5 property Multi-family portfolio 5 Properties Offered at $550,000 in Rochester, NY




INVESTMENT HIGHLIGHTS
- Strategic Location: Primarily clustered in high-demand rental areas such as 14621, Marketview Heights, and Mayor's Heights
- Value-Add Opportunity: With many rents currently below market rates, there's significant potential for increased revenue - up to $405,000 annually
- Solid Foundation: The portfolio is fully occupied by long-term, rent-current tenants, providing a stable foundation for future growth and ROI
- Financial Performance: Currently grossing $351,960 annually, the portfolio boasts an impressive 11.68% cap rate
- Stellar Management: Owners have maintained vacancies below 3% through hands-on management. All properties have transferable Certificate of Occupancy.
EXECUTIVE SUMMARY
This portfolio features 5 well-maintained duplexes for a total of 10 units, located in high-demand rental areas with growth potential.
Gross Annual Income: $113280
Unit Breakdown: 10 units (5 duplexes)
Tenant Stability: Strong rent-roll with primarily long-term tenants ensuring dependable income.
Owner & Property Upgrades:
Owned and maintained by a general contractor, these properties have been meticulously cared for and have undergone significant capital improvements.
Key upgrades include:
Vinyl windows in most properties
New water heaters in nearly all units
Newer furnaces in many properties
New carpets in many units
Recent renovations across multiple properties
Value-Add Opportunity: Many rents remain below market rates, offering potential for increased income through rent adjustments and continued upgrades.
This 13% cap rate portfolio presents a solid investment for those seeking a combination of stable cash flow, low-maintenance properties, and long-term growth.
Gross Annual Income: $113280
Unit Breakdown: 10 units (5 duplexes)
Tenant Stability: Strong rent-roll with primarily long-term tenants ensuring dependable income.
Owner & Property Upgrades:
Owned and maintained by a general contractor, these properties have been meticulously cared for and have undergone significant capital improvements.
Key upgrades include:
Vinyl windows in most properties
New water heaters in nearly all units
Newer furnaces in many properties
New carpets in many units
Recent renovations across multiple properties
Value-Add Opportunity: Many rents remain below market rates, offering potential for increased income through rent adjustments and continued upgrades.
This 13% cap rate portfolio presents a solid investment for those seeking a combination of stable cash flow, low-maintenance properties, and long-term growth.
DATA ROOM Click Here to Access
TAXES & OPERATING EXPENSES (PRO FORMA - 2025) |
ANNUAL |
---|---|
Gross Rental Income |
$351,960
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Other Income |
-
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Vacancy Loss |
$14,042
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Effective Gross Income |
$337,918
![]() |
Taxes |
$33,079
![]() |
Operating Expenses |
$77,113
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Total Expenses |
$110,192
![]() |
Net Operating Income |
$227,726
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PROPERTY FACTS
Price | $550,000 |
Price / SF | $69.32 / SF |
Cap Rate | 13.03% |
Sale Type | Investment |
Status | Active |
Number of Properties | 5 |
Individually For Sale | 0 |
Total Building Size | 7,934 SF |
Total Land Area | 0.56 AC |
PROPERTIES
PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
---|---|---|---|---|
462 Avenue D, Rochester, NY 14621 | Land | 0.09 AC | - | - |
164-164 1/2 Cady St, Rochester, NY 14611 | Multifamily | 2,108 SF | 1900 | - |
26 Avenue C, Rochester, NY 14621 | Multifamily | 2,069 SF | 1900 | - |
1343 N Clinton Ave, Rochester, NY 14621 | Multifamily | 1,944 SF | 1900 | - |
356 4th St, Rochester, NY 14605 | Multifamily | 1,813 SF | 1880 | - |
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