1. New York
  2. Rochester
  3. 28 Portsmouth Terrace
$899,900

28 Portsmouth Terrace, Rochester, NY 14607

  • 7 beds |
  • 7 baths |
  • 6,880 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon 7 car garage
  • Property Price Per Square Feet Icon $131/sqft
  • Property List Date Icon Listed 19 days ago

Property Description

Exceptional 4/5-Unit Investment Opportunity in the Heart of the Artwalk District! Wedged between East Avenue and University, this property is walking distance to Park! This well-maintained multi-family home offers an unbeatable location backing up to the George Eastman Estate. Enjoy easy walking access to popular restaurants, cafes, galleries, museums, and boutique shopping. This property features four units as well as a caretaker’s studio with a strong rental history (it has always been fully occupied). The spacious 3-bedroom owner's unit, with an updated custom bathroom and all new appliances, is intentionally left vacant to allow for a perfect owner-occupancy or premium rent potential. Investors will appreciate the 6.85% cap rate, making this a rare find in such a desirable location. Additional highlights include seven off-street parking spaces, ample on-street parking, in-building laundry for tenant convenience, spacious front porch for common enjoyment, and, 1 & ½ lots which potentially may allow for a new carriage house. Certificate of Occupancy provided. Don't miss this turnkey opportunity to own a prime piece of real estate. Roof: 2008, Furnace: 2010, Hot Water Tank: 2015 & 2015, Electrical Service: 200 AMPS. Delayed Showings until 7/11 at 5 pm. Group showings only during the following times: Friday 7/11 5-6 PM, Saturday 7/12 11 am-12 pm, Tuesday 7/15 5-6 PM

Listing Status:
Active
Date Added:
July 9, 2025 at 05:00AM
Listing Office:
RE/MAX Realty Group : 585-248-0250
Listing Agent:
Stephen Cass : 585-755-7289
MLS ID:
R1619899
  • General: AtticCeiling Fan(s)StorageNatural WoodworkProgrammable Thermostat
  • Appliances: Gas Water Heater
  • Laundry: Common Area
  • Basement: Full
  • Flooring: CarpetHardwoodTileVaries
  • Heating: GasForced Air
  • Fireplace: FireplaceFireplaces: 2
  • Eco/Green Feature: Appliances

This listing courtesy of Stephen Cass, RE/MAX Realty Group

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

School 23-Francis Parker

170 Barrington St, Rochester, NY, 14607

Grades PK-6

0.46 miles away

S

School of the Arts

45 Prince St, Rochester, NY, 14607

Grades 7-12

0.58 miles away

S

School of the Arts

45 Prince St, Rochester, NY, 14607

Grades 7-12

0.58 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.