Active Open Sunday 08/30 2 PM-3:30 PM

777 Meigs Street

Rochester, NY 14620
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Bed 3

Bed

Bath 2

Bath

SqFt1,686

Sqft

Acres0.08

Acre(Lot)

RARE OPPORTUNITY TO OWN PROVEN NOI/ROI WINNER IN THE HIGHLY RENTER-DENSE SOUTH WEDGE! WITH A *0% VACANCY RATE* FOR BOTH UNITS IN THE LAST 5 YEARS, AN 8.1% CAP RATE AND AMAZING 10% DEBT YIELD (ASSUMING 80/20 LTV), IT’S A NO-BRAINER FOR FIRST TIME INVESTORS AND THE EXPERTS!!!!! OPPORTUNITY FOR OWNER-OCCUPANT AS WELL! 2 BEDROOMS AND 1 BATH DOWNSTAIRS AND 1 BEDROOM, 1 BATH UPSTAIRS, OFF STREET PARKING, AND PRIVATE ENTRANCES FOR EACH APARTMENT! THIS PROPERTY IS A MONTH-TO-MONTH AND 12-MONTH LEASE WORK HORSE WITH TONS OF INFRASTRUCTURE UPGRADES COMPLETED! ORIGINAL HARDWOODS, FULL KITCHENS, BATHS, WASHERS AND DRYERS IN EACH, AND BASEMENT STORAGE. BOTH UPPER AND LOWER UNITS ARE RENTED: LOWER MONTH TO MONTH WITH 2 YEAR TENANCY, UPPER LEASE JUST RENEWED WITH INCREASE! ADDITIONAL CAPITAL IMPROVEMENTS INCLUDE: NEW ROOF 2014, NEW WINDOWS 2012, AIR CONDITIONING 2019, GUTTERS 2019!!! SEE ATTACHMENT FOR NOI AND EXPENSE BREAKDOWN. THIS PROPERTY IS 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 ITS ANNUAL LILAC FESTIVAL. PLENTIFUL DEMAND FROM RENTERS WORKING OR LEARNING AT THE UNIV. OF ROCHESTER, RIT, URMC, HIGHLAND HOSPITAL, THE CITY, AND BEYOND.

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Detail Ic Property Details

Property Type : Residential

Price : $199,000

AD Id : 90860295

MLS Id : R1709919

Beds : 3

Lot Size : 0.08 Acre

Living Area Size : 1,686

Year Built : 1900

County : Monroe

Subdivision: Pointe O Woods

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  • 08/30 2 PM-3:30 PM
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Feature Features

  • Bedroom Information

    Total beds: 3

    Bathroom Information

    Total Baths: 2 Full Baths: 2

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Ceramic Tile, Hardwood, Varies
  • Roofing Information

    Asphalt
  • Interior Features

    Ceiling Fan(s) Roof: Asphalt Appliances: Gas Water Heater, Water Heater Window Features: Insulated Windows
  • Heating & Cooling

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

  • Building Information

    Year Built: 1900 Building Area Total: 1686 Construction Materials: Wood Siding Private Pool: No

  • 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: Etts Source Property Type: Residential Zoning Description: Residential Multi Use Property SubType: Multi Family Property Age: 126

  • Listing Price Information

    Listing Price: $199000 Cash, Conventional

  • Tax Information

    Parcel Number: 261400-121-730-0001-061-000-0000 Tax Lot: 60 Annual Tax: $3950

  • Parking Information

    Common, Paved

  • Utility Information

    Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
74 Avondale Park, Rochester, NY, 14620 $364,900 4 2 2,178 2,178 SqFt
1062 S Clinton Avenue, Rochester, NY, 14620 $214,999 3 2 1,880 1,880 SqFt
1058 S Clinton Avenue, Rochester, NY, 14620 $214,999 3 2 1,202 1,202 SqFt
773 Meigs Street, Rochester, NY, 14620 $329,000 3 2 1,652 1,652 SqFt
809 South Avenue, Rochester, NY, 14620 $389,000 5 3 2,677 2,677 SqFt
27 Cypress Street, Rochester, NY, 14620 $349,000 4 2 1,624 1,624 SqFt
41 Crittenden Boulevard, Rochester, NY, 14620 $329,900 4 2 1,517 1,517 SqFt

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 08/30/2026 @ 16:30

MLS: R1709919 LISTED BY: Hollis Creek, Howard Hanna 585-473-1320 SOURCE: Upstate New York Real Estate Information Services (UNYREIS)

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