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Renovated Four-Unit Apartment Building
New
For Sale
$225,000

157 Arnett Boulevard, Rochester, NY 14619

Three apartments have been updated, including two with newer kitchens, and each unit has its own gas furnace.

Property Size5,683 SF
Days on Market6

Property Features for 157 Arnett Boulevard

General Information

Standard status Active
Size 5,683 SF
Property subtype Multi Family
Occupancy 100%

Units

Unit Mix 4 x 1BR/1BA
Multifamily Units 4

Additional Details

Gross Income $40,500
Utilities to Site Yes

Taxes and HOA fees

Annual Taxes $4,461

Building Details

Building Size 5,683 SF
Year Built 1930
Buildings 1
Tenancy Multi
Listing Agency: Keller Williams Realty Greater Rochester
Listed By: Dayna Orione-Kim · License #10401352226
Source: Highfallssir
Added: Oct 7 Changed: Oct 10 Last Checked: Oct 11 at 11:42AM

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 Keller Williams Realty Greater Rochester

Investment Insights

Based on property information with market context.

This four-unit apartment building dates to 1930 and is fully occupied. Three apartments have been renovated, with newer kitchens in two units. Each apartment has a separate gas furnace and metered electric service; hot water is shared. The property has five gas meters and five electric meters, and a recent Certificate of Occupancy remains valid through 2028.

Updates include renovations to Apartment 3 in 2020, Apartment 2 in 2021, and Apartment 4 in 2022, along with a partial roof tear-off in 2022, a new main water service, a replacement furnace in Apartment 3, and new front steps. A full walk-up attic was previously used as an additional unit; any future use requires verification with the City of Rochester. The property is minutes from the University of Rochester, Strong Memorial Hospital, and the airport.

Key Highlights

  • Four‑unit apartment property, fully occupied
  • Certificate of Occupancy valid through 2028
  • Three apartment renovations: Apartment 3 (2020), Apartment 2 (2021), and Apartment 4 (2022)

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Electrical Service Skin Care Clinic

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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

744
Businesses Nearby

Demographics for 14619, NY

14,061
Population
5,891
Households
2.4
Avg Household Size
35
Median Age
31%
College-Educated
91%
High-School Grad
1.4 sq mi
ZIP Area
10,044
Density / Sq Mi
$66,345
Median Household Income
$39,243
Median Earnings
$1,238
Median Rent
$112,500
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?
Quadplex - Three apartments have been updated, including two with newer kitchens, and each unit has its own gas furnace.
Where is this quadplex located?
The property is located at 157 Arnett Boulevard Rochester, NY.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Four‑unit apartment property, fully occupied; Certificate of Occupancy valid through 2028; Three apartment renovations: Apartment 3 (2020), Apartment 2 (2021), and Apartment 4 (2022)
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