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.
Closed
$375,000
75 Alexander St, Rochester, NY 14620
7beds
2,784sqft
Multi Family
Built in 1920
-- sqft lot
$375,700 Zestimate®
$135/sqft
$1,817 Estimated rent
Home value
$375,700
$357,000 - $394,000
$1,817/mo
Zestimate® history
Owner options
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Maintenance-free vinyl siding exterior
Zillow last checked:
Listing updated:
Listed by:
Joseph V Thon 585-314-7203,
Canalside Realty LLC
Bought with:
Carl Richard Arena, 10401353803
Howard Hanna
Source: NYSAMLSs,MLS#: R1687111
Originating MLS: Rochester
Originating MLS: RochesterFacts & 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: $135/sqft
- Tax assessed value: $292,300
- Annual tax amount: $9,120
- Date on market: 6/4/2026
- Cumulative days on market: 3 days
- Listing terms: Cash,Conventional,Other,See Remarks
Price history
| Date | Event | Price |
|---|---|---|
| 7/17/2026 | Sold | $375,000+7.2%$135/sqft |
Source:  NYSAMLSs #R1687111 Report a problem | ||
| 6/7/2026 | Pending sale | $349,900$126/sqft |
Source: NYSAMLSs #R1687111 Report a problem | ||
| 6/4/2026 | Listed for sale | $349,900$126/sqft |
Source: NYSAMLSs #R1687111 Report a problem | ||
| 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.
Neighborhood: South Wedge
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Nearby schools
GreatSchools rating
- 5/10Anna Murray-Douglass AcademyGrades: PK-6Distance: 0.8 mi
- 2/10School 58 World Of Inquiry SchoolGrades: PK-12Distance: 1 mi
- 3/10School 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.
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$375,700
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- New York
- Monroe County
- Rochester
- 14620
- South Wedge
- 75 Alexander St
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