91 Wellington AVE W, Rochester, NY 14611
91 Wellington AVE W, Rochester, NY 14611
91 Wellington AVE W, Rochester, NY 14611
Additional details
Jacqueline Davis

Jacqueline Davis

+1(585) 880-8362
$397,000
Est. payment /mo
3 Beds
4,672 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Other

Listing Status Pending

Purchase Type For Sale

Square Footage 4,672 sqft

Price per Sqft $84

Subdivision Hawthorne Terrace

MLS Listing ID R1656304

Bedrooms 3

Construction Status Existing

HOA Y/N No

Year Built 1925

Annual Tax Amount $5,271

Lot Size 9,260 Sqft

Acres 0.2126

Lot Dimensions 62X149

Property Sub-Type Other

Property 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.

Location

State NY

County Monroe

Community Hawthorne Terrace

Area Rochester City-261400

Direction Chili Ave to Wellington

Rooms

Basement Full

Interior

Interior Features Skylights, Natural Woodwork

Heating Electric, Baseboard, Forced Air

Flooring Carpet, Ceramic Tile, Hardwood, Tile, Varies, Vinyl

Fireplace No

Window Features Skylight(s)

Appliance Dryer, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Refrigerator, Washer

Laundry Common Area

Exterior

Exterior Feature Blacktop Driveway, Fence, Private Yard, See Remarks

Garage Spaces 1.0

Fence Partial

Community Features None

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Asphalt,Metal,Shingle

Handicap Access Accessible Doors

Garage Yes

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 3

Sewer Connected

Water Connected, Public

Structure Type Block,Concrete,Vinyl Siding,Copper Plumbing,PEX Plumbing

Construction Status Existing

Schools

Elementary Schools Dr Charles Lunsford  #19

High Schools Joseph C Wilson Magnet Commencement Academy

School District Rochester

Others

Senior Community No

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

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

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Listed by Berkshire Hathaway HS Zambito

Nearby School & Business

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Jacqueline Davis

Jacqueline Davis

+1(585) 880-8362

Licensed Real Estate Salesperson | License ID: 10401329623

Licensed Real Estate Salesperson License ID: 10401329623

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