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91 Wellington Ave - Wellington Apartments 6 Unit Apartment Building Offered at $542,719 CAD at a 14.60% Cap Rate Rochester, NY 14611
Executive Summary
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
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
Property Facts
| Price | $542,719 CAD | Property Type | Multifamily |
| Price Per Unit | $90,453 CAD | Building Size | 4,762 SF |
| Sale Type | Investment | No. Stories | 3 |
| Cap Rate | 14.60% | Year Built | 1925 |
| No. Units | 6 |
| Price | $542,719 CAD |
| Price Per Unit | $90,453 CAD |
| Sale Type | Investment |
| Cap Rate | 14.60% |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Size | 4,762 SF |
| No. Stories | 3 |
| Year Built | 1925 |
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Walk Score®
Very Walkable (70)
Property Taxes
| Parcel Number | 261400-120-570-0003-002-000-0000 | Improvements Assessment | $208,652 CAD |
| Land Assessment | $36,821 CAD | Total Assessment | $245,473 CAD |
Property Taxes
Parcel Number
261400-120-570-0003-002-000-0000
Land Assessment
$36,821 CAD
Improvements Assessment
$208,652 CAD
Total Assessment
$245,473 CAD
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91 Wellington Ave - Wellington Apartments
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