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91 Wellington Avenue W, Rochester
$397,000
3 Beds ⋅ R1656304 MLS
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.

91 Wellington Avenue W, Rochester
24 Kenwood Avenue, Rochester
$124,900
4 Beds ⋅ 2 Baths ⋅ R1681072 MLS
Fantastic investment or owner-occupant opportunity in the heart of Rochester’s historic 19th Ward! This turnkey, two-unit multifamily property at 24 Kenwood Avenue offers exceptional flexibility and immediate upside potential with rents currently well under market value for the area. The second-floor unit is meticulously maintained and owner-occupied, while the main level generates steady income with two tenants renting individual rooms at $500.00 each (utilities included) for a total of $1,000.00 per month. The property boasts an annual gross income of $12,000.00 against low annual operating expenses of just $8,000.00. Maximizing tenant independence is effortless thanks to separate utility meters, separate furnaces, and separate hot water tanks for each unit, alongside convenient shared laundry facilities located in the basement. Outside, you will find ample off-street parking and a highly desirable two-car detached garage. Don't miss your chance to view this high-potential property during the scheduled group showings on Thursday, May 27th from 4:00 PM to 7:00 PM, Saturday, May 30th from 4:00 PM to 7:00 PM, and Monday, June 1st from 4:00 PM to 7:00 PM. Delayed negotiations will take place on Tuesday, June 2nd at 12:00 PM Noon.

24 Kenwood Avenue, Rochester
208 Kenwood Avenue, Rochester
$114,900
3 Beds ⋅ 2 Baths ⋅ R1689429 MLS
Excellent investment or owner-occupant opportunity in Rochester's desirable 19th Ward! This duplex features one vacant unit ready for immediate occupancy and one tenant-occupied unit providing instant rental income. Whether you're looking to house hack, add to your investment portfolio, or offset your mortgage with rental revenue, this property offers flexibility and strong potential. Conveniently located near the University of Rochester, Strong Hospital, parks, shopping, and major expressways. Don't miss your chance to own a versatile income-producing property in a well-established neighborhood.

208 Kenwood Avenue, Rochester

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.