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8-Unit Historic Apartment Building
For Sale
$495,000

147 Parkdale Ter, Rochester, NY 14615

Historic apartment property with updated electrical, a modern boiler system, coin-operated laundry, and a two-car garage.

Property Size7,245 SF
Days on Market10

Property Features for 147 Parkdale Ter

General Information

Standard status Active
Size 7,245 SF
Total Parking Spaces 2
Property subtype Investment

Additional Details

Gross Income $89,172

Taxes and HOA fees

Annual Taxes $10,054

Amenities

coin-operated laundry

Building Details

Building Size 7,245 SF
Year Built 1920
Buildings 1
Stories 3
Units 8
Tenancy Multi
Listing Agency: RE/MAX Realty Group
Listed By: Colleen M. Bracci · License #30BR1133356
Source: Elliman
Added: Sep 16 Changed: Sep 18 Last Checked: Sep 24 at 2:40PM

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 RE/MAX Realty Group

Investment Insights

Based on property information with market context.

Built in 1920, this Rochester apartment building contains eight units: six studios and two one-bedroom apartments. Original architectural elements include a prominent staircase, formal foyer, and distinctive front entry. Major system updates include a new boiler and upgraded electrical service. The property also provides coin-operated laundry and a two-car garage.

The Certificate of Occupancy remains valid through 2028. Several tenant rents are paid by organizations that guarantee both rent and lease terms. Located at 147 Parkdale Ter, the property has a Walk Score of 55, a Bike Score of 49, and a Transit Score of 44, reflecting somewhat walkable, somewhat bikeable surroundings with some transit access.

Key Highlights

  • Eight apartments with a mix of 6 studios and 2 one‑bedroom units
  • New boiler system and updated electrical service
  • Original staircase, foyer, and front entrance details

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Building Supply Law Firm Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

623
Businesses Nearby

Demographics for 14615, NY

16,862
Population
8,258
Households
2
Avg Household Size
36
Median Age
21%
College-Educated
90%
High-School Grad
5.9 sq mi
ZIP Area
2,858
Density / Sq Mi
$53,150
Median Household Income
$37,895
Median Earnings
$1,065
Median Rent
$121,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Historic apartment property with updated electrical, a modern boiler system, coin-operated laundry, and a two-car garage.
Where is this apartment building located?
The property is located at 147 Parkdale Ter Rochester, NY.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Eight apartments with a mix of 6 studios and 2 one‑bedroom units; New boiler system and updated electrical service; Original staircase, foyer, and front entrance details
More about this property
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