91 Wellington Ave - Multi-Family FOR SALE


Rochester, NY 14611- 19th Ward
$397,000 USD
845-654-5327
91 Wellington Ave, Rochester, NY for Sale
$397,000 USD
Multi-Family - FOR SALE
1/19
null | 14.6% Cap Rate

91 Wellington Ave
Rochester, NY 14611
19th Ward


OVERVIEW

High-Yield 6-Unit Multifamily | ~14.6% Cap | Strong Cash Flow | Rochester, NY 91 Wellington Avenue is a stabilized 6-unit multifamily property located in Rochester, New York, offering strong in-place cash flow at a compelling basis. The property consists of 3 studios, 2 one-bedroom units, and 1 two-bedroom unit, supported by 8 total bathrooms, allowing for functional layouts and tenant flexibility. The building generates $69,600 in annual gross rent with a Net Operating Income of approximately $58,023, translating to an attractive ~14.6% cap rate at the $397,000 asking price. Expenses are straightforward and conservative, with tenants paying all utilities except water. This asset is well-suited for investors seeking immediate yield, stable income, and long-term upside in a proven rental market. Current rents are in line with local demand, and the property is operating without reliance on aggressive assumptions or future rent growth. Ideal for buy-and-hold investors, 1031 exchange buyers, or operators looking for a strong cash-flowing asset in an affordable Northeast market. Property Highlights: 6 units total 3 Studios | 2 One-Bedrooms | 1 Two-Bedroom 8 Bathrooms $69,600 Gross Annual Rent Asking Price: $397,000

FOR SALE DETAILS

PRICE

$397,000 USD

PRICE/SF

$83 USD /SF

# OF UNITS

6

PRICE/UNIT

$66,167

CAP RATE

14.6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wellington Apartments

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

261400-120-570-0003-002-000-0000

ASK ABOUT THIS PROPERTY

Richard PurdyPurdyMore Info
845-654-5327

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Richard PurdyPurdyMore Info
845-654-5327

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.