A remarkable three-unit investment opportunity located just minutes from great restaurants, boutique shopping, cafes, and popular local hotspots. This lovingly-maintained multifamily property offers strong rental potential and is an excellent addition to any portfolio-ideal for both new and experienced investors. The first-floor unit features three bedrooms, two full bathrooms, and the convenience of in-unit laundry. Upstairs, there is a spacious two-bedroom, one-bath apartment, along with a separate one-bedroom, one-bath unit next door. The one-bedroom apartment also includes complimentary laundry access in the basement. Each unit offers comfortable living space with updated kitchens and bathrooms, making this property appealing to both tenants and owner-occupants. Recent improvements include updated windows, gutters, and fresh interior finishes throughout. Additional highlights include a partially fenced yard, off-street parking, and many updates that make this a true turnkey investment opportunity. Group Showings: Sunday, April 12th: 6:00-7:00 PM Tuesday, April 14th: 2:00-3:00 PM Thursday, April 16th: 6:00-7:00 PM. Must be accompanied by an agent. Offers Due April 16th, 2026 at 9:00 PM.
Listing By
Agency Name: Howard Hanna
Agency Contact: 585-673-3794
Shown By
Agent Name: Christine Campanella
Agent Phone: (716) 440-0133
Agency Title: MJ Peterson Real Estate
Estimated Payment
$ 1,979.95 per month $1,112.56 Principal & Interest $721.58 Property Tax $145.80 Homeowner's Insurance
397-399 University Avenue | MLS# R1672250
This multi-family property located at 397-399 University Avenue, Rochester, NY 14607 is currently listed for sale with an asking price of $499,900. 397-399 University Avenue is located within the Rochester school district. Search Rochester real estate on ccampanella.mjpeterson.com today.