Welcome to 481 Meigs Street (14607)! This classic three-family home offers excellent potential for long-term investment income. Located in the heart of Rochester’s highly desirable Pearl–Meigs–Monroe neighborhood, you’ll enjoy close proximity to local dining, shopping, and entertainment. The upper is a 1 bed, 1 bath unit is currently rented for $1,050/mo. The lower unit, also rented for $1,050 per month, is a 2 bed, 1 bath unit. The Studio is a short term rental and rented through Air BNB. Bookings are through June, but not beyond. This Studio comes fully furnished making it completely turnkey averaging 1260/mo. Additional features include a basement with coin-operated laundry for added income, newer roof, 3 newer furnaces, freshly painted exterior, gleaming hardwood floors throughout all units, 100 Amp services for each apartment, and designated off-street parking with 3.5 bay garage. The property also comes with a transferrable C of O. All appliances will convey with the sale. Don’t miss your chance to add this solid, income-producing property to your portfolio! Negotiations begin Wednesday, May 13th at 4:00 PM.
Multi-familyProperty Type
1900Year Built
5,600 sq ftLot Size
$130Price/Sq.Ft.
3 car garageParking
Listing by Scott Tantalo• Keller Williams Realty Greater Rochester
•585-758-8400 (broker)
•chuckhilbert@kw.com (broker)
Contact: 585-259-8627
Bought with Robert Piazza Palotto• High Falls Sotheby's International Realty
The R-2 Medium-Density Residential District provides a mix of housing choices. The inclusion of single-family residential, two-family residential and multifamily residential provides a diversity of housing choices while the bulk and density regulations maintain the lower-density scale of the neighborhoods. These residential areas are located proximate to neighborhood-scale shopping and service opportunities. The district requirements are intended to preserve, promote and protect a quality of urban residential living characterized by unobstructed front yards, pedestrian-scale streetscapes and buildings scaled and designed to be compatible with the neighborhood.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Office
Property details
Parking
Garage/Carport Information
Has Garage
# of Garage Spaces: 3
Parking
Features: Garage, See Remarks, Two Or More Spaces
Interior
Bathroom Information
# of Full Bathrooms: 3
Room Information
Has Basement
Basement Information: Full
Equipment
Appliances: Gas Water Heater
Interior Features
Flooring: Hardwood, Tile, Varies
Multi Unit Information
# Of Units Total: 3
# Of Units In Community: 3
# Of Separate Gas Meters: 3
# Of Separate Electric Meters: 3
Multi Unit Financial Information
Operating Expense Includes: Water/Sewer
Unit Type 1
Unit Description: Oven/ Range,Refrigerator,Eat-In Kitchen
# of Bedrooms: 2
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Total Rent: $1,050
Actual Rent: $1,050
Actual Rent Range: 1050
Unit is Leased
Unit Type 2
Unit Description: Oven/ Range,Refrigerator,Eat-In Kitchen
# of Bedrooms: 1
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Total Rent: $1,050
Actual Rent: $1,050
Actual Rent Range: 1050
Unit is Leased
Unit Type 3
Unit Description: Oven/ Range,Refrigerator,Dining Area With Living Room
# of Bathrooms Total: 1
# of Full Bathrooms: 1
Total Rent: $1,260
Actual Rent: $1,260
Actual Rent Range: 1260
Exterior
Building Information
Stories (Total): 2
Year Built Details: Existing
Construction Details: Wood Siding
Lot Information
Lot Size Area: 0.1286
Lot Size Acres: 0.1286
Lot Size Dimensions: 40X140
Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Road Frontage Type: City Street
Property Information
Resale
Financial
Assessments and Fees
Assessed Value: $293,000
Tax Information
Annual Tax Amount: $6,893
Rental Information
Owner Pays: Trash Collection, Water
Rent Includes: Trash Collection, Water
Utilities
Utility Information
Utilities: Sewer Connected, Water Connected
Sewer: Connected
Water Source: Connected, Public
Heating & Cooling
Has Heating
Heating: Gas, Forced Air
Public facts
Beds: 4
Baths: 3.0
Sq. Ft.: 2,192
Stories: 2.5
Lot Size: 5,600 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1900
Year Renovated: —
County: Monroe County
APN: 261400A12157000030390000000
Home facts updated by county records on Sep 1, 2026
Around this home
Schools
School 35 Pinnacle
Public PreK-6 • Assigned • 0.6mi
4/10
School Of The Arts
Public 7-12 • Assigned • 1.0mi
3/10
James Monroe High School
Public 9-12 • Assigned • 0.2mi
1/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Rochester, NY • 14607
Average low and high temperatures (°F)
29
19
32
19
50
30
58
40
66
48
79
60
84
66
79
60
75
55
62
45
49
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
81/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.3 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$286,000 – $347,000
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