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Residential Income Property with Updated Units
For Sale
$139,900
Pending

599 Portland Ave 595, Rochester, NY 14621

Two-family rental property with separate utilities and updated interiors for simplified, low-maintenance management.

Property Size2,367 SF
Days on Market84

Property Features for 599 Portland Ave 595

General Information

Standard status Pending
Size 2,367 SF
Property subtype Multi Family

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $4,060

Building Details

Building Size 2,367 SF
Year Built 1930
Units 3
Listing Agency: Revolution Real Estate
Listed By: Sarah Osman · License #10401339235
Source: Elliman
Added: Jun 1 Changed: Aug 8 Last Checked: Jul 23 at 8:47AM

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 Revolution Real Estate

Investment Insights

Based on property information with market context.

This residential income property is currently set up to generate $2,800 per month in rental income, with separate utilities for each unit to support straightforward expense management. The interior has been updated with modern finishes, providing a refreshed look intended to support tenant appeal and day-to-day maintainability.

Located in Rochester, New York on Portland Ave (ZIP 14621), the property also benefits from a somewhat walkable environment (walkScore: 68) and bikeable access (bikeScore: 59), with more limited transit options (transitScore: 37). For buyers following the current timeline, offers are due Thursday 5/28 at 6PM.

For investors seeking an income-producing multifamily with unit-level utility separation and interior updates already in place, this offering may fit a range of portfolio strategies. The combination of current rental income and lower-upkeep, modernized interiors can be appealing to operators looking to manage expenses more predictably while maintaining a clean, marketable presentation.

Key Highlights

  • Two‑family rental property built in 1930
  • Generates $2,800/month in rental income
  • Separate utilities for each unit to help simplify expense management

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Skin Care Clinic Building Supply Parking Lot & Garage

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

651
Businesses Nearby

Demographics for 14621, NY

32,891
Population
15,013
Households
2.2
Avg Household Size
35
Median Age
12%
College-Educated
76%
High-School Grad
4.1 sq mi
ZIP Area
8,022
Density / Sq Mi
$36,534
Median Household Income
$31,704
Median Earnings
$989
Median Rent
$83,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two-family rental property with separate utilities and updated interiors for simplified, low-maintenance management.
Where is this multifamily property located?
The property is located at 599 Portland Ave 595 Rochester, NY.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Two‑family rental property built in 1930; Generates $2,800/month in rental income; Separate utilities for each unit to help simplify expense management
More about this property
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