78 Ravine Avenue Rochester NY 14613 MLS #R1607925

Another Rockin’ Rochester Property! Owner Financed Opportunity! Owner will finance with 20% down, at 9%. Owner is NOT accepting all cash or bank financed offers- only Seller Financing. Terrific front/back duplex. Front unit has 4 bdrm, rear unit has 2 bdrm (1 up and one down). Seller is leaving both empty for you to place your own screened tenants. $33,480 projected gross income, 20% expenses, 5 % vacancy brings you a $25,445 net income, meaning a 19% cap rate! Brand new C of O obtained this year, and good until 1/12/2030! City of Rochester Building Blocks Rental Score of 100! Each apartment in tip top condition with fresh paint, updated kitchens and baths, new flooring. Roof is just 3 years old. Recent mechanics and thermopane windows. Nothing left to do on this one but collect money.