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.