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Property view

75 Alexander Street, 
Rochester, NY 14620

$375,000


7

Beds


5

Baths


2,784

Sq Ft


Multi-Family

Sold

Listed by

Joseph V Thon

Bought with Howard Hanna

Canalside Realty LLC.

585-314-7203

MLS#

R1687111

Source:

NY GENRIS

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About This Home

75 Alexander Street

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.

Home Facts

Multi-Family

5 Baths

7 Bedrooms

Built in 1920

Subdivision & Development:

Williams Tr

Price Summary

349,900

$125 per Sq. Ft.

MLS #:

R1687111

Sold:

July 17, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

7

Bathrooms

Total Bathrooms:

5

Full Bathrooms:

4

Interior

Living Area:

2,784 Sq. Ft.


Structure

Structure

Building Area:

2,784 Sq. Ft.

Year Built:

1920


Lot

Lot Size (Sq. Ft):

7,457


Finances & Disclosures

Finances

Price:

$349,900

Price per Sq. Ft:

$125 per Sq. Ft.

Source:NY GENRIS
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