500 1/2 Lyell Avenue, Rochester, NY 14606
Local realty services provided by:HUNT Real Estate ERA
500 1/2 Lyell Avenue,Rochester, NY 14606
$229,000
- 6 Beds
- 4 Baths
- 3,732 sq. ft.
- Multi-family
- Pending
Listed by:jeremy v. havens
Office:elysian homes by mark siwiec and associates
MLS#:R1602684
Source:NY_GENRIS
Price summary
- Price:$229,000
- Price per sq. ft.:$61.36
About this home
Investor Alert! Welcome to this fully vacant 4-unit building, offering a clean slate and strong rental potential right from the start! Each unit features 2 bedrooms and 1 full bathroom, with a layout that suits a wide range of tenants.
Units 1, 2, and 4 have been thoughtfully updated throughout, showcasing durable LVP flooring, fresh finishes, and modern fixtures. These units also come equipped with a stove/oven and refrigerator, making them fully move-in ready.
A blacktop parking area at the rear of the building provides convenient off-street parking—an added bonus for tenants and a desirable amenity that enhances overall appeal. And with all four units currently vacant, you have full control over tenant selection and rental strategy from day one.
Each unit has the potential to generate $800–$1,000/month in rent, offering a projected gross monthly income of $3,200–$4,000. Whether you're a seasoned investor or just getting started, this is a rare chance to secure an income-producing asset with the potential for immediate cash flow!
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Home facts
- Year built:1900
- Listing ID #:R1602684
- Added:141 day(s) ago
- Updated:September 07, 2025 at 07:20 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Living area:3,732 sq. ft.
Heating and cooling
- Heating:Baseboard, Electric
Structure and exterior
- Year built:1900
- Building area:3,732 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$229,000
- Price per sq. ft.:$61.36
- Tax amount:$6,433
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