221-227 Spencer St, Rochester, NY 14608

Building Details

Year Built

1920

Listing agent Mark J. Palazzo Show Phone

Listing office m***@therichgroup.com Show Phone

Listing date Apr 21, 2026

Source Elliman

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 Mark J. Palazzo

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Overview

Located in Rochester's Edgerton neighborhood, this multifamily property at 221 Spencer Street presents an opportunity to acquire a five-unit asset. The property features a unit mix of four 2-bedroom apartments and one 1-bedroom apartment. All utilities are separately metered. The property generates $4,375 per month in gross rental income. A Certificate of Occupancy transfers with the sale and is valid through December 2028. Annual operating expenses are approximately $5,403 for taxes, $3,500 for insurance, $632 for water, and $832 for refuse. The property benefits from access to a regional renter base, major employers, and a strong education and medical economy within Monroe County. The location has a bike score of 69, indicating it is bikeable, a walk score of 77, indicating it is very walkable, and a transit score of 40, indicating some transit options are available.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Law Firm Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Rochester

County

Monroe

State

New York

Longitude

-77.6278558

Latitude

43.1651177

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FAQs

What type of property is this?

Apartment building - Five-unit multifamily property in Rochester's Edgerton neighborhood.

Where is this apartment building located?

The property is located at 221-227 Spencer St Rochester, NY.

What is the asking price?

The asking price for this property is $299,900.

What are key features of this property?

This property features: Income‑producing 5‑unit multifamily property generating $4,375/month in gross rental income.; Desirable unit mix: four 2‑bedroom apartments and one 1‑bedroom apartment.; All utilities are separately metered for streamlined management and expense control.