Three-Family Residential Income
For Sale
$299,900
Pending
63 Langslow St, Rochester, NY 14620
Fully rented three-family near Strong Memorial Hospital and University of Rochester, with off-street parking and shared laundry.
Days on Market60
Property Features for 63 Langslow St
General Information
Standard status
Pending
Property subtype
Multi Family
Occupancy
100%
Additional Details
Cap Rate
10.3%
Multifamily Units
3
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
(585) 729-2500
Listed By:
Richard L. Leasure
(585) 729-2500
Source:
Elliman
Added: Jun 3
Changed: Jul 10
Last Checked: Jul 31 at 7:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Richard L. Leasure
Investment Insights
Based on property information with market context.
This fully rented three-family residential income building includes vinyl siding, replacement windows, and a boiler that is under 5 years old. The property also features a shared laundry room on the first floor. A large parking area supports tenants and guests, and there is an attached/associated garage that is rented for $150 per month.
The home is within walking distance to Strong Memorial Hospital, the University of Rochester, College Town, and Highland Park. Public transit access is reported as Some Transit (transitScore 42), with the area described as somewhat walkable (walkScore 54) and bikeable (bikeScore 69).
From an income standpoint, the seller reports annual income of $45,120 and annual expenses of $14,796, with a stated cap rate of 10.3%. For buyers and investors seeking a turn-key, fully rented asset, the unit configuration and existing tenant occupancy may be an efficient fit. Showings begin Tuesday, May 26th at 2:30 p.m., and the property can only be shown Tuesdays and Thursdays from 2:30 to 4:00 p.m., and Saturdays from 11:30 a.m. to 12:30 p.m., by appointment. Delayed negotiations are scheduled for Monday, June 1st at 2:30 p.m.
The home is within walking distance to Strong Memorial Hospital, the University of Rochester, College Town, and Highland Park. Public transit access is reported as Some Transit (transitScore 42), with the area described as somewhat walkable (walkScore 54) and bikeable (bikeScore 69).
From an income standpoint, the seller reports annual income of $45,120 and annual expenses of $14,796, with a stated cap rate of 10.3%. For buyers and investors seeking a turn-key, fully rented asset, the unit configuration and existing tenant occupancy may be an efficient fit. Showings begin Tuesday, May 26th at 2:30 p.m., and the property can only be shown Tuesdays and Thursdays from 2:30 to 4:00 p.m., and Saturdays from 11:30 a.m. to 12:30 p.m., by appointment. Delayed negotiations are scheduled for Monday, June 1st at 2:30 p.m.
Key Highlights
- Fully rented three‑family within walking distance to Strong Memorial Hospital and the University of Rochester
- Annual income of $45,120 with annual expenses of $14,796; 10.3% cap rate
- Off‑street parking plus a rented garage for $150/month
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,833
Businesses Nearby
Explore this area
Business Placement
Demographics for 14620, NY
24,185
Population
13,060
Households
1.9
Avg Household Size
35
Median Age
56%
College-Educated
92%
High-School Grad
4.4 sq mi
ZIP Area
5,497
Density / Sq Mi
$59,525
Median Household Income
$40,467
Median Earnings
$1,193
Median Rent
$197,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Fully rented three-family near Strong Memorial Hospital and University of Rochester, with off-street parking and shared laundry.
Where is this triplex located?
The property is located at 63 Langslow St Rochester, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Fully rented three‑family within walking distance to Strong Memorial Hospital and the University of Rochester; Annual income of $45,120 with annual expenses of $14,796; 10.3% cap rate; Off‑street parking plus a rented garage for $150/month
