CCertihomes
512 Lyell Avenue, Rochester, NY 14606

$329,900

0 beds 0 baths 5,646 sqft Built 1910126 days on marketActive

About this home

Once in a lifetime opportunity! 5, 500+ SF brick building consisting of 4 apartments and a commercial space the first floor was previously used as a fully operational laundromat. Building is in excellent condition with many functional upgrades such as newer electric service and newer tank-less hot water heaters, making the utility costs surprisingly low for the potential investor. 4 apartments consist of 3 - 1 bedroom units RENT $700 and 1 - 2 bedroom unit RENT $900.STUDIO RENT $650 New C of O from 2023. You wont find a better opportunity to own a true CASH COW! BUILDING TOTAL MONTHLY RENT $4650 AND BILLBOARD BRINGS $1500 A YEAR

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$4,604/mo

Real estate (PITI + HOA + PMI)
$3,111
Principal + interest$2,117
Property tax + insurance$870
PMI / 2nd mortgage$124
Utilities
$3,041
Heating + cooling$1,366
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$143
$4,604/mo TLC
Budget$5,104/mo
Remaining after TLC$500/mo
Purchase price
$329,900
Down payment
$16,495 (5%)
Loan amount
$313,405
APR
7.15%

Quick facts

Type
Apartment
Style
Year built
1910
Lot size
0.1506 ac
Stories
2
Heating
Gas, HotWater
Cooling
Water
Public
HOA
Annual tax
$4,044
MLS #
R1592836
County
Monroe

Home features

Parking
OffSite
Roof
Asphalt, Flat
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

Schools

Elementary
Theodore Roosevelt #43
Middle
Other - See Remarks
High
Edison Educational Campus

Neighborhood — 14606

MetricThis ZIPCountyUSA
Population27,46419,351,094299,088,112
Population Change Since1990-3.00%8.00%20.00%
Population Density2,618395
Male13,1419,381,926147,432,321
Female14,3239,969,168151,655,844
Never Married6,8234,946,39163,775,926
Married9,4767,166,701123,120,365
Separated1,2501,159,67312,639,686
Widowed1,5611,110,24515,467,586
Divorced2,3991,210,44823,075,029
Number Of House Hold10,6387,102,016111,826,380
Average House Hold Size2.572.642.60
Medial Age35.3036.5335.46
Median House Hold Income$39,988$49,847$48,276
Average House Hold Income$45,572$70,032$63,629
P C I$17,728$26,569$24,529
M D I$34,893$42,210$41,133
A T H E$41,094$54,185$50,898
S T R8.00%4.00%
W C J71.99%81.55%77.74%
(Zip) Code
14606

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 3/14/2025. Provided courtesy of Century 21 Turner Brokers via Buffalo MLS. Information deemed reliable but not guaranteed.