Remodeled
For Sale
$439,000
196 Bristol Street, Canandaigua, NY 14424
Fully occupied duplex with updated building systems, in-unit laundry areas, and a two-car garage.
Property Size1,992 SF
Days on Market152
Property Features for 196 Bristol Street
General Information
Standard status
Active
Size
1,992 SF
Property subtype
Duplex
Occupancy
100%
Additional Details
Furnished
No
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$5,168
Amenities
garage
in-unit laundry
Building Details
Building Size
1,992 SF
Year Built
1862
Year Renovated
2010
Listing Agency:
Realmart Realty, LLC
(888) 362-6543
Listed By:
Jack Qizhan Yao · License #10491203908
(888) 362-6543
Source:
Griffith-realty
Added: Mar 6
Changed: Aug 4
Last Checked: Aug 5 at 5:02AM
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 Realmart Realty, LLC
Investment Insights
Based on property information with market context.
This duplex contains two apartments, each with two entry and exit points and its own laundry area. The house underwent a comprehensive remodel in 2010, including gas furnaces with new ductwork, PEX plumbing, electrical updates, energy-efficient windows, steel doors, Hardie board siding, and finished interior improvements. Each unit is equipped with a gas stove, refrigerator, dishwasher, washer, and dryer. Hardwood flooring serves the living areas, while the bathrooms and laundry room feature tile or granite flooring.
The property also includes a two-car garage with remote-controlled doors, additional storage, and a large paved driveway. Gas hot water tanks were installed in 2020. The house roof was replaced in 2011, and the barn roof was replaced in 2020. It is fully occupied and has been continuously rented for 15 years. The address is near downtown Canandaigua, shopping, dining, Canandaigua Lake, FLCC, CMAC, the Finger Lakes, and major routes.
The property also includes a two-car garage with remote-controlled doors, additional storage, and a large paved driveway. Gas hot water tanks were installed in 2020. The house roof was replaced in 2011, and the barn roof was replaced in 2020. It is fully occupied and has been continuously rented for 15 years. The address is near downtown Canandaigua, shopping, dining, Canandaigua Lake, FLCC, CMAC, the Finger Lakes, and major routes.
Key Highlights
- Two‑apartment duplex with continuous rental history of 15 years
- Comprehensive interior and systems remodel completed in 2010
- Two‑car garage with remote‑controlled doors, storage, and large paved driveway
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 | $39.4k | $19.80 |
| − Vacancy | −$3.0k | −$1.50 |
| EGI | $36.4k | $18.30 |
| − OpEx | −$10.9k | −$5.49 |
| NOI | $25.5k | $12.81 |
1,992 SF · lease $19.80/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$364.4K
$318.9K – $425.2K
NOI $25,511 @ 7.0% cap · market cap 5.81%
Second Best
Apartment 5plus
$324.8K
$284.2K – $379.0K
NOI $22,739 @ 7.0% cap · market cap 5.18%
Theoretical Best
Office A
$596.2K
$521.7K – $695.6K
NOI $41,736 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,208
Businesses Nearby
Explore this area
Business Placement
Demographics for 14424, NY
28,353
Population
14,482
Households
2
Avg Household Size
48
Median Age
41%
College-Educated
94%
High-School Grad
129.5 sq mi
ZIP Area
219
Density / Sq Mi
$79,135
Median Household Income
$45,885
Median Earnings
$1,228
Median Rent
$250,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex with updated building systems, in-unit laundry areas, and a two-car garage.
Where is this duplex located?
The property is located at 196 Bristol Street Canandaigua, NY.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Two‑apartment duplex with continuous rental history of 15 years; Comprehensive interior and systems remodel completed in 2010; Two‑car garage with remote‑controlled doors, storage, and large paved driveway
