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Remodeled Duplex with Separate Utilities
New
For Sale
$249,900

239 Farmington Rd, Rochester, NY 14609

Well-maintained two-unit property with updated kitchens and bathrooms, separate utilities, and documented occupancy approval through May 2030.

Property Size1,592 SF
Days on Market5

Property Features for 239 Farmington Rd

General Information

Standard status Active
Size 1,592 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $5,980

Building Details

Building Size 1,592 SF
Year Built 1927
Buildings 1
Units 2
Tenancy Multi
Listing Agency:
Listed By: Rebecca L Zuber
Source: Elliman
Added: Aug 1 Changed: Aug 2 Last Checked: Aug 4 at 10:45AM

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 Rebecca L Zuber

Investment Insights

Based on property information with market context.

This two-unit residential income property was built in 1927 and has been maintained with significant interior updates. Both units feature remodeled kitchens and bathrooms, while additional improvements include many new vinyl windows, a high-efficiency furnace, and a hot water tank installed in 2021. Separate utilities support independent metering for the units.

The property is located at 239 Farmington Rd in Rochester, NY, near the Culver, Merchants, and North Winton Village neighborhoods. WalkScore is 67, BikeScore is 65, and TransitScore is 41, reflecting walkable and bikeable surroundings with some transit access. A Certificate of Occupancy is in place through May 2030.

Key Highlights

  • Two‑unit property built in 1927
  • Remodeled kitchens and bathrooms in both units
  • Separate utilities for the two units

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $27.7k $17.40
− Vacancy −$1.5k −$0.96
EGI $26.2k $16.44
− OpEx −$7.9k −$4.93
NOI $18.3k $11.51
1,592 SF · lease $17.40/SF/yr · vacancy 5.51% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$261.7K
$229.0K – $305.4K (±1% cap)
NOI $18,322 @ 7.0% cap · market cap 7.33%
Second Best
Apartment 5plus
$233.3K
$204.1K – $272.2K (±1% cap)
NOI $16,331 @ 7.0% cap · market cap 6.54%
Theoretical Best
Office A
$436.1K
$381.6K – $508.8K (±1% cap)
NOI $30,528 @ 7.0% cap · market cap 12.22%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Restaurant Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

384
Businesses Nearby

Demographics for 14609, NY

41,329
Population
19,404
Households
2.1
Avg Household Size
37
Median Age
33%
College-Educated
88%
High-School Grad
7.4 sq mi
ZIP Area
5,585
Density / Sq Mi
$61,933
Median Household Income
$42,046
Median Earnings
$1,122
Median Rent
$144,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained two-unit property with updated kitchens and bathrooms, separate utilities, and documented occupancy approval through May 2030.
Where is this duplex located?
The property is located at 239 Farmington Rd Rochester, NY.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two‑unit property built in 1927; Remodeled kitchens and bathrooms in both units; Separate utilities for the two units
More about this property
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