53 Hoeltzer Street, Rochester, NY 14605

Pending

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Property Description

Excellent opportunity to own a 4-unit multifamily property with strong income potential. The upper two units are tenant-occupied, each paying $1,000 per month, providing immediate cash flow. The lower two units have been completely renovated and are move-in ready, with projected rents of approximately $1,100 per unit. Recent improvements include freshly painted interiors, updated kitchen cabinets, new flooring, and numerous additional upgrades throughout the lower units. The front porch has been painted and properly addressed, with R.O.W. and permits on file. The property features two brand-new furnaces installed in 2024, a third unit with a newer furnace, and one unit with an older furnace. One hot water tank was installed in February 2024, and the roof is approximately 5 years old. The Certificate of Occupancy (C of O) is currently in process, and the seller will provide a brand-new CofO upon completion. This property is a strong addition to any investor's portfolio, offering both immediate income from existing tenants and upside potential with newly renovated units. A great opportunity to add a solid asset for long-term cash flow heading into 2026 and beyond. Showings: January 8th from 12:00 PM - 1:00 PM (registration required) Delayed negotiations: January 16th at 6:00 PM

53 Hoeltzer Street | MLS# R1656546

This multi-family property located at 53 Hoeltzer Street, Rochester, NY 14605 is currently listed for sale with an asking price of $229,000. Hoeltzer Street is located within the Rochester school district. Search Rochester real estate on www.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Fenced: Yes
Heating: Gas, Forced Air
Home Style: Fourplex
Lot Size: 0.06 Acres
Roof Type: Asphalt, Shingle
Stories: 2.0
Taxes: $3,768
Year Built: 1910

Amenities

Fully Fenced

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 57
Exterior: Vinyl Siding
Fencing: Full
Flooring: Laminate, Luxury Vinyl, Varies
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 40X66
Parcel#: 261400-106-390-0002-025-000-0000
Parking: No Driveway, On Street
Parking Notes: No Driveway, On Street
Sewer: Connected
Units: 4
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Rochester

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Estimated Payment

$ 890.45 per month $509.65 Principal & Interest $314.00 Property Tax $66.79 Homeowner's Insurance

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty Greater Rochester
Agency Contact: 585-362-8569

Shown By

Agency Title: Timberland Properties
Agency Phone: 845-586-3321

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