2341 Monroe Avenue, Rochester, NY 14618
sale
$699,900
|
Apartment
Courtesy Of Keller Williams Realty Gateway
Outstanding income-producing opportunity in this well-maintained four-unit mixed-use building located in the heart of Brighton on highly traveled Monroe Avenue. The front portion of the property is occupied by a successful, established cafe that benefits from excellent street visibility and steady foot traffic, creating a strong commercial anchor for the building. The rear lower level features a spacious three-bedroom residential unit with long-term tenants in place, offering consistent rental income and stability. Upstairs, the property includes two additional one-bedroom apartments, both well laid out and occupied by long-term tenants, further enhancing the property's reliable cash flow. This property is ideal for investors seeking immediate returns, with all units currently generating income and minimal vacancy risk. The prime location provides convenient access to nearby shops, restaurants, universities, medical facilities, and major roadways, making it highly attractive to both residential and commercial tenants. With a strong tenant mix, proven income history, and a sought-after location, this is a rare opportunity to acquire a versatile investment property with upside potential in one of the area's most desirable corridors
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Property Features
- Age: Over 50 Years Old
- Building Units: 4
- Cooling System: Central Air
- Exterior Type: Brick
- Floor Covering: Vinyl
- Floor Covering: Linoleum
- Floor Covering: Carpet
- Floors: 2
- Heating System: Baseboard
- Heating System: Forced Air
- Heating System: Natural Gas
- MLSID: R1686809
- Parking Spaces: 7
- Roof Type: Shingle
- Rooms: Basement
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