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$149,000   Price Analysis
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470 Ridgeway Ave
Rochester, NY 14615
6 bed 4 bath 4,140 SqFt ($35/SqFt)
3,920SqFt lot. Built 1920
Listed 2024-05-28, Taxes $2,081
Ⓧ USDA Ineligible
due to location

near Rochester

Another Rockin' Rochester Investment Opportunity!

* Sale Pending *

3 of the 4 units curren tly tenant occupied. Vacant unit is ready for you to turn it into a brand new rent unit (Was previously rented for $750, below market rent, could be more!).

Tenants are all month-to-month. Current GAI is $23, 400 and that's with one vacant unit. Current C of O expires in 10/1/2024. Property being sold in as-is condition. Lots of potentil to make this a tremendous property in your portfolio. No delayed negotiations!


Presented by Marissa DelVecchio at
RE/MAX Realty Group.
Listing Agent Photo

Property MLS #R1540546 from NYStateAlliance

Bedrooms: 6

Total Bathrooms: 4
Full Bathrooms: 4

GasWaterHeater

Heating Features: Gas, ForcedAir
Heating: Yes

Flooring: Carpet, Laminate, Varies

Basement Description: Full

Lot Description: NearPublicTransit, Rectangular, ResidentialLot
Lot Size Acres: 0.0899908
Lot Size Dimensions: 40X100
Lot Size Square Feet: 3920

Road Frontage Type: CityStreet, MainThoroughfare

Garage Description: OffSite
Parking Features: OffSite

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School District: Rochester
High School District: Rochester
Middle or Junior School District: Rochester

Rise Community School is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

Aquinas Institute is a private middle and high school located approximately 0.5 miles away.
directions icon Map directions

University Preparatory Charter School For Young Men is a public middle and high school located approximately 0.6 miles away.
directions icon Map directions

Number of Units In Community: 4
Number of Units: 4

Gross Income: 23400
Rent Includes: TrashCollection, Water

Annual Tax Amount: 8014
Source Listing Status: Pending
County: Monroe
Cross Street: Dewey
Directions: Corner of Summit Grove and Ridgeway, located a block from Dewey Ave light.
Source Property Type: Residential
Area: Rochester City-261400
Source Neighborhood: Summit Grove
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 4
Owner Pays: TrashCollection, Water
Parcel Number: 261400-090-410-0003-049-000-0000
Postal City: Rochester
Subdivision: Summit Grove
Property Subtype: MultiFamily
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$122,000 + $18,000
$140,000
$2,081
2022$122,000 + $18,000
$140,000
$2,093
2021$122,000 + $18,000
$140,000
$2,437
2020$78,000 + $18,000
$96,000
$1,522
2017$78,000 + $18,000
$96,000
$1,796
2016$78,000 + $18,000
$96,000
$1,656
2015$78,000 + $18,000
$96,000
$1,672
2014$70,000 + $18,000
$88,000
$1,362
2014$70,000 + $18,000
$88,000
$1,880
2013$70,000 + $18,000
$88,000
$1,422
2012$70,000 + $18,000
$88,000
$1,614
2011$70,000 + $18,000
$88,000
$2,477
2010$70,000 + $18,000
$88,000
$5,786

Listed 2024-05-28
$149,000
NYStateAlliance
Sold 2019-05-28
$145,000
Rochester
Price Changed 2019-02-04
$159,900
Rochester
Listed 2018-12-05
$169,900
Rochester
Listing removed 2017-01-06
$125,000
Rochester
Listed 2015-12-21
$125,000
Rochester
Listing removed 2015-06-01
$108,000
Rochester
Relisted 2014-06-30
$108,000
Rochester
Listing removed 2014-05-23
$108,000
Rochester
Listed 2014-05-17
$108,000
Rochester
Listing removed 2013-08-31
$95,000
Rochester
Listed 2012-08-28
$95,000
Rochester

Total Square Feet Living: 4140
Year Built: 1920
Building Area Source: PublicRecords
Building Area Total: 4140
Construction Materials: VinylSiding
Foundation Details: Block
Property Age: 104
Property Condition: Resale
Roof: Asphalt
Building Total Stories: 2
Year Built Details: Existing
Architectural Style: Fourplex

Electric: CircuitBreakers
Sewer: Connected
CableAvailable
SewerConnected
WaterConnected
Water Source: Connected, Public
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.