75 Alexander Street, Rochester, NY 14620

Rochester
Local realty services provided by:Team VP Real Estate
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.

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Home facts

  • Year built:1920
  • Listing ID #:R1687111
  • Added:19 day(s) ago
  • Updated:June 24, 2026 at 08:55 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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