1. New York
  2. Rochester
  3. 58 Nellis Park
$929,000/mo

58 Nellis Park, Rochester, NY 14608

  • 1,250 sqft
  • Property Icon Rental
  • Property Year Built Icon Built in 1920
  • Property Lot Size Icon4,443sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $743/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Investment Opportunity – Stabilized 6-Home Portfolio 58 Nellis Park is being offered exclusively as part of a portfolio package that includes the following five additional properties: 57 Nellis Park 63 Nellis Park 70 Nellis Park 74 Nellis Park 79 Nellis Park This rare offering presents a fully stabilized portfolio of six single-family homes—all conveniently located on the same street—making for a streamlined and efficient management opportunity. Financial documents are available upon request, including rent roll, pro forma, capital expenditures summary, and a full bedroom/bathroom matrix. Highlights of recent capital improvements include: -New furnaces and water heaters installed in 2024 (including some tankless systems) -Updated roofing -Renovated kitchens The seller is pricing the portfolio at $161,000 per home, offering an attractive 9.5% cap rate. This listing is also marketed as a commercial investment under MLS #B1609904.

Listing Status:
Active
Date Added:
May 27, 2025 at 05:00AM
Listing Office:
HUNT Real Estate Corporation : 716-883-2200
Listing Agent:
Mathew Rebera : 607-342-7209
MLS ID:
B1609992
  • Basement: Full
  • A/C: OtherSee RemarksCentral Air
  • Heating: OtherSee RemarksForced Air
  • Fireplace: Fireplaces: 0

This listing courtesy of Mathew Rebera, HUNT Real Estate Corporation

Location

Schools Nearby

S

School 19-Dr Charles T Lunsford

465 Seward St, Rochester, NY, 14608

Grades PK-8

0.05 miles away

S

School 19-Dr Charles T Lunsford

465 Seward St, Rochester, NY, 14608

Grades PK-8

0.05 miles away

J

Joseph C Wilson Magnet High School

501 Genesee St, Rochester, NY, 14611

Grades 9-12

0.49 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.