About This Home

This 6-bedroom, 0-bathroom residential multi family at 363 Lake Avenue in Rochester, NY is listed for $279,900 ($46 per sqft). Built in 1900, the home offers 6,098 sqft of living space on a 0.25 acres lot.

Key Features

  • Built in 1900
  • 0.25 acre lot
  • 2 stories

Property Details

2 stories
1900

Amenities

Hardwood
Listing Description

Turnkey investment opportunity in the City of Rochester! This well-maintained 6-unit apartment building features six 1-bedroom, 1-bath units, offering strong income potential and flexibility for both investors and owner-occupants. Each unit offers a spacious layout with eat-in kitchens.

Currently, 4 units are rented, 1 is owner-occupied, and 1 unit is vacant and producing a monthly gross income of $2,900. Newer gutters, a newer roof, newer soffits, and some vinyl windows are a few of the updates you will find throughout the property. Whether you're looking to expand your portfolio or live in one unit while collecting rental income, this property presents a fantastic opportunity with built-in potential.

Monthly Cost Estimate

$1,497/mo

20% down · 6.5% · 30 years

Principal$202
Interest$1,213
Insurance$82

Estimates only. Actual payments may vary.

Location

363 Lake Avenue

Rochester, NY 14608

Phelps

Features & Amenities

Exterior Features

GravelDriveway

Property Details

Flooring

VinylVariesHardwoodLaminate

Construction

CompositeSiding

Outdoor Features

Porch

Parking

DrivewayGarage

Heating

Natural GasForced Air

Appliances

GasCooktopGasWaterHeaterRefrigerator

Questions & Answers

This 6-bedroom, 0-bathroom residential multi family at 363 Lake Avenue is listed at $279,900 ($46/sqft). The estimated monthly payment is $1,497 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.25 acre lot, 2 stories. Exterior Features: GravelDriveway.

This property is listed by Anthony C. Butera.

AB

Anthony C. Butera

License 10491209556

Agent at Keller Williams Realty Greater Rochester

Listed by Keller Williams Realty Greater Rochester · Broker phone: (585) 362-8900 · View on Broker Site · Broker website

MLS# R1664515· Source: New York State Alliance of MLSs, LLC· 216 days on PropertySimple

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

363 Lake Avenue, Rochester, NY 14608

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