23 Saint Jacob St, Rochester, NY 14621

The numbers say it all: an asking price of $9,800 and a Cap Rate of 94.85%!Before you leap to the phone, we need to tell you that 23 Saint Jacob DOES need work, and a good deal of it. Although there's a new roof on the property, and good siding, and the house is basically sound, there's definitely work needed to get things presentable and rent-ready.But even if you put as much to repair it as you did to buy it, the Cap Rate still comes out to a stunning 46.94%. A contractor or handyman willing to put in some sweat equity can walk away with a property that, once rented, can pay for itself free and clear in just about two years!23 Saint Jacob is a two story two unit multifamily property with 4 bedrooms, two baths, a full basement, a carport, and a city assessed value that's three and a half times higher than our asking price. For any real estate investor with rehab skills or connections, this is a prime property to consider. Zillow estimates its value at $57,000+ Our price? Only $9,800! We've just acquired this property, and more pictures of 23 Saint Jacob Street are scheduled. But you can see the pro forma for this (and other properties) on our web site at www.RochesterHomesWholesaler.com. Stop by!Have a look, and call 585-739-6722 today!