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4-Unit Renovation Quadplex

371 Parsells Avenue 367, Rochester, NY 14609

For Sale
$80,000

The four apartments include two two-bedroom units and two three-bedroom units, with separate utilities.

Property Size5,458 SF
Days on Market9

Property Features for 371 Parsells Avenue 367

General Information

Standard status Active
Size 5,458 SF
Property subtype Multi Family

Property Condition

Severity Major Repairs Needed
Evidence fire damage

Site & Location

Neighborhood Beechwood

Units

Unit Mix 2 x 2BR, 2 x 3BR
Multifamily Units 4
Individually Metered Utilities unspecified utilities

Taxes and HOA fees

Annual Taxes $7,705

Building Details

Building Size 5,458 SF
Year Built 1915
Listing Agency: RE/MAX Realty Group
Listed By: Colleen M. Bracci · License NY 30BR1133356
Source: Highfallssir
Added: Nov 1 Changed: Nov 5 Last Checked: Nov 8 at 1:53PM

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 RE/MAX Realty Group

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Investment Insights

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Built in 1915, this four-unit property includes two two-bedroom apartments and two three-bedroom apartments, each with separate utilities. Fire damage affects the left side, including the first-floor apartment and smoke and water damage to the unit above; the fire did not fully penetrate the second floor or attic. The two other apartments are in fair condition. Furnaces are older, and copper plumbing has been removed.

Exterior work completed approximately seven years ago included a tear-off roof, vinyl siding and thermopane windows. The roof appears to be in good condition, with fire damage limited to one area of siding. A water line was installed in 2022. City records show a Certificate of Occupancy expiration date of January 2027; the buyer should verify its status and any requirements related to the fire.

Key Highlights

  • Four apartments: two two‑bedroom and two three‑bedroom units
  • Separate utilities for each apartment
  • Fire damage affects the left side, including the first‑floor unit and smoke and water damage to the apartment above

Property Analytics

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Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

774
Businesses Nearby

Demographics for 14609, NY

41,329
Population
19,404
Households
2.1
Avg Household Size
37
Median Age
33%
College-Educated
88%
High-School Grad
7.4 sq mi
ZIP Area
5,585
Density / Sq Mi
$61,933
Median Household Income
$42,046
Median Earnings
$1,122
Median Rent
$144,500
Median Home Value
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Market

Average Price Trend$/SF for Quadplexes in Rochester, NY

$54.02 Jul
$49.15 Aug
$58.53 Sep
$55.36 Oct

Properties on Market for Quadplexes 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?
Quadplex - The four apartments include two two-bedroom units and two three-bedroom units, with separate utilities.
Where is this quadplex located?
The property is located at 371 Parsells Avenue 367 Rochester, NY.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: Four apartments: two two‑bedroom and two three‑bedroom units; Separate utilities for each apartment; Fire damage affects the left side, including the first‑floor unit and smoke and water damage to the apartment above
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