For Sale
$225,000

22 Franklin Ct Rochester, NY 14614

0.38-acre lot, high income potential.

Overview

Added:
Dec 11, 2024
Days on market:
138
This 0.38-acre parcel located at 22 and 30 Franklin Court in Rochester, New York (zip code 14614), currently operates as an income-generating parking lot. Generating approximately $65,000 in annual income, this property presents a compelling investment opportunity. The triangular lot offers significant redevelopment potential, and its 0.38-acre size allows for expansion. The property's strategic location in Monroe County, New York, provides easy access to various amenities and transportation routes. The asking price for this versatile property is $225,000. The potential for expansion is noteworthy; combining this lot with adjacent properties could increase the total acreage to 0.52 acres, significantly enhancing its development possibilities. This makes it an attractive option for investors seeking a profitable venture with substantial growth potential. The current parking lot operation provides immediate cash flow, while the land's zoning and potential for redevelopment offer long-term value appreciation. Serious inquiries are encouraged.

Highlights

  • $225,000 asking price.
  • 0.38-acre land parcel in Rochester, NY.
  • Located at 22 and 30 Franklin Court, Rochester, NY 14614.
  • Currently operates as an income-producing parking lot generating approximately $65,000 annual income.
  • Potential for redevelopment, with the possibility of combining with adjacent properties to create a 0.52-acre site.

Property Details for 22 Franklin Ct

Property type
Land
Lot Size (sq. ft)
16,553 SF

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.153975
Longitude
-77.6120835

FAQs

What type of property is this?
Land - 0.38-acre lot, high income potential.
Where is the land located?
The property is located at 22 Franklin Ct Rochester, NY.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: $225,000 asking price.; 0.38-acre land parcel in Rochester, NY.; Located at 22 and 30 Franklin Court, Rochester, NY 14614.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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22 Franklin Ct
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