Triplex with Three 3-Bed
For Sale
$475,000
Pending
272-274 Meigs St, Rochester, NY 14607
Income-producing triplex with three spacious three-bedroom apartments and ample parking near Park Ave.
Days on Market45
Property Features for 272-274 Meigs St
General Information
Standard status
Pending
Total Parking Spaces
7
Property subtype
Multi Family
Financials
Cap Rate
10.44%
Business Included
Yes
Additional Details
Multifamily Units
3
Building Details
Year Built
1920
Tenancy
Multi
Listing Agency:
(585) 473-1320
Listed By:
Jennifer L. Schreib
(585) 473-1320
Source:
Elliman
Added: Jun 18
Changed: Jul 10
Last Checked: Jul 31 at 8:03AM
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 Jennifer L. Schreib
Investment Insights
Based on property information with market context.
This for-sale triplex at 272-274 Meigs St, Rochester, NY 14607 features three large three-bedroom apartments. Two of the apartments include two full bathrooms. The property offers a seven-car parking lot, and the tear-off roof is under 10 years old. A new Certificate of Occupancy is in place and is good until 2029.
Conveniently located within walking distance to Park Ave, the property also has walkability and bikeability metrics noted as 93 (Walker’s Paradise) and 74 (Very Bikeable), with some transit service indicated by a 49 transit score.
Financially, the property is reported with annual income of $77,580 and annual expenses (including taxes) of $27,973, with a stated cap rate of 10.44%. Showings require an appointment and can only be scheduled on Monday, Wednesday, and Friday from 2:30 to 4:00; you cannot just show up. Showings begin Wednesday 6/17/2026 at 2:30, and delayed negotiations are set for Tuesday 6/23/26 at 11:00 AM.
Conveniently located within walking distance to Park Ave, the property also has walkability and bikeability metrics noted as 93 (Walker’s Paradise) and 74 (Very Bikeable), with some transit service indicated by a 49 transit score.
Financially, the property is reported with annual income of $77,580 and annual expenses (including taxes) of $27,973, with a stated cap rate of 10.44%. Showings require an appointment and can only be scheduled on Monday, Wednesday, and Friday from 2:30 to 4:00; you cannot just show up. Showings begin Wednesday 6/17/2026 at 2:30, and delayed negotiations are set for Tuesday 6/23/26 at 11:00 AM.
Key Highlights
- Income‑producing triplex built in 1920 with three 3‑bedroom apartments
- Two apartments feature 2 full bathrooms
- Annual income of $77,580 with annual expenses of $27,973
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,887
Businesses Nearby
Explore this area
Business Placement
Demographics for 14607, NY
16,298
Population
11,971
Households
1.4
Avg Household Size
32
Median Age
60%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
9,587
Density / Sq Mi
$56,270
Median Household Income
$44,018
Median Earnings
$1,129
Median Rent
$304,100
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 - Income-producing triplex with three spacious three-bedroom apartments and ample parking near Park Ave.
Where is this triplex located?
The property is located at 272-274 Meigs St Rochester, NY.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Income‑producing triplex built in 1920 with three 3‑bedroom apartments; Two apartments feature 2 full bathrooms; Annual income of $77,580 with annual expenses of $27,973
