Active Open Sunday 08/02 11:30 AM-1 PM

773 & 777 Meigs Street

Rochester, NY 14620
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$649,000 $2,736/Mo
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Bed 6

Bed

Bath 4

Bath

SqFt3,338

Sqft

Acres0.08

Acre(Lot)

RARE OPPORTUNITY TO OWN 2 PROVEN NOI/ROI WINNERS IN THE HIGHLY RENTER-DESIRED SOUTH WEDGE! WITH A 7.1% CAP RATE AND AMAZING 9.6% DEBT YIELD (ASSUM. 80/20), IT’S A NO-BRAINER FOR FIRST TIME INVESTORS AND THE EXPERTS!!!!! AMAZING OPPORTUNITY FOR OWNER-OCCUPANT PLUS RENTER, TOO! SISTER PROPERTIES RIGHT NEXT DOOR TO EACH OTHER, FOR EASE OF MANAGEMENT AND MAINTENANCE! EACH HOUSE HAS A 2/1 AND A 1/1, WITH OFF STREET PARKING AND PRIVATE ENTRANCES! 773: DESIGNERS DREAM W/CHARMING FRONT PORCH AND 2ND STORY DECK- GORGEOUS FULL INTERIOR RENOVATIONS TOTALING OVER $75,000 IN BOTH APARTMENTS, RESTORED HARDWOODS, EAT IN KITCHENS, FAMILY ROOMS, BATHS, BEDROOMS! NEW A/C AND FULL EXTERIOR SIDING AND 2014 TEAR OFF ROOF! ALL FURNITURE/DÉCOR REMAINS! EXISTING MGT CO. CAN REMAIN IN SERVICE TO NEW O WNER. CURRENTLY OPERATING AS A SHORT-TERM RENTAL, COULD BE LONGER. UPPER IS 2 BEDROOM/1 BATH W/PRIVATE 2ND STORY DECK. LOWER IS 1 BEDROOM/1 BATH W/PRIVATE PORCH. 777: 12-MONTH RENTAL "WORK HORSE" WITH 0% VACANCY OVER LAST FIVE YEARS!! – ORIGINAL HARDWOODS, FULL KITCHENS, BATHS, WASHERS AND DRYERS IN EACH, W/ BASEMENT STORAGE. BOTH UPPER AND LOWER UNITS ARE RENTED: LOWER MTM WITH 2-YEAR TENANCY, UPPER 12-MONTH LEASE ENDS AUGUST, MAY RENEW. ADDITIONAL CAPITAL IMPROVEMENTS INCLUDE: HOT WATER TANKS, NEW ROOFS 2014, NEW WINDOWS 2012, AIR COND. 2019, GUTTERS 2019!! SEE ATTACHMENTS FOR INDIVIDUAL NOI AND EXPENSES, AND MORE DETAILED INFORMATION ON ALL. THESE PROPERTIES ARE LOCATED IN A CHARMING NEIGHBORHOOD WITHIN THE HISTORIC SOUTH WEDGE AREA, A VIBRANT CITY COMMUNITY WHERE YOU &/OR YOUR TENANTS ARE WITHIN WALKING DISTANCE TO ARTISAN FOOD/BAKE SHOPS, ECLECTIC RESTAURANTS, CAFES, AND BARS, THE GENESEE (RIVER) GATEWAY PARK, HIGHLAND PARK AND IT’S ANNUAL LILAC FESTIVAL. PLENTIFUL DEMAND FROM RENTERS WORKING OR LEARNING AT THE UNIV. OF ROCH, RIT, URMC, HIGHLAND HOSPITAL, THE CITY, AND BEYOND. SQUARE FOOTAGE DIFFERENCE IS THE TOTAL SQFT OF BOTH 773(1,652) & 777(1,686) COMBINED. TAX TOTALS ARE ALSO COMBINED. 773 MEIGS IS $9,111 TOTAL & 777 MEIGS IS $10,008 TOTAL. DELAYED NEGOTIATIONS UNTIL WEDNESDAY 8/5 @ 12:00PM.

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Detail Ic Property Details

Property Type : Residential

Price : $649,000

AD Id : 88470752

MLS Id : R1701534

Beds : 6

Lot Size : 0.08 Acre

Living Area Size : 3,338

Year Built : 1900

County : Monroe

Subdivision: Coldridge Forest

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  • 08/02 11:30 AM-1 PM
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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Total Baths: 4 Full Baths: 4

    Room Information

    Has Basement: Yes Basement: Full

  • Flooring Information

    Ceramic Tile, Hardwood, Varies

  • Roofing Information

    Asphalt, Shingle

  • Interior Features

    Ceiling Fan(s), Cathedral Ceiling(s) Roof: Asphalt, Shingle Appliances: Gas Water Heater, Water Heater Window Features: Insulated Windows

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air, Hot Water, Natural Gas Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air

  • Building Information

    Year Built: 1900 Building Area Total: 3338 Patio And Porch Features: Deck Private Pool: No

  • Exterior Features

    Exterior Features: Balcony

  • Lot Information

    Lot Dimensions: 33X100 Main Square Feet: 0.08 Acres Lot Size Acres: 0.08 Lot Size Square Feet: 3300 Lot Description: Rectangular Lot

    Property Information

    Subdivision: J W Etts Source Property Type: Residential Zoning Description: Residential Multi Use Property SubType: Multi Family Property Age: 126

  • Listing Price Information

    Listing Price: $649000 Cash, Conventional

  • Tax Information

    Parcel Number: 261400-121-730-0001-060-000-0000 Tax Lot: 60 Annual Tax: $19119

  • Parking Information

    Common, Paved

  • Utility Information

    Cable Available, Electricity Connected, Sewer Connected, Water Connected

  • Location Information

    WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 07/31/2026 @ 06:53

MLS: R1701534 LISTED BY: Hollis Creek, Howard Hanna 585-473-1320 SOURCE: Upstate New York Real Estate Information Services (UNYREIS)

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