1030 Winton RdRochester, NY 14609
- Investment properties
- 5,884 SF
Property Details for 1030 Winton Rd
- Year built
- 1920
- Lot size
- 0.18 AC
- Property size (Sq ft)
- 5,884 SF
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 261400 107.67-1-1
- APU
- 2614001076711
Description
This exceptional Rochester, NY investment opportunity presents a unique blend of residential and commercial income streams. Situated on a 0.18-acre lot at 1030 N Winton Rd, this 8,819 square foot property offers four fully rented second-floor apartments, generating immediate rental income. Each apartment boasts separate utilities, simplifying management and tenant billing. The ground floor features three street-level retail storefronts, providing flexibility for a new owner. These spaces can be leased individually to maximize rental income or combined to accommodate a larger tenant, catering to diverse business needs and maximizing potential revenue. The property also includes four dedicated tenant parking spaces, a significant advantage in a potentially parking-constrained area. Further enhancing its appeal, additional off-street parking is available for both residential and commercial tenants and customers, ensuring ample parking for all. This property is priced at $529,900 and represents a compelling investment opportunity for those seeking a diversified income portfolio with strong cash flow potential. The combination of residential and commercial units provides a balanced and resilient investment strategy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $950,167
- 6.5%
- $877,078
- 7%
- $814,429
-
Comparable approach
- Method
- Valuation
- Relative Method
- $537,552
- Geo Method
- $688,840
-
Alternative Use
- Use
- Valuation
- Residential
- $1,087,576
- Hospitality
- $996,214
- Educational
- $828,838
- Medical
- $857,343
- Retail
- $1,289,304
Location Insight
- City
- Rochester
- County
- Monroe
- State
- New York
- Latitude
- 43.1654
- Longitude
- -77.5442
- CBSA code
- 40380
- CBSA name
- ROCHESTER, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- 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.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].