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Updated Duplex with In-Unit Laundry

36 South Ave, Webster, NY 14580

For Sale
$349,900
Pending

Two residential units offer in-unit laundry and a range of recent building and appliance improvements.

Property Size2,088 SF
Days on Market53

Property Features for 36 South Ave

General Information

Standard status Pending
Size 2,088 SF
Property subtype Multi Family

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $7,343

Building Details

Building Size 2,088 SF
Year Built 1860
Stories 2
Units 2
Listing Agency: Keller Williams Realty Greater Rochester
Listed By: Laura Pfleuger · License #10401351575
Source: Elliman
Added: Sep 18 Changed: Nov 7 Last Checked: Nov 8 at 6:20AM

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 Keller Williams Realty Greater Rochester

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Investment Insights

Based on property information with market context.

This two-family duplex at 36 South Ave includes in-unit laundry in both residences and has received extensive updates. Improvements include a roof replaced in 2022 with a transferable warranty, rear-unit stair replacement in 2022, a new sump pump in 2023, properly vented dryer vents and exhaust fans in 2024, and a water heater installed in 2024. Flooring was updated throughout in 2024, while the front and rear porch stairs were replaced in 2025. The rear unit also includes a new dishwasher installed in 2025, along with additional appliance, plumbing, and electrical improvements.

The property is in Webster Village, near shops, restaurants, parks, and everyday conveniences. It offers a two-residence configuration with updates spanning major building systems, interior finishes, safety-related ventilation, and appliances.

Key Highlights

  • Two‑family duplex with in‑unit laundry in each residence
  • Roof replaced in 2022 with transferable warranty
  • Rear‑unit interior stairs replaced in 2022

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,464
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,280 $389.3K
Cap Rate 7%
$278,057 $278.1K
Cap Rate 9%
$216,267 $216.3K
Market Conditions
NOI Build-Up for 2,088 SF
Gross rent
$28.8K $13.80/SF
− Vacancy
−$1.0K −$0.48/SF
EGI
$27.8K $13.32/SF
− OpEx
−$8.3K −$4.00/SF
NOI
$19.5K $9.32/SF
Area
Monroe County, NY
Vacancy
3.50%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$389,280
Cap Rate 7%
$278,057
Cap Rate 9%
$216,267

Alternative Uses

Best Use
Multifamily LT 5
$278.1K
$243.3K – $324.4K (±1% cap)
NOI $19,464 @ 7.0% cap · market cap 5.56%
Second Best
Apartment 5plus
$251.2K
$219.8K – $293.0K (±1% cap)
NOI $17,581 @ 7.0% cap · market cap 5.02%
Theoretical Best
Specialty Retail
$400.8K
$350.7K – $467.6K (±1% cap)
NOI $28,058 @ 7.0% cap · market cap 8.02%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

836
Businesses Nearby

Demographics for 14580, NY

54,148
Population
24,355
Households
2.2
Avg Household Size
46
Median Age
45%
College-Educated
96%
High-School Grad
42.6 sq mi
ZIP Area
1,271
Density / Sq Mi
$95,499
Median Household Income
$58,150
Median Earnings
$1,387
Median Rent
$253,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Monroe County, NY

$68.02 Jul
$67.78 Aug
$82.03 Sep
$84.82 Oct

Properties on Market for Duplexes in Monroe County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer in-unit laundry and a range of recent building and appliance improvements.
Where is this duplex located?
The property is located at 36 South Ave Webster, NY.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Two‑family duplex with in‑unit laundry in each residence; Roof replaced in 2022 with transferable warranty; Rear‑unit interior stairs replaced in 2022
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