1,895,000

House for sale Rochester

Overview

SUMMARY: Discover an opportunity with this Rochester house for sale and available for 1,895,000. This could be your next ideal home or a smart investment. More details await.
A rare downtown Rochester assemblage totaling 2.11+/- acres across two contiguous parcels (7 Wallace Street and 9, 10, 12 Hoyt Court). The portfolio includes 5 structures with approximately 10,763 SF of mixed residential, office, and industrial space, generating approximately $132,000 in gross annual income. The combined 2024 assessed value is $1,209,400. Located in the Downtown/Commercial zone with access to municipal water and sewer. Adjacent to City-owned land at 10 Wallace Street (~0.71 ac), creating potential assemblage of ~2.82+/- acres. Well-suited for continued income-producing use or redevelopment as senior housing, workforce multifamily, or mixed-use. Identified interest from private developers and the City of Rochester.
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Details

  • Beds: 8
  • Baths: 4
  • Price: 1,895,000
  • Reference No.: 96928416
  • Area: 10,763 sqft

Location

Marketed by:

  • Deana Theriault
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