#R1606495, Chet N Timsina, Listing Office: Howard Hanna
78 Ravine Ave Rochester, NY 14613
Property details
About 78 Ravine Ave
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.
Highlights
Summary
- Full Bathrooms: 2
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Carpet, Luxury Vinyl, Varies
- Total Bedroom Count: 6
- Parking: No Driveway
- Architectural Style: Duplex
- Heating: Natural Gas, Forced Air
- List Price: $135,000
- Price/SqFt: $67
- Lot: Near Public Transit, Rectangular Lot
- Directions: From Rt 104 go south on Lake Ave. Ravine will be the third street on the right past Lexington Ave.
- Year Built: 1920
- Living Area: 1,992 SqFt
- Lot Size: 0.06 Acres
- MLS Number: R1607925
- MLS Name: NYS
- Office Name: RE/MAX Realty Group
- Office Phone: (585) 719-3500
- Listing Agent: Colleen M. Bracci
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Last updated on: 5/20/2025, 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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$135,000
78 Ravine Ave
$1,603
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
1
Exploration Ele Charter School - Science-Technol
Public Charter KG-4
0.6 mi
•1001 Lake Ave
3
School 54-Flower City Community School
Public District PK-6
0.6 mi
•36 Otis St
1
School 7-Virgil Grissom
Public District PK-6
0.7 mi
•31 Bryan St
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. Typical income of Rochester, NY residents is less than $<35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 78 Ravine Ave in Rochester, NY and zip code 14613 in the Edgerton neighborhood. This 1,992 square foot home, which was built in 1920, sits on a 0.06 acre lot. Features: 6 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $135,000.
While more than 215 listings in Rochester, NY in April 2025 were sold above asking price, there were more than 12 listings sold at asking price, and more than 45 were sold below. In April 2025 in Rochester, NY there were 2.1% less homes for sale than in March. In April 2025, listings were on the market for 12 days. During the same period, the median list price in this real estate market was $217,893.