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Rochester Triplex Investment Opportunity
For Sale
$224,900
Pending

41-43 Albemarle St, Rochester, NY 14613

Three-unit property near Lake Avenue with recent updates and parking.

Property Size3,775 SF
Lot Size0.15 Acres
Days on Market122

Property Features for 41-43 Albemarle St

General Information

Standard status Pending
Size 3,775 SF
Lot size 0.15 Acres
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $4,941

Building Details

Building Size 3,775 SF
Year Built 1907
Units 3
Listing Agency: Prudential Discover Real Estate
Listed By: Jennifer L. Powers · License #10401333318
Source: Elliman
Added: Apr 22 Changed: Aug 17 Last Checked: Aug 21 at 11:45AM

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 Prudential Discover Real Estate

Investment Insights

Based on property information with market context.

This 3,775 square foot multi-family property, located just off Lake Avenue in Rochester, presents a solid investment opportunity. Situated on a 0.15-acre lot, the three-story building contains three units and provides off-street parking suitable for multiple vehicles. The property features separate utilities, including three electric meters and two gas meters, along with two heating units that provide radiator heat and are approximately 5 years old. A recent roof was installed approximately 3 years ago. Additional features include a partially finished basement and a patio. The property is connected to city water and sewer services. The top unit is all-electric, while the bottom two units utilize both gas and electric. All three units are currently rented on a month-to-month basis. All appliances are included. The owner occupied the first-floor unit until relocation. The location has a bike score of 75, indicating it is very bikeable, a walk score of 55, indicating it is somewhat walkable, and a transit score of 42, indicating some transit options are available.

Key Highlights

  • Solid 3‑unit investment property in Rochester's 14613.
  • Off‑street parking for multiple vehicles.
  • Separate utilities: 3 electric meters and 2 gas meters.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency Parking Lot & Garage Skin Care Clinic Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

552
Businesses Nearby

Demographics for 14613, NY

14,882
Population
6,561
Households
2.3
Avg Household Size
31
Median Age
14%
College-Educated
77%
High-School Grad
1.9 sq mi
ZIP Area
7,833
Density / Sq Mi
$33,370
Median Household Income
$29,530
Median Earnings
$939
Median Rent
$108,200
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?
Triplex - Three-unit property near Lake Avenue with recent updates and parking.
Where is this triplex located?
The property is located at 41-43 Albemarle St Rochester, NY.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Solid 3‑unit investment property in Rochester's 14613.; Off‑street parking for multiple vehicles.; Separate utilities: 3 electric meters and 2 gas meters.
More about this property
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