367 Genesee Street Rochester NY 14611 MLS #R1579683

367 Genesee Street
Rochester, NY, 14611
$549,900
7 Beds
0 Baths
11,698 SqFt
0.14 Acres
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$549,900
367 Genesee Street
Rochester, NY, 14611
Now available at a reduced price, this 7-unit multifamily property offers a significant upside for investors. Each townhome-style unit features 3 bedrooms, 1 full bathroom, and approximately 1,100 SF of living space, plus private basements and attics—ideal for tenants seeking spacious, functional layouts.

Recent improvements include a half-roof tear-off and replacement. All units are separately metered with tenant-paid utilities, keeping operational costs low.

Six of the seven units are currently vacant, offering an excellent opportunity to complete repairs and prepare the property for full lease-up. With market rents at approximately $1,400/month, the projected gross income at full occupancy is $9,800/month.

* Townhome Style Apartments
* Tenant Paid Utilities
* Basement Storage
* Located on a Bus Line

Property Details

Price:
$549,900
MLS #:
R1579683
Status:
Active
Beds:
7
Baths:
0
Address:
367 Genesee Street
Type:
Single Family
Subtype:
Commercial
Subdivision:
Genesee Street Co-Operati
Neighborhood:
Rochester City-261400
City:
Rochester
Listed Date:
Dec 2, 2024
State:
NY
Finished Sq Ft:
11,698
Total Sq Ft:
11,698
ZIP:
14611
Lot Size:
6,011 sqft / 0.14 acres (approx)
Year Built:
1910

Schools

School District:
Rochester

Interior

Appliances
Gas Water Heater
Flooring
Hardwood, Laminate, Varies
Heating
Gas, Forced Air

Exterior

Construction Materials
Frame
Parking Features
None, No Driveway, No Garage
Roof
Asphalt

Financial

Net Operating Income
$71,032
Taxes
$11,846
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