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535 Parsells Ave 12 Unit Apartment Building $895,000 ($74,583/Unit) 8% Cap Rate Rochester, NY 14609

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EXECUTIVE SUMMARY

Strong 12-unit asset in established neighborhood
Stable rental income with $113,088 annual revenue
71,769 potential Net Operating Income
Well-maintained classic brick construction
Value-add potential through unit upgrades
Multiple shopping and recreational amenities nearby

ATTACHMENTS

parsells_ave_OM

PROPERTY FACTS

Price $895,000
Price Per Unit $74,583
Sale Type Investment
Cap Rate 8%
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.29 AC
Building Size 9,208 SF
No. Stories 2
Year Built 1920
Parking Ratio 1.63/1,000 SF

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 12 - -
Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
261400-107-550-0003-048-000-0000
Land Assessment
$37,900
Improvements Assessment
$400,100
Total Assessment
$438,000
  • Listing ID: 38392450

  • Date on Market: 11/10/2025

  • Last Updated:

  • Address: 535 Parsells Ave, Rochester, NY 14609

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