363 Lake Ave

Baths
6,098 Sq. Ft.
$52 / Sq. Ft.
6,098
Sq. Ft.
$52
per Sq. Ft.

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. Whether you're looking to expand your portfolio or live in one unit while collecting rental...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. 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.
  1. Listed by Anthony C. Butera • Keller Williams Realty Greater Rochester
    P: (585)-758-8400 C: (585)-404-3841 abuterateam@gmail.com
  2. Listed by Peter Riccardi • Keller Williams Realty Greater Rochester
    P: (585)-758-8400 C: (585)-507-5721 peterriccardi@kw.com

Property Details for 363 Lake Avenue

Subdivision Comm Complex
Phelps
On Waterfront
No
Parking Description
Three Or More Spaces, No Garage, Shared Driveway
Nearest Cross Street
Phelps Ave
LISTING UPDATED: 03/26/2026 11:04 AM

Property Details for 363 Lake Avenue

StatusActive
MLS #R1664515
Days on Market3
Taxes$6,116 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Other
Year Built1900
Lot Size0.25 AC / 10,930 SF
CountyMonroe County

Location

Listing Courtesy of Keller Williams Realty Greater Rochester
Add your commute

Building Information for 363 Lake Avenue

Stories2Residences6Year Built1900Building Size-Lot Size0.25 AC / 10,930 SF

Payment Calculator

$2,062 per month

30 year fixed, 6.11% Interest

Principal and Interest

$1,553

Property Taxes

$510

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 363 Lake Avenue

Summary
Location and General Information
  • Elementary School District: Rochester
  • High School District: Rochester
  • Middle Or Junior School District: Rochester
  • Village: Not Applicable
  • Human YN: Yes
Parking
  • Garage Spaces per Apt: .00
  • Garage YN: No
Taxes and HOA Information
  • Area NYSWIS Code: Rochester City-261400
  • Tax Annual Amount: $6,116.00
Property
Lot Information
  • Building Area Total: 6098.0
  • Land Features: Irregular Lot, Near Public Transit, Residential Lot
  • Num Of Acres: 0.2509
  • Lot Size Area: 0.2509
  • Lot Size Square Feet: 10930.0
  • Lot Size Units: Acres
  • Parcel Number: 261400-105-520-0001-007-000-0000
  • Road Frontage: City Street
  • Lot Number: 7
Property and Assessments
  • Property Condition: Resale
  • Senior Community YN: No
  • Assessed Value: $165,000
  • Year Built: 1900
  • Year Built Description: Existing
  • Property Sub Type Additional: Other
Utilities
  • Electric Service: Circuit Breakers
  • Num Of Electric Meters: 7
  • Num Of Gas Meters: 7
  • Sewer Description: Connected
  • Utilities Available: Cable Available, Electricity Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Supply: Connected, Public
Interior and Exterior Features
Exterior Features
  • Community Features: None
  • Construction Materials: Composite Siding
  • Exterior Features: Gravel Driveway
  • Patio And Porch Features: Open, Porch
  • Roof Description: Asphalt
Interior Features
  • Appliances: Gas Cooktop, Gas Water Heater, Refrigerator
  • Basement Description: Full
  • Basement YN: Yes
  • Num Of Possible Bedrooms: 6
  • Num Fireplaces Total Calculated: 0
  • Fireplace YN: No
  • Floor Description: Hardwood, Laminate, Varies, Vinyl
  • Heating: Gas, Forced Air
  • Heating YN: Yes
  • Levels: Two
  • Sq Ft Total: 6098.0
  • Main Level Bathrooms: 0
  • Window Features: Thermal Windows
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Operating Expense Includes: Water Sewer
  • Stories: 2
  • Stories Total: 2
Rental
Rental Information
  • Rent Includes: Heat, Hot Water, Trash Collection

Property History for 363 Lake Avenue

DateEvent & SourcePriceAppreciation
Mar 25, 2026

Listed (Active)

WNYREIS #R1664515

$319,900
Apr 29, 2013

Sold

WNYREIS #R196614

$60,000
Apr 19, 2013

Sold (Public Record)

Public Record #351735035

$60,000

-5.9% / yr

Feb 8, 2013

Pending

WNYREIS #R196614

Nov 18, 2012

Listed (Active)

WNYREIS #R196614

$89,900
Oct 30, 2010

Sold

WNYREIS #R124036

$70,000
Oct 6, 2010

Sold (Public Record)

Public Record #299496011

$70,000
Aug 31, 2010

Pending

WNYREIS #R124036

Jul 26, 2010

Listed (Active)

WNYREIS #R124036

$90,000
DateEvent & SourcePrice
03/25/2026

Listed (Active)

WNYREIS #R1664515

$319,900
04/29/2013

Sold

WNYREIS #R196614

$60,000
04/19/2013

Sold (Public Record)

Public Record #351735035

$60,000

-5.9% / yr

02/08/2013

Pending

WNYREIS #R196614

11/18/2012

Listed (Active)

WNYREIS #R196614

$89,900
10/30/2010

Sold

WNYREIS #R124036

$70,000
10/06/2010

Sold (Public Record)

Public Record #299496011

$70,000
08/31/2010

Pending

WNYREIS #R124036

07/26/2010

Listed (Active)

WNYREIS #R124036

$90,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 363 Lake Avenue

Taxable ValueLand$22,000Additions$143,000Total$165,000
Tax Record2024$1,545 ($129 / month)
Home Facts
Total Finished SqFt3,972 SqFtAbove Grade Finished SqFt3,972 SqFtUnfinished Basement SqFt2,126 SqFtStories2Lot Size10,920 SqFtStyleMulti-Family Res (5+ Units)Year Built1900CountyMONROEAPN261400 105.52-1-7

Schools near 363 Lake Avenue

This home is within Rochester City School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - PK to 6
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
School 54 Flower City Community School
PublicPK to 6

School 5 John Williams
PublicPK to 6

School 17 Enrico Fermi
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

363 Lake Avenue is a multi-family home for sale in Rochester, NY 14608. This property was listed for sale on March 25, 2026 by Keller Williams Realty Greater Rochester, it's currently listed at $319,900. It has been on the market for a total of 3 days and was last sold on April 29, 2013. This listing's school district is Rochester City School District. Nearby schools include School 54 Flower City Community School, School 5 John Williams and Rochester Early College International High School. 363 Lake Avenue is a 6-bed, 0-bath, 6,098 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty Greater Rochester

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.