4-Unit Residential Income
272 Linden Street Rochester, NY 14620
272 Linden Street, Rochester, NY, 14620
$499,000
For Sale
$499,000
Four turnkey units, including one studio and three one-bedrooms, with updated kitchens, systems, and remaining roof life.
Property Size4,418 SF
Price / SF$112.95
Days on Market65
Property Features for 272 Linden Street
General Information
- Standard status
- Active
- Size
- 4,418 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1920
Listing agency
Agency 1 LLC
(585) 721-9410
Listed by
Bryan Brooks
Source
Xome
Added: May 18 Updated: Jul 21 at 1:01AM Checked: Jul 21 at 3:06AM
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 Agency 1 LLC
Investment Insights
Based on property information with market context.
This four-unit residential income property includes one studio and three one-bedroom apartments, all presented as turnkey and ready for occupancy. Updates throughout the building are noted, including updated kitchens, mechanicals, and roofing with plenty of life remaining.
The property is located in the historic South Wedge neighborhood of Rochester, New York, and offers off-street parking for residents.
With its current unit mix and documented interior and major component updates, the building is positioned for buyers seeking a straightforward, income-producing multifamily asset.
The property is located in the historic South Wedge neighborhood of Rochester, New York, and offers off-street parking for residents.
With its current unit mix and documented interior and major component updates, the building is positioned for buyers seeking a straightforward, income-producing multifamily asset.
Key Highlights
- 4‑unit property built in 1920 in the South Wedge neighborhood: 1 studio and 3 one‑bedroom units
- Interior features include hardwood flooring, gas cooling, and heating
- Updates throughout the property include updated kitchens and building systems
Local Financial Insights For Apartment 5plus
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 | $87.5k | $19.80 |
| − Vacancy | −$5.1k | −$1.15 |
| EGI | $82.4k | $18.65 |
| − OpEx | −$37.1k | −$8.39 |
| NOI | $45.3k | $10.26 |
4,418 SF · lease $19.80/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$726.4K
$635.6K – $847.4K
NOI $50,846 @ 7.0% cap · market cap 10.19%
Second Best
Apartment 5plus
$647.5K
$566.5K – $755.4K
NOI $45,322 @ 7.0% cap · market cap 9.08%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,720 @ 7.0% cap · market cap 16.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four turnkey units, including one studio and three one-bedrooms, with updated kitchens, systems, and remaining roof life.
Where is this quadplex located?
The property is located at 272 Linden Street Rochester, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 4‑unit property built in 1920 in the South Wedge neighborhood: 1 studio and 3 one‑bedroom units; Interior features include hardwood flooring, gas cooling, and heating; Updates throughout the property include updated kitchens and building systems
