A piece of Rochester history is now available for $199,000 at 33 Kenwood Avenue in the desirable 19th Ward.
Built in 1900, this impressive 4,857-square-foot property combines historic architectural details with an attractive income-producing opportunity for investors or owner-occupants.
The property features four separate apartments, offering flexibility for rental use and ownership. With five bedrooms and four bathrooms, the building provides spacious living areas while retaining many of the details that give historic homes their distinctive appeal.
Inside, the property showcases an elegant grand foyer with a beautiful staircase, stained-glass windows, decorative fireplaces, high beamed ceilings, original pocket doors, and hardwood flooring. Vintage ceramic tile bathrooms add another layer of character to the apartments, preserving the charm and craftsmanship of the home’s era.
From an investment perspective, the property already generates rental income. The four apartments currently rent for $725, $700, $675, and $900 per month, producing a combined $3,000 in monthly rent, or approximately $36,000 annually.
Each apartment has separate utilities, providing additional convenience and flexibility for ownership and management.
The exterior offers several valuable amenities, including a two-car garage, driveway parking, and ample off-street parking. These features can be especially attractive to tenants and add to the property’s overall appeal.
There is also an opportunity for investors to expand their portfolio. The neighboring four-unit property at 45 Kenwood Avenue is also available and can potentially be purchased together with 33 Kenwood Avenue for a combined asking price of $404,000. This would provide the opportunity to acquire eight side-by-side units in the 19th Ward.
At $199,000, 33 Kenwood Avenue offers a combination of historic charm, multiple rental units, existing rental income, parking, and long-term investment potential. For buyers looking to enter or expand within the Rochester multifamily market, this property is an opportunity worth exploring.
Listed by: eXp Realty, LLC 888-276-0630, Joneal A. Labeach 585-875-5696
Zillow link https://www.zillow.com/homedetails/33-Kenwood-Ave-Rochester-NY-14611/2105051187_zpid/