366 Alexander StreetRochester, NY, 14607

Well-maintained 7-unit investment property near East Avenue and Alexander! Towards University Ave on the South side of Alexander. The main building features 4-1 bdrm, 2 studio units, six basement storage rooms, coin-operated laundry, and eight parking spaces. A detached carriage house offers an additional two-bedroom unit. Gross annual income is $80688, with rents currently below market and several long-term tenants. Annual expenses are $24769, resulting in an 8.9% cap rate. The contractor-owner has extensively improved and consistently maintained the property since 2009. Showings are BY APPOINTMENT ONLY in two group showings. Saturday, September 12, from 11:00 AM–12:30 PM and Sunday, September 13, from 11:00 AM–12:30 PM. Delayed negotiations until Tuesday, September 15, at 1:00 PM.