2 months on rocket

395 University Ave, Rochester, NY, 14607

$530,000

Home List Price

$6,294*

Closing Credit

5 Bedrooms
4 Full Baths, 1 Partial
2,817 SqFt
$188/SqFt
Multi
Schools Nearby

Location

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395 University Ave, Rochester$530,000

Buyer Closing Credits

$6,294*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingPaved, Two or More Spaces
Year Built1930
HeatingNatural Gas, Forced Air
BasementYes
MLS #R1520963
Lot Size0.13 Acres
StatusActive

About 395 University Ave

ASSUMABLE FHA MORTGAGE AT 3.5%! Completely renovated property with high end finishes, this three unit in the heart of the Neighborhood of the Arts is what you have been looking for! Would make an excellent owner occupied property or a great addition to your investment portfolio. Separate utilities for each unit, off street parking, in unit laundry with washer/dryer combo included. 3 Bed 2.5 bath unit currently rented for $1900 a month. Has two 1 bed 1 bath units, one owner occupied the other rented for $900 a month. Rent potential of over $44,000 a year! Certificate of occupancy is negotiable.

Property Details

Property Features

Property Information:

  • Year Built: 1930
  • Living Area: 2,817 SqFt

Listing Office:

  • Office Name: Colleen M. Burke
  • Office Phone: (585) 261-0954
  • Listing Agent: Peter Schick

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Basement: Yes
  • Flooring Type: Hardwood, Resilient, Tile, Varies
  • Interior: Ceiling Fan(s), Storage

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 4
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: Paved, Two or More Spaces

Lot Features

Lot Information:

  • Lot: Other, See Remarks
  • Lot Size: 0.13 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas, Forced Air

Other

Directions Information:

  • Directions: Head East on Main Street, Right on University

Price Information

Listing Price Info

Price Summary:

  • List Price: $530,000
  • Price Per SqFt: $188/SqFt
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Housing Market Comparison

See how this home compares to others in Rochester, NY.

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Rochester, NY

City

Med. Sold Price

$200K

Med. Price/SqFt

$136

Avg. Days On Market

16

# of Sold Homes

287

395 University Ave vs Rochester

73 DAYS ON ROCKET

+57 Days

$530,000

+$330K More

$188/SqFt

+$51 More

KEY TAKEAWAY

This property is $330K more than the Median Sold Price and $51/SqFt more than other homes in Rochester, NY.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NYS
  • MLS Number: #R1520963

Listing Office:

  • Office Name: Colleen M. Burke
  • Office Phone: (585) 261-0954
  • Listing Agent: Peter Schick

IDXThe 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
harmless.

© 2024 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

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: 4/27/2024, 4:25:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 13, 2020Home Sold
$297,000
Sep 24, 2018Home Sold
$213,346
Oct 16, 2013Home Sold
$244,800
Dec 11, 2009Home Sold
$185,000
Oct 20, 2006Home Sold
$119,000

History based on county public records data.

Payment Calculator

$2,713

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,655

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1419023
7
/10

  • Genesee Community Charter School

  • 657 East Ave

  • 0.45 miles

  • Public Charter Grades KG-6

school-card-donut-1419024
3
/10

  • School 53 Montessori Academy

  • 625 Scio St

  • 0.72 miles

  • Public District Grades PK-6

school-card-donut-1419025
5
/10

  • School 15-Children's School of Rochester (The)

  • 494 Averill Ave

  • 0.85 miles

  • Public Magnet Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $31,289. Most Rochester, NY residents have annual incomes less than $35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›New York›Monroe County›Rochester›14607›395 University Ave

This home is located at 395 University Ave in Rochester, NY and zip code 14607. This 2,817 square foot home, which was built in 1930, sits on a 0.13 acre lot. Features: 5 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since February 14, 2024 and is currently priced at $530,000.

In March 2024 more than 222 listings in Rochester, NY were sold above the asking price. During the same period more than 14 listings were sold at asking price, while more than 51 were sold below. The inventory of homes for sale in Rochester, NY between February 2024 and March 2024 decreased by 6%. Listings spent 16 days on the market in March 2024, and had a median list price of $200,000 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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