Spencerport Duplex: Investor
472 Elmgrove Road, Rochester, NY 14606
- Added:
- Apr 8, 2026
- Days on Market:
- 54
- Last Refresh:
- May 31 at 6:06 pm
Property Features for 472 Elmgrove Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 1, Basement, Bedroom 4
- Patio and Porch features
- Porch
- Interior features
- ProgrammableThermostat
- Exterior features
- PrivateYard
- Appliances
- GasWaterHeater
- Standard status
- Pending
- APN
- 262800-088-190-0003-015-000
- Size
- 1,760 SF
- Lot size
- 0.23 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6624
Utilities
- Heating system
- Forced Air, Natural Gas
- Water source
- Public
Building Details
- Year built
- 1961
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Laminate, Varies, Hardwood
- Building materials
- AtticCrawlHatchwaysInsulated, CompositeSiding, VinylSiding, CopperPlumbing
- Roof type
- Shingle, Asphalt
- Architectural style
- Other
Listing agent Carole J. Snow License #10301201784 (585) 756-7460
Listing office RE/MAX Realty Group 10 Grove Street, Pittsford, NY (585) 248-0250
Listing date Apr 8, 2026
MLS# R1669786
Listing URL
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Duplex in Spencerport School District: Rare opportunity.
- New Certificate of Occupancy: Valid for 3 years.
- Well‑Maintained: Owned for over 54 years.
- Eat‑in Kitchens with Appliances: Each unit includes a stove and refrigerator.
- Convenient Location: Close to Routes 510, 490, and 31.
- Private Rear Yard: Offers a desirable outdoor space.
Overview
This duplex, located in Rochester, NY, within the Spencerport School District, presents an opportunity for investors or owner-occupants seeking to supplement mortgage payments with rental income. Each unit features an eat-in kitchen equipped with a stove and refrigerator. The property includes a full basement with laundry hookups, hardwood floors in the living room and bedrooms, and a large living room. Storage space is available throughout. The property benefits from a private rear yard and an asphalt parking area with designated parking for two cars per apartment. Located close to Routes 510, 490, and 31, it offers convenient access to amenities and parks. The property has been maintained by the same owner for over 54 years. A new Certificate of Occupancy (C of O), valid for 3 years, will be provided at closing. The lot size is 0.23 acres, and the property size is 1760 square feet.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.6k | $17.40 |
| − Vacancy | −$1.7k | −$0.96 |
| EGI | $28.9k | $16.44 |
| − OpEx | −$8.7k | −$4.93 |
| NOI | $20.3k | $11.51 |
1,760 SF · lease $17.40/SF/yr · vacancy 5.51% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$289.4K
$253.2K – $337.6K
NOI $20,256 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$257.9K
$225.7K – $300.9K
NOI $18,055 @ 7.0% cap · market cap 6.57%
Theoretical Best
Office A
$482.1K
$421.9K – $562.5K
NOI $33,750 @ 7.0% cap · market cap 12.28%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Rochester
- County
- Monroe
- State
- New York
- Longitude
- -77.731684
- Latitude
- 43.181805
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex in Spencerport School District, ideal for investors or owner-occupants.
Where is this duplex located?
The property is located at 472 Elmgrove Road Rochester, NY.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Duplex in Spencerport School District: Rare opportunity.; New Certificate of Occupancy: Valid for 3 years.; Well‑Maintained: Owned for over 54 years.
