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Listed price in listed location currency (USD).
$349,900

750

MLS® R1687111

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 2784 sqft
Garage 
Taxes $9,120
Days Active 0
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $125
MLS® Number R1687111

Property Address: 75 Alexander St, Rochester, NY, 14620-1122

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey investment opportunity with a decade-long track record of zero vacancy. Currently rented as a combined unit at $3, 850/month. $46, 200 gross annual revenue with operating expenses of approximately $11, 910/year and an NOI of $34, 290, delivering a 9.8% cap rate at the $349, 900 list price. New 12-month lease commences July 1st. Income begins immediately. Major capital improvements already completed: all-new electrical service, meters, riser, and panels (2022); high-efficiency furnace - Downstairs Unit (2022); two new water heaters (2023); all-new exterior doors (2022); multiple new windows (2022). Reliable boiler in place - Upstairs Unit. Maintenance-free vinyl siding exterior. Parking for 10+ vehicles. Additional third-floor space offers expansion potential and development upside. Current owner has operated this property with zero lost rent for over ten years. The systems are sound, the tenants are stable, and the income is real. No Delayed Negotiations.
MLS® NumberR1687111
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
BasementFull
DrivewayTwo Or More Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 4, 2026List Date
$349,900List Price
  • Commute

Commute

Starting Address
Destination Address
75 Alexander St, Rochester, NY

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