Fully Occupied Duplex
For Sale
$114,900
556 Tremont St, Rochester, NY 14611
Fully occupied duplex producing $1,870 monthly gross rent with two leased units in place.
Property Size2,070 SF
Days on Market68
Property Features for 556 Tremont St
General Information
Standard status
Active
Size
2,070 SF
Property subtype
Multi Family
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$2,615
Building Details
Building Size
2,070 SF
Year Built
1920
Units
2
Tenancy
Multi
Listing Agency:
Updegraff Group LLC
(585) 314-9790
Listed By:
Mark C. Updegraff · License #10491205428
(585) 314-9790
Source:
Elliman
Added: Jun 14
Changed: Aug 8
Last Checked: Aug 20 at 9:34AM
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 Updegraff Group LLC
Investment Insights
Based on property information with market context.
This fully occupied duplex at 556 Tremont St, Rochester, NY 14611, is set up as a two-unit rental property with both units currently leased. According to the provided information, the property generates $1,870 per month in gross rental income, with the units rented at $975 and $895 per month. The arrangement offers an immediately income-producing structure for an owner looking to add a duplex to an existing portfolio or begin building one.
The property is described as conveniently located near shopping, schools, parks, public transportation, and major commuter routes, which can support tenant convenience and day-to-day accessibility. Walkability and transit metrics were also provided in the remarks, including a walkScore of 86 (very walkable), bikeScore of 78 (very bikeable), and a transitScore of 40 (some transit).
From an ownership and underwriting perspective, this duplex presents a straightforward, currently leased setup with stable occupancy based on the information provided. Please note that delayed negotiations are scheduled until June 16, 2026 at 11:00 AM. The seller is offering the property individually or as part of a larger Rochester investment portfolio that includes multiple income-producing and value-add properties throughout the city.
The property is described as conveniently located near shopping, schools, parks, public transportation, and major commuter routes, which can support tenant convenience and day-to-day accessibility. Walkability and transit metrics were also provided in the remarks, including a walkScore of 86 (very walkable), bikeScore of 78 (very bikeable), and a transitScore of 40 (some transit).
From an ownership and underwriting perspective, this duplex presents a straightforward, currently leased setup with stable occupancy based on the information provided. Please note that delayed negotiations are scheduled until June 16, 2026 at 11:00 AM. The seller is offering the property individually or as part of a larger Rochester investment portfolio that includes multiple income-producing and value-add properties throughout the city.
Key Highlights
- Fully occupied duplex built in 1920 with two leased units
- Generates $1,870 per month in gross rental income
- Current unit rents: $975 and $895 per month
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,134
Businesses Nearby
Explore this area
Business Placement
Demographics for 14611, NY
18,586
Population
8,292
Households
2.2
Avg Household Size
32
Median Age
12%
College-Educated
80%
High-School Grad
2.9 sq mi
ZIP Area
6,409
Density / Sq Mi
$29,870
Median Household Income
$27,109
Median Earnings
$1,024
Median Rent
$77,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied duplex producing $1,870 monthly gross rent with two leased units in place.
Where is this duplex located?
The property is located at 556 Tremont St Rochester, NY.
What is the asking price?
The asking price for this property is $114,900.
What are key features of this property?
This property features: Fully occupied duplex built in 1920 with two leased units; Generates $1,870 per month in gross rental income; Current unit rents: $975 and $895 per month
