CCertihomes
769 Lake Avenue, Rochester, NY 14613

$429,000

10 beds 0 baths 7,022 sqft Built 192046 days on marketActive

About this home

Introducing 769 Lake Avenue, an investment opportunity in Rochester, NY. This charming 10-unit brick apartment building is all one-bedroom, one-bath apartments and a new boiler installed in 2023. With a total of 5, 286 square feet, this property presents a solid cash flow opportunity with all units currently leased to reliable tenants. The building's Certificate of Occupancy is valid until August 2026. Located in the bustling Edgerton neighborhood with a variety of amenities, this property offers a desirable rental income stream. The well-maintained units generate a total monthly rent of $6, 850. With a competitive price per square foot and a healthy Cap Rate, this investment promises a strong return. Benefit from the thriving rental market in Rochester, home to prestigious universities, prominent employers, and a diverse population. Don't miss out on this turnkey investment opportunity at 769 Lake Avenue. Rent Roll and Expense info available own request. Please allow 48 hours to schedule showings. Showings to be weekdays between 10am and 3pm. Proof of funds and proof of financing requested prior to scheduling showings.

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
$6,329/mo

Real estate (PITI + HOA + PMI)
$4,557
Principal + interest$2,753
Property tax + insurance$1,643
PMI / 2nd mortgage$161
Utilities
$3,673
Heating + cooling$1,682
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$143
$6,329/mo TLC
Budget$6,829/mo
Remaining after TLC$500/mo
Purchase price
$429,000
Down payment
$21,450 (5%)
Loan amount
$407,550
APR
7.15%

Quick facts

Type
Other
Style
Year built
1920
Lot size
0.1759 ac
Stories
3
Heating
Gas, Other, SeeRemarks
Cooling
Other, SeeRemarks
Water
Connected, Public
HOA
Annual tax
$11,569
MLS #
R1610493
County
Monroe

At a glance

Basement

Home features

Appliances
GasWaterHeaterSeeRemarks
Exterior
SeeRemarks
Community
OtherSeeRemarks
Parking
OneSpaceNoGarage
Flooring
Other, SeeRemarks
Roof
Other, SeeRemarks
Sewer
Connected

Lot features

IrregularLot, NearPublicTransit

Neighborhood — 14613

MetricThis ZIPCountyUSA
Population16,22319,351,094299,088,112
Population Change Since1990-5.00%8.00%20.00%
Population Density8,127395
Male7,8909,381,926147,432,321
Female8,3339,969,168151,655,844
Never Married5,1164,946,39163,775,926
Married3,9987,166,701123,120,365
Separated9331,159,67312,639,686
Widowed5461,110,24515,467,586
Divorced1,4981,210,44823,075,029
Number Of House Hold6,1807,102,016111,826,380
Average House Hold Size2.602.642.60
Medial Age29.7136.5335.46
Median House Hold Income$32,869$49,847$48,276
Average House Hold Income$44,806$70,032$63,629
P C I$17,162$26,569$24,529
M D I$29,190$42,210$41,133
A T H E$40,396$54,185$50,898
S T R8.00%4.00%
W C J74.82%81.55%77.74%
(Zip) Code
14613

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

Map & walkability

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Listing information last refreshed 5/28/2025. Provided courtesy of Rich Realty via Buffalo MLS. Information deemed reliable but not guaranteed.