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Six-Unit Apartment Building
For Sale
$279,900

363 Lake Avenue, Rochester, NY 14608

MULTI_FAMILY - Rochester, NY

Property Size6,098 SF
Lot Size0.25 Acres
Price / SF$45.90
Days on Market138

Property Features for 363 Lake Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Rooms Bedroom 5, Bedroom 6, Bedroom 3, Bedroom 1, Basement, Bedroom 2, Bedroom 4
Parking features Driveway, Garage
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

Taxes and HOA fees

Tax Annual Amount 6831

Utilities

Heating system Forced Air, Natural Gas
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
Listing Agency: Keller Williams Realty Greater Rochester
Listed By: Anthony C. Butera · License #10491209556
Added: Mar 25 Changed: Aug 7 Last Checked: Aug 9 at 9:06PM
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.

Investment Insights

Based on property information with market context.

This well-maintained six-unit apartment building offers six one-bedroom, one-bath units with eat-in kitchens. The property has 4 units rented, 1 unit owner-occupied, and 1 unit currently vacant. Recent updates include newer gutters, a newer roof, newer soffits, and some vinyl windows. Interior finishes include laminate, vinyl, and hardwood flooring, and the building features natural gas forced-air heat.

The property sits on a 0.2509-acre lot with a total building area of 6,098 square feet. Exterior materials include composite siding, with an asphalt roof. Amenities include a porch, and parking is provided via a driveway and a garage. Water service is public.

The current unit features include appliances such as a gas cooktop, gas water heater, and refrigerator, supported by forced-air heating and natural gas utilities.

Key Highlights

  • Six one‑bedroom, one‑bath units with eat‑in kitchens
  • 4 units rented, 1 owner‑occupied, 1 unit vacant
  • 0.2509‑acre lot with 6,098 SF building area

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office HVAC Service Accounting Firm Skin Care Clinic (Bike/Boat/Book/etc) Store Real Estate Agency

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

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

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?
Apartment building - Well-maintained six-unit building with a mix of rented, owner-occupied, and vacant units, plus eat-in kitchens.
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: Six one‑bedroom, one‑bath units with eat‑in kitchens; 4 units rented, 1 owner‑occupied, 1 unit vacant; 0.2509‑acre lot with 6,098 SF building area
More about this property
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