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11-Unit Brick Apartment Building
For Sale
$800,000

201 Lake Ave, Rochester, NY 14608

Three-story multifamily property with a balanced one-bedroom and studio mix, updated heating, and on-site coin-operated laundry.

Property Size8,167 SF
Days on Market8

Property Features for 201 Lake Ave

General Information

Standard status Active
Size 8,167 SF
Property subtype Investment

Units

Unit Mix 9 x 1BR, 2 x studio
Multifamily Units 11

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $15,955

Amenities

on-site laundry

Building Details

Building Size 8,167 SF
Year Built 1930
Stories 3
Units 11
Construction brick
Listing Agency: RE/MAX Realty Group
Listed By: Colleen M. Bracci · License #30BR1133356
Source: Elliman
Added: Sep 18 Changed: Sep 20 Last Checked: Sep 24 at 2:31PM

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.

This 11-unit brick apartment building at 201 Lake Ave comprises three floors with nine one-bedroom apartments and two studios. The third floor contains three one-bedroom units, while the second floor has four one-bedroom apartments and one studio. The first floor adds two one-bedroom units and another studio, with porch features on two of the apartments.

A boiler installed in 2023 serves the building, and the roof is approximately 15 years old. Residents have access to an on-site coin-operated laundry. Utility responsibilities vary by unit: Units 1-8 pay cooking gas while the landlord pays heat and electric; Units 9-11 pay their own gas and electric. The property has a Walk Score of 79, a Bike Score of 57, and a Transit Score of 46.

Key Highlights

  • 11‑unit brick building with 9 one‑bedroom apartments and 2 studios
  • Three‑floor layout with 3 units on the third floor, 5 on the second, and 3 on the first
  • Boiler installed in 2023

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office HVAC Service Skin Care Clinic Spa & Massage Center (Bike/Boat/Book/etc) Store Acupuncture

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

11
Residential units

Location Intelligence

Trade Area within ½ mile

1,120
Businesses Nearby

Demographics for 14608, NY

13,177
Population
6,935
Households
1.9
Avg Household Size
33
Median Age
24%
College-Educated
83%
High-School Grad
1.8 sq mi
ZIP Area
7,321
Density / Sq Mi
$39,537
Median Household Income
$36,065
Median Earnings
$898
Median Rent
$180,300
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 - Three-story multifamily property with a balanced one-bedroom and studio mix, updated heating, and on-site coin-operated laundry.
Where is this apartment building located?
The property is located at 201 Lake Ave Rochester, NY.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 11‑unit brick building with 9 one‑bedroom apartments and 2 studios; Three‑floor layout with 3 units on the third floor, 5 on the second, and 3 on the first; Boiler installed in 2023
More about this property
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