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10-Unit Multifamily Investment
For Sale
Contact for pricing
Pending

884 Bay Street, Rochester, NY 14609

Turn-key 10-unit building with double-pane replacement windows, central natural gas steam heat, and separately metered apartments.

Property SizeContact for details
Days on Market136

Property Features for 884 Bay Street

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 10

Amenities

storage lockers
coin-operated laundry

Building Details

Tenancy Multi
Listing Agency: Tom Properties LLC Real Estate Investments
Listed By: Tom Salviski · License #New York, 10491201275
Source: Crexi
Added: Apr 10 Changed: Aug 10 Last Checked: Aug 22 at 6:37PM

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 Tom Properties LLC Real Estate Investments

Investment Insights

Based on property information with market context.

This 10-unit multifamily property is presented as a turn-key investment. The building features double-pane vinyl window replacements, a central natural gas steam boiler with computerized controls, and landlord-provided heat. Units are described as having hardwood floors, tile bathrooms, and all appliances. Each apartment has separately metered electric, with gas for cooking, while the house meter serves common area lighting. Tenant storage is supported by multiple storage lockers in the basement, and coin-op laundry is offered for tenant use.

Gross income is reported as $78,000. The property is managed by the current landlords’ staff member and is being offered as a potential 1031 exchange replacement.

Key Highlights

  • 10‑unit multifamily building with $78,000 gross income
  • All windows replaced with double‑pane vinyl replacement windows
  • Central natural gas steam boiler provides heat; landlord responsible for heat

Property Analytics

Current Use

1031 exchange properties

Suggested Use

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

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

10
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

696
Businesses Nearby

Demographics for 14609, NY

41,329
Population
19,404
Households
2.1
Avg Household Size
37
Median Age
33%
College-Educated
88%
High-School Grad
7.4 sq mi
ZIP Area
5,585
Density / Sq Mi
$61,933
Median Household Income
$42,046
Median Earnings
$1,122
Median Rent
$144,500
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?
Apartment building - Turn-key 10-unit building with double-pane replacement windows, central natural gas steam heat, and separately metered apartments.
Where is this apartment building located?
The property is located at 884 Bay Street Rochester, NY.
What are key features of this property?
This property features: 10‑unit multifamily building with $78,000 gross income; All windows replaced with double‑pane vinyl replacement windows; Central natural gas steam boiler provides heat; landlord responsible for heat
More about this property
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