Living Room
  • Unit Type Total Rent: $900.00
  • Unit Type Lease Expires: 05-31-2024
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 900
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Features: Dishwasher,Dryer,Oven/ Range,Refrigerator,Washer,Microwave,Den/Family Room
  • Unit Type Total Rent: $.00
  • Unit Type Num Full Baths: 1
  • Unit Type Num Half Baths: 0
  • Unit Type Actual Rent Range: 0
Unit 3
  • Unit Type Actual Rent: $1,900.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Features: Dishwasher,Dryer,Oven/ Range,Refrigerator,Washer,Microwave,Den/Family Room,Dining Area With Kitchen,Other - See Remarks,Porch
  • Unit Type Total Rent: $1,900.00
  • Unit Type Lease Expires: 07-31-2024
  • Unit Type Num Full Baths: 2
  • Unit Type Num Half Baths: 1
  • Unit Type Actual Rent Range: 1900
Rental
Rental Information
  • Rent Includes: Common Area Maintenance, Gardener, Snow Removal, Trash Collection, Water
  • Lease Amount Per Area Unit: Dollars Per Square Foot

Property History for 395 University Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 395 University Avenue

Taxable ValueLand$7,800Additions$245,700Total$253,500
Home Facts
Baths4.5Total Finished SqFt2,817 SqFtAbove Grade Finished SqFt2,817 SqFtStories3Lot Size5,460 SqFtStyleTriplexYear Built1930Zoning14CountyMONROEAPN261400 106.82-2-32Fireplace TypeHas Fireplace

Schools near 395 University Avenue

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 8
Public - 7 to 12
Public - PK to 6
Rating
School
Distance
School 16 John Walton Spencer
PublicPK to 6

Anna Murray-Douglass Academy
PublicPK to 8

School Of The Arts
Public7 to 12

School 23 Francis Parker
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

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395 University Avenue is a multi-family home for sale in Rochester, NY 14607. This property was listed for sale on February 14, 2024 by Colleen M. Burke, it's currently listed at $530,000. It has been on the market for a total of 75 days and was last sold on January 7, 2020. This listing's school district is Rochester City School District. Nearby schools include School 16 John Walton Spencer, Anna Murray-Douglass Academy and School Of The Arts. 395 University Avenue is a 5-bed, 4.5-bath, 2,817 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Colleen M. Burke

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.