For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Greece Duplex Investment Opportunity Title is generated by Realmo AI

    74 Stone Rd, Greece, NY 14616

    View on Map
    Claim this Listing
    For Sale
    $149,900

    Well-maintained duplex in Greece, NY with long-term tenants.

    Type:Multi Family
    Property size:
    1,024 SF
    Lot size:
    0.70 Acres
    Price / SF:
    $146/SF
    Added:
    Mar 25, 2026
    Days on Market:
    103
    Last Refresh:
    Mar 24 at 6:28 am

    Property Features for 74 Stone Rd

    General Information

    Standard status
    Active
    Size
    1,024 SF
    Lot size
    0.70 Acres
    Property subtype
    Multi Family

    Building Details

    Year Built
    1950

    We can help!

    Contact an agent
    Erin Duffy Kruss

    Listing office Keller Williams Realty Greater Rochester

    Listing date Mar 25, 2026

    Source Elliman

    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 Keller Williams Realty Greater Rochester

    HighLights

    • Income‑generating duplex with consistent rental history and long‑term tenants.
    • Zoned Neighborhood Business/Commercial, offering potential for additional commercial development.
    • One unit leased through May 31, 2026 at $975/month, providing secured income.
    • Recent tear‑off roof completed in 2022.
    • Convenient location near shopping, dining, and major roadways.
    • Suitable for investors or owner‑occupants.

    Overview

    Located in Greece, NY, this duplex at 74 Stone Road presents an investment opportunity. Constructed in 1950, the property features 1,024 square feet and includes two units, each with one bedroom and one bathroom. The property is currently occupied by long-term tenants. One unit is leased through May 31, 2026, at a rate of $975 per month, while the other is rented month-to-month for $860 per month. Tenants are responsible for RG&E, while the owner covers water, refuse, lawn maintenance, and snow removal. A tear-off roof was completed in 2022. Zoned Neighborhood Business/Commercial, the property offers the potential to build additional commercial structures, subject to approvals. The location provides convenient access to shopping, dining, and major roadways. The property is an income-generating property with long-term stability.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $17.8k $17.40
    − Vacancy −$982 −$0.96
    EGI $16.8k $16.44
    − OpEx −$5.1k −$4.93
    NOI $11.8k $11.51
    1,024 SF · lease $17.40/SF/yr · vacancy 5.51% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $168.4K
    $147.3K – $196.4K (±1% cap)
    NOI $11,785 @ 7.0% cap · market cap 7.86%
    Second Best
    Apartment 5plus
    $150.1K
    $131.3K – $175.1K (±1% cap)
    NOI $10,505 @ 7.0% cap · market cap 7.01%
    Theoretical Best
    Office A
    $280.5K
    $245.5K – $327.3K (±1% cap)
    NOI $19,636 @ 7.0% cap · market cap 13.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Morris Diana Physician

    Suggested Use

    Real Estate Agency Law Firm Dental Office Skin Care Clinic Accounting Firm Daycare Center Gym & Fitness Center Department Store Auto Parts Store Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greece
    County
    Monroe
    State
    New York
    Longitude
    -77.6321565
    Latitude
    43.2299229

    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in Greece, NY with long-term tenants.
    Where is this duplex located?
    The property is located at 74 Stone Rd Greece, NY.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: Income‑generating duplex with consistent rental history and long‑term tenants.; Zoned Neighborhood Business/Commercial, offering potential for additional commercial development.; One unit leased through May 31, 2026 at $975/month, providing secured income.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message