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photo 0: 500 1/2 Lyell Avenue, Rochester NY 14606
photo 1 : 500 1/2 Lyell Avenue, Rochester NY 14606
photo 2 : 500 1/2 Lyell Avenue, Rochester NY 14606

Active Under Contract

500 1/2 Lyell Avenue, Rochester NY 14606

MLS# R1602684

$229,000

Price

6

Beds

4

Baths


3,732

Living Area (Sq.Ft.)

0.131

Lot Area (Acres)

Investor Alert! Welcome to this fully vacant 4-unit building, offering a clean slate and strong rental potential right from the start! Each unit features 2 bedrooms and 1 full bathroom, with a layout that suits a wide range of tenants. <br> <br>Units 1, 2, and 4 have been thoughtfully updated throughout, showcasing durable LVP flooring, fresh finishes, and modern fixtures. These units also come equipped with a stove/oven and refrigerator, making them fully move-in ready. <br> <br>A blacktop parking area at the rear of the building provides convenient off-street parking—an added bonus for tenants and a desirable amenity that enhances overall appeal. And with all four units currently vacant, you have full control over tenant selection and rental strategy from day one. <br> <br>Each unit has the potential to generate $800–$1,000/month in rent, offering a projected gross monthly income of $3,200–$4,000. Whether you're a seasoned investor or just getting started, this is a rare chance to secure an income-producing asset with the potential for immediate cash flow!

Status

Active Under Contract

Property Type

Residential

Property Sub Type

MultiFamily

Year Built

1900

Parcel Number

261400-105-650-0001-060-000-0000

Unit Number

--

Subdivision Name

Myrtle Hill Subn

Lot Features

Near Public Transit, Rectangular, Rectangular Lot

Levels

Two

Building Area Source

PublicRecords

Lot Size Dimensions

34X168

Stories

2

Bath Rooms Full

4

Property Condition

Resale

Elementary School District

Rochester

Middle Or Junior School District

Rochester

High School District

Rochester

Location

Listing Agent

Jeremy V. Havens

Listing Office

Elysian Homes by Mark Siwiec and Associates

Owner Name

--

Owner Phone

--

Possession

CloseOfEscrow

Special Listing Conditions

Standard

Listing Terms

Cash, Conventional, F H A, Va Loan

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2025-05-07

Owner Pays

Trash Collection, Water

Rent Includes

Trash Collection, Water

Fire Places Total

0

Flooring

Luxury Vinyl, Tile, Varies

Heating

true

Heating Features

Electric, Baseboard

Appliances

Gas Water Heater

Electric

Circuit Breakers

Garage

--

Garage Spaces

0

Water Source

Connected, Public

Sewer

Connected

Utilities

Sewer Connected, Water Connected

Parking Features

Paved, Parking Available

Basement

Full

Construction Materials

Brick, Copper Plumbing, Pex Plumbing

No schools found

Listed By

profile pic

585-507-9325

Jeremy@elysianhomesny.com

Elysian Homes by Mark Siwiec and Associates

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Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated 06/27/2025.

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