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Vacant Duplex with Private Yard

2 Upton Park, Rochester, NY 14607

For Sale
$368,000

Two separate apartments include a three-bedroom lower unit and a one-bedroom upper unit.

Property Size2,437 SF
Price / SF$151.01
Days on Market60

Property Features for 2 Upton Park

General Information

Standard status Active
Size 2,437 SF
Property subtype Multi Family

Site & Location

Neighborhood Park Meigs
Utilities to Site Yes

Units

Unit Mix 1 x 3BR, 1 x 1BR
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $8,198

Amenities

private yard
off-street parking
hardwood floors
tall ceilings
separate utilities

Building Details

Building Size 2,437 SF
Year Built 1910
Buildings 1
Stories 2
Units 2
Listing Agency: Elysian Homes by Mark Siwiec and Associates
Listed By: Zach Warner · License NY #10401371550
Source: Elliman
Added: Sep 11 Changed: Nov 7 Last Checked: Nov 8 at 7:13AM

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 Elysian Homes by Mark Siwiec and Associates

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Investment Insights

Based on property information with market context.

Built in 1910, this vacant two-family property contains 2,437 square feet arranged as a three-bedroom first-floor apartment and a one-bedroom upper apartment. Interior features include hardwood floors and tall ceilings, while separate utilities support the duplex configuration. New water tanks have been installed.

The property includes a private yard, off-street parking, and side-street access. Located at 2 Upton Park in Rochester, the home is near East Avenue, the Neighborhood of the Arts, and Park Avenue, with restaurants, cafés, and cultural destinations nearby. Walk Score is 91, Bike Score is 77, and Transit Score is 52.

Key Highlights

  • 2,437‑square‑foot vacant duplex with three‑bedroom and one‑bedroom apartments
  • Private yard with off‑street parking and side‑street access
  • Separate utilities support the two‑apartment layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$28,047
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,940 $560.9K
Cap Rate 7%
$400,671 $400.7K
Cap Rate 9%
$311,633 $311.6K
Market Conditions
NOI Build-Up for 2,437 SF
Gross rent
$42.4K $17.40/SF
− Vacancy
−$2.3K −$0.96/SF
EGI
$40.1K $16.44/SF
− OpEx
−$12.0K −$4.93/SF
NOI
$28.0K $11.51/SF
Area
Rochester, NY
Vacancy
5.51%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$560,940
Cap Rate 7%
$400,671
Cap Rate 9%
$311,633

Alternative Uses

Best Use
Multifamily LT 5
$400.7K
$350.6K – $467.5K (±1% cap)
NOI $28,047 @ 7.0% cap · market cap 7.62%
Second Best
Apartment 5plus
$357.1K
$312.5K – $416.7K (±1% cap)
NOI $25,000 @ 7.0% cap · market cap 6.79%
Theoretical Best
Office A
$667.6K
$584.2K – $778.9K (±1% cap)
NOI $46,732 @ 7.0% cap · market cap 12.70%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,772
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Rochester, NY

$63.43 Jul
$64.23 Aug
$73.96 Sep
$77.26 Oct

Properties on Market for Duplexes in Rochester

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two separate apartments include a three-bedroom lower unit and a one-bedroom upper unit.
Where is this duplex located?
The property is located at 2 Upton Park Rochester, NY.
What is the asking price?
The asking price for this property is $368,000.
What are key features of this property?
This property features: 2,437‑square‑foot vacant duplex with three‑bedroom and one‑bedroom apartments; Private yard with off‑street parking and side‑street access; Separate utilities support the two‑apartment layout
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