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Listed price in listed location currency (USD).
$397,000

300

MLS® R1656304

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 4672 sqft
Garage Yes
HOA Fees 
Taxes $5,271
Days Active 58
Approx. Age 1925
Avg. Price Per Sqft $84
MLS® Number R1656304

Property Address: 91 Wellington Ave, Rochester, NY, 14611-3052

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberR1656304
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageYes
Approx. Age1925
Stories3
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 5, 2026List Date
$397,000List Price
  • Commute

Commute

Starting Address
Destination Address
91 Wellington Ave, Rochester, NY

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