Wellington Apartments 91 Wellington Ave Immeuble residentiel 6 lots 342 559 € (57 093 €/Lot) Taux de capitalisation 14,60 % Rochester, NY 14611

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