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.
Active
$349,900
75 Alexander St, Rochester, NY 14620
7beds
2,784sqft
Multi Family
Built in 1920
-- sqft lot
$249,000 Zestimate®
$126/sqft
$-- HOA
What's special
Maintenance-free vinyl siding exterior
- 11 hours |
- 114 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Canalside Realty LLC 585-314-7203,
Joseph V Thon 585-314-7203
Source: NYSAMLSs,MLS#: R1687111
Originating MLS: Rochester
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Gas, Forced Air, Radiator(s)
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Hardwood, Varies, Vinyl
- Basement: Full
- Number of fireplaces: 2
Interior area
- Total structure area: 2,784
- Total interior livable area: 2,784 sqft
Property
Parking
- Parking features: Two or More Spaces
Features
- Patio & porch: Covered, Porch
Lot
- Size: 7,457 Square Feet
- Dimensions: 41 x 181
- Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 26140012156000020030000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt
Condition
- Resale
- Year built: 1920
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: Williams Tr
Location
- Region: Rochester
Financial & listing details
- Price per square foot: $126/sqft
- Tax assessed value: $292,300
- Annual tax amount: $9,120
- Date on market: 6/4/2026
- Listing terms: Cash,Conventional,Other,See Remarks
Estimated market value
$249,000
$214,000 - $289,000
$1,987/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/4/2026 | Listed for sale | $349,900$126/sqft |
Source: | ||
| 1/25/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/14/2024 | Listed for rent | $3,675+219.6%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/8/2014 | Listing removed | $1,150 |
Source: Zillow Rental Network Report a problem | ||
| 3/1/2014 | Price change | $1,150+2.2% |
Source: Zillow Rental Network Report a problem | ||
| 8/15/2013 | Listed for rent | $1,125 |
Source: South Wedge Properties, LLC Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: South Wedge
Nearby schools
GreatSchools rating
- 3/10Anna Murray-Douglass AcademyGrades: PK-6Distance: 0.8 mi
- 2/10School 58 World Of Inquiry SchoolGrades: PK-12Distance: 1 mi
- 2/10School Without WallsGrades: 9-12Distance: 0.2 mi
Schools provided by the listing agent
- District: Rochester
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- New York
- Monroe County
- Rochester
- 14620
- South Wedge
- 75 Alexander St







