590 Titus AveRochester, NY 14617

  • Mixed-use properties
  • 2,171 SF
For Sale
$395,000 View listing

Property Details for 590 Titus Ave

Year built
1894
Lot size
0.34 AC
Property size (Sq ft)
2,171 SF
Zone code
07 - MIXED
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
263400 076.14-4-56
APU
26340007614456

Description

This exceptional mixed-use property at 590 Titus Ave, Rochester, NY 14617, presents a unique investment opportunity or live-work solution. Spanning 2,941 square feet on a 0.34-acre lot, this well-maintained building currently functions as office space, perfectly suited for professional services like legal or financial firms. The adaptable layout allows for seamless conversion back to residential use, creating a desirable live/work environment. Its prime location in Monroe County offers easy access to Rochester's amenities and transportation networks. The asking price is $395,000. The property's versatility makes it an attractive option for a variety of uses, catering to both business and residential needs. Its current configuration as office space is complemented by the potential for residential conversion, offering flexibility for the discerning buyer. The substantial square footage and generous lot size provide ample space for expansion or customization. This property represents a compelling investment in a thriving Rochester neighborhood. Serious inquiries are encouraged to explore this exciting opportunity further. The property is classified as both Creative and Traditional Office space. Broker co-op is available.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $350,580
    6.5%
    $323,612
    7%
    $300,497
  • Comparable approach

    Method
    Valuation
    Relative Method
    $198,339
    Geo Method
    $254,074
  • Alternative Use

    Use
    Valuation
    Residential
    $401,279
    Hospitality
    $367,570
    Educational
    $305,814
    Medical
    $316,331
    Retail
    $475,710
590 Titus Ave, Rochester, New York

Location Insight

City
Rochester
County
Monroe
State
New York
Latitude
43.211
Longitude
-77.6009
CBSA code
40380
CBSA name
ROCHESTER, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
-
$78,900
$211,100
$290,000
-
$78,900
$211,100
$290,000

FAQs

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