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7-Unit Apartment Property
For Sale
$625,000

366 Alexander St 366, Rochester, NY 14607

Two-building layout includes storage, coin-operated laundry, and eight parking spaces near East Avenue and Alexander Street.

Property Size7,719 SF
Days on Market9

Property Features for 366 Alexander St 366

General Information

Standard status Active
Size 7,719 SF
Total Parking Spaces 8
Property subtype Investment

Financials

Cap Rate 8.9%
Gross Income $80,688

Units

Unit Mix 4 x 1BR, 2 x studio, 1 x 2BR
Multifamily Units 7

Taxes and HOA fees

Annual Taxes $12,021

Amenities

coin-operated laundry
basement storage rooms

Building Details

Building Size 7,719 SF
Year Built 1900
Buildings 2
Stories 3
Units 7
Listing Agency: Hunt Real Estate ERA/Columbus
Listed By: John M. Denniston
Source: Elliman
Added: Sep 9 Changed: Sep 14 Last Checked: Sep 16 at 4:25PM

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 Hunt Real Estate ERA/Columbus

Investment Insights

Based on property information with market context.

This 7-unit apartment property includes a primary building with four one-bedroom apartments, two studio units, six basement storage rooms, and coin-operated laundry. A separate carriage house adds a two-bedroom apartment, creating a two-building residential configuration. The property also provides eight parking spaces.

The asset is positioned near East Avenue and Alexander Street, with access toward University Avenue on the south side of Alexander. Walk Score is 91, Bike Score is 77, and Transit Score is 52. Built in 1900, the property has been extensively improved and maintained by the contractor-owner since 2009. The reported cap rate is 8.9%.

Key Highlights

  • 7‑unit property across a primary building and detached carriage house
  • Unit mix includes four one‑bedroom apartments, two studios, and one two‑bedroom unit
  • Six basement storage rooms and coin‑operated laundry

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Veterinary Clinic Butcher Supermarket Garden Center

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

7
Residential units

Location Intelligence

Trade Area within ½ mile

3,051
Businesses Nearby

Demographics for 14607, NY

16,298
Population
11,971
Households
1.4
Avg Household Size
32
Median Age
60%
College-Educated
95%
High-School Grad
1.7 sq mi
ZIP Area
9,587
Density / Sq Mi
$56,270
Median Household Income
$44,018
Median Earnings
$1,129
Median Rent
$304,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

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

What type of property is this?
Apartment building - Two-building layout includes storage, coin-operated laundry, and eight parking spaces near East Avenue and Alexander Street.
Where is this apartment building located?
The property is located at 366 Alexander St 366 Rochester, NY.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 7‑unit property across a primary building and detached carriage house; Unit mix includes four one‑bedroom apartments, two studios, and one two‑bedroom unit; Six basement storage rooms and coin‑operated laundry
More about this property
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