75 Alexander St Rochester, NY 14620
South Wedge NeighborhoodEstimated payment $2,646/month
Highlights
- Property is near public transit
- 2 Fireplaces
- Forced Air Heating System
- Wood Flooring
- Covered Patio or Porch
- 1-minute walk to Nathaniel Square Park
About This Home
Turnkey investment opportunity with a decade-long track record of zero vacancy. Currently rented as a combined unit at $3,850/month. $46,200 gross annual revenue with operating expenses of approximately $11,910/year and an NOI of $34,290, delivering a 9.8% cap rate at the $349,900 list price. New 12-month lease commences July 1st. Income begins immediately. Major capital improvements already completed: all-new electrical service, meters, riser, and panels (2022); high-efficiency furnace - Downstairs Unit (2022); two new water heaters (2023); all-new exterior doors (2022); multiple new windows (2022). Reliable boiler in place - Upstairs Unit. Maintenance-free vinyl siding exterior. Parking for 10+ vehicles. Additional third-floor space offers expansion potential and development upside. Current owner has operated this property with zero lost rent for over ten years. The systems are sound, the tenants are stable, and the income is real. No Delayed Negotiations.
Listing Agent
Listing by Canalside Realty LLC License #10491210763 Listed on: 06/04/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,120
Year Built
- Built in 1920
Lot Details
- 7,457 Sq Ft Lot
- Lot Dimensions are 41x181
- Rectangular Lot
Home Design
- Block Foundation
- Vinyl Siding
Interior Spaces
- 2,784 Sq Ft Home
- 2-Story Property
- 2 Fireplaces
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 7 Bedrooms
Utilities
- Forced Air Heating System
- Radiator
- Heating System Uses Gas
- Gas Water Heater
Additional Features
- Covered Patio or Porch
- Property is near public transit
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 261400-121-560-0002-003-000-0000
Community Details
Overview
- 2 Units
- Williams Tr Subdivision
Building Details
- 2 Separate Gas Meters
- Operating Expense $11,910
- Gross Income $46,200
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,634 | $292,300 | $14,300 | $278,000 |
| 2024 | $2,634 | $292,300 | $14,300 | $278,000 |
| 2023 | $2,543 | $217,800 | $6,800 | $211,000 |
| 2022 | $2,596 | $217,800 | $6,800 | $211,000 |
| 2021 | $2,612 | $217,800 | $6,800 | $211,000 |
| 2020 | $2,157 | $217,800 | $6,800 | $211,000 |
| 2019 | $2,813 | $160,000 | $6,800 | $153,200 |
| 2018 | $4,100 | $160,000 | $6,800 | $153,200 |
| 2017 | $5,623 | $160,000 | $6,800 | $153,200 |
| 2016 | $2,051 | $160,000 | $6,800 | $153,200 |
| 2015 | -- | $110,000 | $6,800 | $103,200 |
| 2014 | -- | $110,000 | $6,800 | $103,200 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/07/2026 06/07/26 | Pending | -- | -- | -- | |
| 06/04/2026 06/04/26 | For Sale | $349,900 | +90.9% | $126 / Sq Ft | |
| 02/05/2015 02/05/15 | Sold | $183,300 | -8.3% | $66 / Sq Ft | View Prior Sale |
| 12/08/2014 12/08/14 | Pending | -- | -- | -- | |
| 10/24/2014 10/24/14 | For Sale | $199,900 | -- | $72 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $183,330 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Bargain Sale Deed | $87,500 | None Available | |
| Foreclosure Deed | $134,016 | None Available | |
| Deed | $89,000 | Crossroads Title | |
| Deed | $89,000 | -- | |
| Deed | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $137,497 | New Conventional | |
| Previous Owner | $116,000 | Purchase Money Mortgage | |
| Previous Owner | $84,550 | New Conventional | |
| Previous Owner | $84,550 | New Conventional |
Source: Upstate New York Real Estate Information Services (UNYREIS)
MLS Number: R1687111
APN: 261400-121-560-0002-003-000-0000
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