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Six-Unit Apartment Building

363 Lake Avenue, Rochester, NY 14608

For Sale
$279,900

MultiFamily, Rochester, NY

Property Size6,098 SF
Lot Size0.25 Acres
Price / SF$45.90
Days on Market230

Property Features for 363 Lake Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Rooms Bedroom 6, Bedroom 5, Bedroom 1, Bedroom 4, Basement, Bedroom 3, Bedroom 2
Parking features Garage, Driveway
Patio and Porch features Porch
Exterior features GravelDriveway
Appliances GasCooktop, GasWaterHeater, Refrigerator
Subdivision Phelps
Lot features Irregular Lot, Near Public Transit, Residential Lot
Elementary school district Rochester
Middle school district Rochester
High school district Rochester
Directions Property is located on the west side of Lake Avenue, just south of Phelps Avenue.
Standard status Active
APN 261400-105-520-0001-007-000-0000
Size 6,098 SF
Lot size 0.25 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 6831

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Year built 1900
Floors in Building 2
Number of units 6
Flooring type Vinyl, Varies, Laminate, Hardwood
Building materials CompositeSiding
Roof type Asphalt
Buildings 1
Listing Agency: Keller Williams Realty Greater Rochester
Listed By: Anthony C. Butera · License NY #10491209556
Added: Mar 25 Changed: Oct 30 Last Checked: Nov 9 at 11:06AM
MLS# R1664515

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 6,098-square-foot apartment building contains six one-bedroom, one-bath units on a 0.2509-acre lot. The property includes eat-in kitchens, a basement, porch, garage, and driveway parking. Interior finishes include hardwood, laminate, and vinyl flooring, while heating is provided by natural gas forced air. Appliances include gas cooktops, gas water heaters, and refrigerators.

The building dates to 1900 and is located in Rochester, NY. Exterior improvements include a newer asphalt roof, newer gutters, newer soffits, and some vinyl windows. Four units are rented, one is owner-occupied, and one is vacant. Public water serves the property, which has composite siding and a gravel driveway.

Key Highlights

  • 6,098‑square‑foot apartment building on a 0.2509‑acre lot
  • Six 1‑bedroom, 1‑bath apartment units
  • Four units rented, one owner‑occupied, and one vacant

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

908
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Rochester, NY

$73.25 Jul
$80.38 Aug
$78.21 Sep
$73.47 Oct

Properties on Market for Apartment buildings in Rochester

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?
Apartment building - Well-maintained multifamily property with updated exterior components, varied flooring, and convenient access to a garage and driveway.
Where is this apartment building located?
The property is located at 363 Lake Avenue 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: 6,098‑square‑foot apartment building on a 0.2509‑acre lot; Six 1‑bedroom, 1‑bath apartment units; Four units rented, one owner‑occupied, and one vacant
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