5-Unit Multifamily
For Sale
Contact for pricing
221 Spencer St, Rochester, NY 14608
Five apartments include four two-bedroom units and one one-bedroom unit, with separately metered utilities.
Property Size5,000 SF
Price / SF$55.98
Days on Market135
Property Features for 221 Spencer St
General Information
Standard status
Active
Size
5,000 SF
Class
C
Property subtype
Multifamily
Zoning
Multifamily
Occupancy
100%
Investment Type
Stabilized
Net Operating Income
$42,000
Units
Unit Mix
4 x 2BR, 1 x 1BR
Multifamily Units
5
Additional Details
Gross Income
$52,500
Utilities to Site
Yes
Building Details
Year Built
1920
Year Renovated
2023
Buildings
1
Units
1
Listing Agency:
Rich Realty
Listed By:
Mark Palazzo · License #NY 10491202853
Source:
Crexi
Added: Apr 20
Changed: Aug 31
Last Checked: Aug 31 at 1:08PM
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 Rich Realty
Investment Insights
Based on property information with market context.
Located at 221 Spencer Street in Rochester’s Edgerton neighborhood, this 5,000-square-foot multifamily property was built in 1920 and contains five apartments. The unit composition includes four two-bedroom residences and one one-bedroom residence, providing a defined mix within the building. Utilities are separately metered for each apartment, supporting straightforward allocation of utility responsibilities.
The property is zoned Multifamily, and its Certificate of Occupancy transfers with the sale and remains valid through December 2028. The asset is positioned in Rochester, NY, with the building’s established residential configuration already in place.
The property is zoned Multifamily, and its Certificate of Occupancy transfers with the sale and remains valid through December 2028. The asset is positioned in Rochester, NY, with the building’s established residential configuration already in place.
Key Highlights
- Five‑unit multifamily property with four 2‑bedroom apartments and one 1‑bedroom apartment
- 5,000‑square‑foot building constructed in 1920
- Utilities are separately metered for each apartment
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,207
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Five apartments include four two-bedroom units and one one-bedroom unit, with separately metered utilities.
Where is this apartment building located?
The property is located at 221 Spencer St Rochester, NY.
What is the asking price?
The asking price for this property is $279,900.
What are key features of this property?
This property features: Five‑unit multifamily property with four 2‑bedroom apartments and one 1‑bedroom apartment; 5,000‑square‑foot building constructed in 1920; Utilities are separately metered for each apartment
