769 Lake Ave Rochester, NY 14613
Property details
About 769 Lake Ave
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.
Highlights
(Pending)
Summary
- Appliances: Gas Water Heater, Other
- Basement: Yes
- Flooring Type: Other, See Remarks
- Total Bedroom Count: 10
- Parking: One Space, No Garage
- Exterior: See Remarks
- Heating: Natural Gas, Other
- Cooling: Other
- List Price: $429,900
- Price/SqFt: $61
- Annual Tax Amount: $9,378
- Tax Year: 2020
- Lot: Irregular Lot, Near Public Transit
- Directions: Lake Ave to Lexington
- Year Built: 1920
- Stories: 3
- Living Area: 7,022 SqFt
- Lot Size: 0.1759 Acres
- MLS Number: R1610493
- MLS Name: NYS
- Office Name: Rich Realty
- Office Phone: (585) 259-4050
- Office Email: mark@therichgroup.com
- Listing Agent: Mark J. Palazzo
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. 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 this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
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This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 5/30/2025, 11:20:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$429,900
769 Lake Ave
$5,105
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Dec 27, 2019 | Home Sold | $315,000 |
Aug 01, 2013 | Home Sold | $166,500 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $200,000 | $- |
2022 | $200,000 | $- |
2021 | $200,000 | $- |
2020 | $200,000 | $9,378 |
2019 | $167,000 | $4,015 |
2018 | $167,000 | $7,230 |
2017 | $167,000 | $3,078 |
History based on county public records data.
Nearby schools
1
Exploration Ele Charter School - Science-Technol
Public Charter KG-4
0.4 mi
•1001 Lake Ave
1
School 7-Virgil Grissom
Public District PK-6
0.5 mi
•31 Bryan St
4
School 34-Dr Louis a Cerulli
Public District PK-6
0.6 mi
•530 Lexington Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,679. Residents of Rochester, NY typically earn less than $<35k each year. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.
Frequently asked questions
About 769 Lake Ave
The listing price of 769 Lake Ave property is $429,900.
The property 769 Lake Ave is a house located in Rochester, New York, 14613.
Sale Pending: 769 Lake Ave is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 769 Lake Ave are: Exploration Ele Charter School - Science-Technol (GreatSchools Rating 1/10), School 7-Virgil Grissom (GreatSchools Rating 1/10), School 34-Dr Louis a Cerulli (GreatSchools Rating 4/10), Academy of Health Sciences Charter School (GreatSchools Rating 3/10), School 8-Roberto Clemente (GreatSchools Rating 2/10), School 5-John Williams (GreatSchools Rating 2/10), University Preparatory Charter School for Young Men (GreatSchools Rating 2/10), Young Women's College Preparatory Charter (GreatSchools Rating 4/10), Eugenio Maria de Hostos Charter School (GreatSchools Rating 3/10).
According to the records, the last property tax for 2020 is $9,378 (source: MLS/based on county public records data).
The last sale was on December 27, 2019 for $315,000 (source: MLS/tax record).
The property at 769 Lake Ave has 10 bedrooms and 0 bathroom.
The property 769 Lake Ave is 7,022 SqFt (source: MLS/tax record).
The year of construction for 769 Lake Ave is 1920.
This home is located at 769 Lake Ave in Rochester, NY and zip code 14613 in the Edgerton neighborhood. This 7,022 square foot home, which was built in 1920, sits on a 0.18 acre lot. Features: 10 bedrooms, 0 bathroom. It has been listed on Rocket Homes since May 28, 2025 and is currently priced at $429,900.
Over 215 listings were sold over their listed price in April 2025 in Rochester, NY. In the same period over 45 listings were sold below the listed price and 12 listings were sold for the listed price. In April 2025 in Rochester, NY there were 2.1% less homes for sale than in March. The median list price of listings available in April 2025 was $217,893, while the average time on the real estate market was 12 days.