1. New York
  2. Rochester
  3. 500 1/2 Lyell Avenue
$229,000

500 1/2 Lyell Avenue, Rochester, NY 14606

  • 6 beds |
  • 4 baths |
  • 3,732 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon5,719sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $61/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Investor Alert! Welcome to this fully vacant 4-unit building, offering a clean slate and strong rental potential right from the start! Each unit features 2 bedrooms and 1 full bathroom, with a layout that suits a wide range of tenants. Units 1, 2, and 4 have been thoughtfully updated throughout, showcasing durable LVP flooring, fresh finishes, and modern fixtures. These units also come equipped with a stove/oven and refrigerator, making them fully move-in ready. A blacktop parking area at the rear of the building provides convenient off-street parking—an added bonus for tenants and a desirable amenity that enhances overall appeal. And with all four units currently vacant, you have full control over tenant selection and rental strategy from day one. Each unit has the potential to generate $800–$1,000/month in rent, offering a projected gross monthly income of $3,200–$4,000. Whether you're a seasoned investor or just getting started, this is a rare chance to secure an income-producing asset with the potential for immediate cash flow!

Listing Status:
Pending
Date Added:
May 7, 2025 at 05:00AM
Listing Office:
Elysian Homes by Mark Siwiec and Associates : 585-330-8750
Listing Agent:
Jeremy V. Havens : 585-507-9325
MLS ID:
R1602684

This listing courtesy of Jeremy V. Havens, Elysian Homes by Mark Siwiec and Associates

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

S

School 54-Flower City Community School

36 Otis St, Rochester, NY, 14606

Grades PK-6

0.33 miles away

S

School 17-Enrico Fermi

158 Orchard St Ste 2, Rochester, NY, 14611

Grades PK-8

0.62 miles away

R

Rochester Early College International High School

200 Genesee St, Rochester, NY, 14611

Grades 9-12

1.43 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.

Similar Listing

50 Saratoga Avenue, Rochester, NY 14608
Multi-Family Home For Sale

$249,900

  • 7 bed |
  • 4 bath |
  • 3,772 sqft |
  • 2,178 sqft lot
50 Saratoga Avenue Rochester, NY 14608

#R1620568 - Coldwell Banker Custom Realty