Side-by-Side Duplex with Private
For Sale
$249,999
39 Foster Street, Canandaigua, NY 14424
Each residence includes first-floor laundry and an updated full bathroom.
Property Size1,944 SF
Lot Size0.26 Acres
Price / SF$128.60
Days on Market11
Property Features for 39 Foster Street
General Information
Standard status
Active
Size
1,944 SF
Lot size
0.26 Acres
Property subtype
Duplex
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,371
Amenities
private patio
shared backyard
first floor laundry
Building Details
Building Size
1,944 SF
Year Built
1983
Stories
2
Listing Agency:
NORCHAR, LLC
Listed By:
Evan Schaefer · License #10301220657
(585) 337-1764
Source:
Griffith-realty
Added: Oct 20
Changed: Oct 25
Last Checked: Oct 28 at 4:51PM
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 NORCHAR, LLC
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Investment Insights
Based on property information with market context.
Built in 1983, this two-story duplex contains 1,944 square feet across two side-by-side residences. Each unit has two bedrooms, 1.5 bathrooms, first-floor laundry, and a private rear patio. The apartments share backyard space, and the property occupies a 0.26-acre lot.
The homes are five properties from Main Street, near its shopping, dining, and entertainment. Canandaigua Lake and its lakefront attractions are also nearby.
The homes are five properties from Main Street, near its shopping, dining, and entertainment. Canandaigua Lake and its lakefront attractions are also nearby.
Key Highlights
- Two side‑by‑side units, each with 2 bedrooms and 1.5 bathrooms
- 1,944 square feet in a two‑story building constructed in 1983
- Each unit has first‑floor laundry and an updated full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,191
Cap Rate
8.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,820
$443.8K
Cap Rate 7%
$317,014
$317.0K
Cap Rate 9%
$246,567
$246.6K
Market Conditions
NOI Build-Up for 1,944 SF
Gross rent
$43.9K $22.56/SF
− Vacancy
−$3.5K −$1.80/SF
EGI
$40.3K $20.76/SF
− OpEx
−$18.2K −$9.34/SF
NOI
$22.2K $11.42/SF
Area
Ontario County, NY
Vacancy
8.00%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$443,820
Cap Rate 7%
$317,014
Cap Rate 9%
$246,567
Alternative Uses
Best Use
Multifamily LT 5
$355.7K
$311.2K – $414.9K
NOI $24,896 @ 7.0% cap · market cap 9.96%
Second Best
Apartment 5plus
$317.0K
$277.4K – $369.9K
NOI $22,191 @ 7.0% cap · market cap 8.88%
Theoretical Best
Office A
$581.9K
$509.1K – $678.9K
NOI $40,731 @ 7.0% cap · market cap 16.29%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
963
Businesses Nearby
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Business Placement
Demographics for 14424, NY
28,353
Population
14,482
Households
2
Avg Household Size
48
Median Age
41%
College-Educated
94%
High-School Grad
129.5 sq mi
ZIP Area
219
Density / Sq Mi
$79,135
Median Household Income
$45,885
Median Earnings
$1,228
Median Rent
$250,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence includes first-floor laundry and an updated full bathroom.
Where is this duplex located?
The property is located at 39 Foster Street Canandaigua, NY.
What is the asking price?
The asking price for this property is $249,999.
What are key features of this property?
This property features: Two side‑by‑side units, each with 2 bedrooms and 1.5 bathrooms; 1,944 square feet in a two‑story building constructed in 1983; Each unit has first‑floor laundry and an updated full bathroom
