$199,000
Welcome to 33 Kenwood Avenue, a charming four-unit property located in Rochester’s desirable 19th Ward! Combining classic architectural character with strong income-producing potential, this property is an excellent opportunity for an investor or owner-occupant looking to add a well-positioned multifamily property to their portfolio.
Step inside and you’ll immediately appreciate the character and craftsmanship throughout, including a grand foyer with a beautiful staircase, stained glass windows, decorative fireplaces, high beamed ceilings, original pocket doors, and hardwood flooring. Vintage ceramic tile bathrooms add even more charm and distinction to the apartments.
The property features four separate apartments with separate utilities, providing flexibility and convenience for ownership and management. Current monthly rents are $725, $700, $675, and $900, for a total of $3,000 in monthly rental income, or $36,000 annually. Outside, the property offers a two-car garage, drive way parking, and ample off-street parking, valuable amenities for both owners and tenants.
Looking to expand your investment? The adjacent four-unit property at 45 Kenwood Avenue (R1705755) is also available for purchase and may be purchased as a package with the asking price of $404,000, offering the unique opportunity to acquire eight units side by side and significantly increase your rental portfolio.
With its historic character, spacious apartments, separate utilities, off-street parking, garage, and existing rental income, 33 Kenwood Avenue offers a great combination of charm and investment potential in the 19th Ward. Schedule your showing today and come see everything this property has to offer!
Tenant occupied and needs 48hr notice to show. Please give 24 hours for life of offer. Buyer to verify measurements and all property information.
5
Beds
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4
Baths
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R1705754
MLS
33 Kenwood Avenue, Rochester