367 Genesee Street
Rochester, NY, 14611
$524,900
7 Beds
0 Baths
11,698 SqFt
0.14 Acres
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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:
$524,900
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
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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

Taxes
$11,846

Map

Community

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367 Genesee Street
Rochester, NY