Active
6 beds6,098 sqft$46/sqft
363 Lake Ave, Rochester, NY 14608
Est: $1,992/moGet pre-approved
Multi FamilyProperty Type
0.25 acresLot Size
1900Year Built
$46/sq ftPrice 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. Newer gutters, a newer roof, newer soffits, and some vinyl windows are a few of the updates...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.
168 days on Market
  • Listed by: Anthony C. Butera 585.758.8400 abuterateam@gmail.com • Keller Williams Realty Greater Rochester
  • Listed by: Peter Riccardi 585.758.8400 peterriccardi@kw.com • Keller Williams Realty Greater Rochester
Last updated: 07/28/2026 09:07 AM • Source: WNYREIS, MLS#: R1664515

Location

Listing Courtesy of Keller Williams Realty Greater Rochester
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$1,992 per month

30 year fixed, 6.55% Interest

Principal and Interest

$1,423

Property Taxes

$569

HOA Dues

$0

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Property Information for 363 Lake Avenue

Property Details
  • Taxes: $6,831 / year
  • MLS Type: Multi Family / Other
  • Subdivision Comm Complex: Phelps
  • On Waterfront: No
  • Parking Description: Three Or More Spaces, No Garage, Shared Driveway
  • Nearest Cross Street: Phelps Ave
Building Information
  • Stories: 2
  • Residences: 6
  • Year Built: 1900
  • Lot Size: 0.25 AC / 10,930 SF
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: $6,831.00
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
Jul 28, 2026

Price Change

WNYREIS #R1664515

$279,900
Jul 28, 2026

Price Change

New York State Alliance of MLSs (Buffalo) #R1664515

$279,900
Jul 16, 2026

Price Change

WNYREIS #R1664515

$289,900
DateEvent & SourcePrice
07/28/2026

Price Change

WNYREIS #R1664515

$279,900
07/28/2026

Price Change

New York State Alliance of MLSs (Buffalo) #R1664515

$279,900
07/16/2026

Price Change

WNYREIS #R1664515

$289,900

For completeness, we 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 - 7 to 8
Public - 8 to 12
Public - PK to 6
Rating
School
Distance
School 54 Flower City Community School
PublicPK to 6

ANDREW A LANGSTON MIDDLE SCHOOL
Public7 to 8

Monroe Correctional Facility
Public8 to 12

School 5 John Williams
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.

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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 $279,900. It has been on the market for a total of 168 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, ANDREW A LANGSTON MIDDLE SCHOOL and Monroe Correctional Facility. 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 any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. 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.