Active
75 Alexander Street, Rochester NY 14620
MLS# R1687111
$349,900
Price
7
Beds
5
Baths
2,784
Living Area (Sq.Ft.)
0.171
Lot Area (Acres)
$349,900
Price
7
Beds
5
Baths
2,784
Living Area (Sq.Ft.)
0.171
Lot Area (Acres)
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. <br> <br>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. <br> <br>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. <br> <br>No Delayed Negotiations.
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1920
Parcel Number
261400-121-560-0002-003-000-0000
Unit Number
--
Subdivision Name
Williams Tr
Lot Features
Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Size Dimensions
41X181
Bath Rooms Full
4
Bath Rooms Half
1
Property Condition
Resale
Elementary School District
Rochester
Middle Or Junior School District
Rochester
High School District
Rochester
Location
Listing Agent
Joseph V Thon
Listing Office
Canalside Realty LLC
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional, Other, See Remarks
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-06-04
Owner Pays
Grounds Care, Trash Collection, Water
Rent Includes
Gardener, Trash Collection, Water
Gross Income
46200
Net Operating Income
25170
Fire Places Total
2
Flooring
Carpet, Hardwood, Varies, Vinyl
Fire Place
true
Heating
true
Heating Features
Gas, Forced Air, Radiators
Appliances
Gas Water Heater
Garage
--
Garage Spaces
0
Water Source
Connected, Public
Sewer
Connected
Roof
Asphalt
Utilities
Sewer Connected, Water Connected
Parking Features
Two Or More Spaces
Foundation Details
Block
Basement
Full
Construction Materials
Vinyl Siding
Patio And Porch Features
Covered, Porch
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.