Duplex with Detached
515 Humboldt St, Rochester, NY 14610
For Sale
$324,900
Two apartments have separate gas and electric meters, laundry facilities, and hot water tanks.
Property Size2,100 SF
Price / SF$154.71
Days on Market19
Property Features for 515 Humboldt St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Amenities
covered front porch
separate laundry facilities
storage areas
Building Details
Building Size
Year Built
Buildings
Listing Agency:
RE/MAX Plus
Listed By:
Angela N. Penkin · License NY 30PE0723374
(585) 279-8120
Source:
Griffith-realty
Added: Oct 22
Changed: Nov 5
Last Checked: Nov 8 at 3:43PM
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 Plus
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Investment Insights
Based on property information with market context.
Built in 1920, this upper-and-lower duplex contains two apartments totaling 2,100 square feet. The lower unit has two bedrooms, a full bath, living room, formal dining room, and kitchen. The upper unit includes one bedroom, a full bath, living and dining rooms, a kitchen, a sleeping porch, and a finished attic suite. Hardwood floors, natural woodwork, architectural details, and large windows contribute to the interior character.
A shared full basement includes storage and separate laundry facilities for each apartment. Separate gas and electric meters and hot water tanks serve the units. The property also has Payne high-efficiency furnaces installed in 2021 and thermal windows installed in 2023, covering 22 windows and both bays.
Outside, the property includes a covered front porch, a long driveway with off-street parking, and a detached two-car garage. It is in Rochester’s North Winton Village, near neighborhood shops, restaurants, parks, and everyday amenities.
A shared full basement includes storage and separate laundry facilities for each apartment. Separate gas and electric meters and hot water tanks serve the units. The property also has Payne high-efficiency furnaces installed in 2021 and thermal windows installed in 2023, covering 22 windows and both bays.
Outside, the property includes a covered front porch, a long driveway with off-street parking, and a detached two-car garage. It is in Rochester’s North Winton Village, near neighborhood shops, restaurants, parks, and everyday amenities.
Key Highlights
- Two‑apartment duplex with 2,100 square feet of living space
- Lower unit: 2 bedrooms, full bath, living room, formal dining room, and kitchen
- Upper unit: 1 bedroom, full bath, living and dining rooms, kitchen, sleeping porch, and finished attic suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,169
Cap Rate
7.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,380
$483.4K
Cap Rate 7%
$345,271
$345.3K
Cap Rate 9%
$268,544
$268.5K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$36.5K $17.40/SF
− Vacancy
−$2.0K −$0.96/SF
EGI
$34.5K $16.44/SF
− OpEx
−$10.4K −$4.93/SF
NOI
$24.2K $11.51/SF
Area
Rochester, NY
Vacancy
5.51%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$483,380
Cap Rate 7%
$345,271
Cap Rate 9%
$268,544
Alternative Uses
Best Use
Multifamily LT 5
$345.3K
$302.1K – $402.8K
NOI $24,169 @ 7.0% cap · market cap 7.44%
Second Best
Apartment 5plus
$307.8K
$269.3K – $359.1K
NOI $21,543 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$575.3K
$503.4K – $671.2K
NOI $40,270 @ 7.0% cap · market cap 12.39%
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
1,053
Businesses Nearby
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Business Placement
Demographics for 14610, NY
14,311
Population
7,823
Households
1.8
Avg Household Size
44
Median Age
66%
College-Educated
97%
High-School Grad
4.2 sq mi
ZIP Area
3,407
Density / Sq Mi
$83,260
Median Household Income
$60,448
Median Earnings
$1,181
Median Rent
$238,200
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Rochester, NY
Properties on Market for Duplexes in Rochester
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two apartments have separate gas and electric meters, laundry facilities, and hot water tanks.
Where is this duplex located?
The property is located at 515 Humboldt St Rochester, NY.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: Two‑apartment duplex with 2,100 square feet of living space; Lower unit: 2 bedrooms, full bath, living room, formal dining room, and kitchen; Upper unit: 1 bedroom, full bath, living and dining rooms, kitchen, sleeping porch, and finished attic suite
