Canalfront Duplex with Private
New
For Sale
$895,000
20 Roselawn Avenue, Fairport, NY 14450
Two distinct residences offer separate kitchens, private outdoor areas, and flexible occupancy or rental options.
Property Size3,468 SF
Days on Market6
Property Features for 20 Roselawn Avenue
General Information
Standard status
Active
Size
3,468 SF
Property subtype
Multi Family
Additional Details
Furnished
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$17,046
Amenities
hot tub
dock
gardens
deck
private balcony
Building Details
Building Size
3,468 SF
Year Built
1920
Buildings
1
Listing Agency:
Homecoin.com
Listed By:
Jonathan Minerick · License #10311209448
(888) 400-2513
Source:
Highfallssir
Added: Oct 25
Changed: Oct 28
Last Checked: Oct 28 at 4:48PM
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 Homecoin.com
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This two-unit property on the Erie Canal has a first-floor residence with hardwood flooring, a kitchen, and a deck connecting to the yard and dock area. Upstairs, the second unit includes a separate kitchen, dining room, canal views, and its own balcony. The 1,500-square-foot walkout basement has a full bath and can serve multiple purposes. Both units may be acquired furnished, and the property dates to 1920.
Outdoor features include 150 feet of canal frontage, several gardens, a hot tub, and a 50-foot dock. The property is in the Village of Fairport, within walking distance of breweries, restaurants, seasonal events, and canal activities. The configuration supports owner occupancy with rental income potential, short-term rental use, or live/work occupancy, as described for the property.
Outdoor features include 150 feet of canal frontage, several gardens, a hot tub, and a 50-foot dock. The property is in the Village of Fairport, within walking distance of breweries, restaurants, seasonal events, and canal activities. The configuration supports owner occupancy with rental income potential, short-term rental use, or live/work occupancy, as described for the property.
Key Highlights
- Two‑unit duplex on the Erie Canal
- 150 feet of canal frontage
- 50‑foot dock for boats and kayaks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,328
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,560
$646.6K
Cap Rate 7%
$461,829
$461.8K
Cap Rate 9%
$359,200
$359.2K
Market Conditions
NOI Build-Up for 3,468 SF
Gross rent
$47.9K $13.80/SF
− Vacancy
−$1.7K −$0.48/SF
EGI
$46.2K $13.32/SF
− OpEx
−$13.9K −$4.00/SF
NOI
$32.3K $9.32/SF
Area
Monroe County, NY
Vacancy
3.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,560
Cap Rate 7%
$461,829
Cap Rate 9%
$359,200
Alternative Uses
Best Use
Multifamily LT 5
$461.8K
$404.1K – $538.8K
NOI $32,328 @ 7.0% cap · market cap 3.61%
Second Best
Apartment 5plus
$417.1K
$365.0K – $486.7K
NOI $29,200 @ 7.0% cap · market cap 3.26%
Theoretical Best
Specialty Retail
$665.8K
$582.5K – $776.7K
NOI $46,603 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
842
Businesses Nearby
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Business Placement
Demographics for 14450, NY
42,633
Population
19,054
Households
2.2
Avg Household Size
47
Median Age
60%
College-Educated
97%
High-School Grad
32.0 sq mi
ZIP Area
1,332
Density / Sq Mi
$109,543
Median Household Income
$62,613
Median Earnings
$1,258
Median Rent
$281,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two distinct residences offer separate kitchens, private outdoor areas, and flexible occupancy or rental options.
Where is this duplex located?
The property is located at 20 Roselawn Avenue Fairport, NY.
What is the asking price?
The asking price for this property is $895,000.
What are key features of this property?
This property features: Two‑unit duplex on the Erie Canal; 150 feet of canal frontage; 50‑foot dock for boats and kayaks
