961 Arnett Blvd

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961 Arnett Blvd

Rochester, NY 14619
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building located in the Rochester 19th Ward
  • Current configuration includes two individual vacant residential units
  • Property features separate utility metering for both units
  • Acquisition price reflects a valuation of 74950 dollars per unit
  • Located in an established neighborhood within the Rochester market

What's Special

Investors seeking value-add opportunities may consider this multifamily apartment building located on Arnett Boulevard in the 19th Ward of Rochester. Situated within a historic residential neighborhood, the property consists of two units that are currently vacant, providing an immediate opportunity for renovation or tenant placement. The building features separate utilities, which assists in streamlining operational costs and utility management for future ownership. As Rochester continues to serve as a key economic hub in Upstate New York, properties in established neighborhoods like the 19th Ward remain consistent options for those looking to expand their residential portfolios. This asset is well-positioned for an investor or operator aiming to stabilize the income stream through strategic leasing or interior improvements. The structure is adaptable for various residential rental configurations depending on the local demand within the surrounding community.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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