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Robert Dillon
Licensed Real Estate Salesperson
REALTOR®
(646) 229-8044 Cell
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75 Alexander Street, Rochester, NY 14620

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Property Description

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.

75 Alexander Street | MLS# R1687111

This multi-family property located at 75 Alexander Street, Rochester, NY 14620 is currently listed for sale with an asking price of $349,900. Alexander Street is located within the Rochester school district. Search Rochester real estate on robert-dillon.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Fireplaces: 2
Heating: Gas, Forced Air, Radiator(s)
Lot Size: 0.17 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $9,120
Year Built: 1920

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 2
Exterior: Vinyl Siding
Flooring: Carpet, Hardwood, Varies, Vinyl
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 41X181
Parcel#: 261400-121-560-0002-003-000-0000
Parking: Two or More Spaces
Parking Notes: Two or More Spaces
Patio/Porch: Covered, Porch
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Rochester

Estimate Your Payment

Estimated Payment

$ 1,640.78 per month $778.73 Principal & Interest $760.00 Property Tax $102.05 Homeowner's Insurance

Change Payment Information

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years/fixed
yearly
yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Canalside Realty LLC
Agency Phone: 585-314-7203

Shown By

Agent Name: Robert Dillon
Agent Phone: (646) 229-8044 Cell
Agency Title: Timberland Properties

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All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless. Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/06/2026. The listing information on this page last changed on 06/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 06/06/2026 1:37:36 AM EST) or Global MLS (last updated Sat 06/06/2026 1:22:16 AM EST) or New York State Alliance MLS (last updated Sat 06/06/2026 1:34:57 AM EST) or Hudson Valley Catskill Region MLS (last updated Sat 06/06/2026 12:11:15 AM EST) or OneKey MLS (last updated Sat 06/06/2026 1:31:25 AM EST). Real estate listings held by brokerage firms other than Timberland Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

All information is deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither broker(s), nor agent(s) shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless.

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