75 Alexander Street, Rochester, NY 14620
Local realty services provided by:CENTURY 21 Bridgeway Realty
75 Alexander Street,Rochester, NY 14620
$349,900
- 7 Beds
- 5 Baths
- 2,784 sq. ft.
- Multi-family
- Pending
Listed by: joseph v thon
Office: canalside realty llc.
MLS#:R1687111
Source:NY_GENRIS
Price summary
- Price:$349,900
- Price per sq. ft.:$125.68
About this home
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.
Contact an agent
Home facts
- Year built:1920
- Listing ID #:R1687111
- Added:14 day(s) ago
- Updated:June 16, 2026 at 07:28 AM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:4
- Half bathrooms:1
- Flooring:Carpet, Hardwood, Varies, Vinyl
- Basement:Yes
- Basement Description:Full
- Living area:2,784 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Asphalt
- Year built:1920
- Building area:2,784 sq. ft.
- Lot area:0.17 Acres
- Lot Features:Near Public Transit, Rectangular, Residential Lot
- Construction Materials:Vinyl Siding
- Exterior Features:Porch
- Foundation Description:Block
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$349,900
- Price per sq. ft.:$125.68
- Tax amount:$9,120
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