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488 Meigs Street, Rochester, NY 14607

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For Sale

$529,900

4 beds • 4 baths • 4,437 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Single Family Attached
    Property type

  • $119.43
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Back on the Market, the deal died due to the buyer's financing. Welcome to this turn-key opportunity in a prime location! This opportunity includes over $50,000 in upgrades and furnishings! This four-family dwelling is a fantastic investment. It boasts four thoughtfully designed units and three fully furnished apartments with luxury modern and farmhouse finishes! This multi-family rental opportunity generates $6,400 monthly and has room to grow. Whether you invest traditionally or Airbnb/short-term, this property can accommodate either strategy seamlessly. The property has a new transferable C of O issued 10/22/2024 and expiring 10/22/2027. These three fully furnished units include all utilities. The fourth unfurnished unit comes with heat/hot water, and the tenant pays for electricity. All units have access to the on-site laundry facility, and the washer/dryer will start with the property. The well-maintained building offers residents a comfortable living experience. Each unit has been remodeled and designed to feature ample natural light, functional layouts, and modern amenities. The property's exterior showcases a blend of curb appeal and low-maintenance landscaping. Don't miss this opportunity to own a versatile and income-producing property in a desirable location.
MLS# R1568357

Courtesy Of North Star Real Estate of Rochester Inc.

(585) 328-7827

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock, Cable Ready
  • Architecture Style
    Other
  • Exterior Type
    Vinyl Siding
  • Floor Covering
    Hardwood, Laminate, Tile, Tile - Ceramic
  • Lot Size
    0.12 Acres
  • Roof Type
    Asphalt

Map and Directions

Directions to 488 Meigs Street, Rochester, NY 14607

Home seller CENTURY 21 Steve Davoli Real Estate

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Steve Davoli Real Estate

(315) 789-4569
Learn More About Us

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Monthly Payment Breakdown

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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2024 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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