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135 Cummings St Rochester, NY 14609

For Sale
$3,053,000

High-Yield Turnkey Investment Opportunity

Property size:
2,088 SF

Description

Added:
Feb 3, 2025
Days on Market:
315
This exceptional investment opportunity presents a portfolio of seventeen turnkey properties in Rochester, NY, comprising thirteen single-family residences and four duplexes. The 2,088 square foot portfolio sits on a 0.21-acre lot and is offered at $3,053,000, representing a 7.5% cap rate. All units are currently occupied with existing leases, and tenants are responsible for all utilities, snow removal, and lawn maintenance. Significant capital improvements have already been completed, eliminating immediate large-scale expenses. Each property possesses a valid certificate of occupancy, ensuring compliance and minimizing risk. The portfolio benefits from professional management and maintenance, streamlining operations and maximizing returns. This is a rare opportunity to acquire a well-maintained, high-performing multifamily portfolio with a proven track record of consistent occupancy and income generation. Financial details and further information are available upon request. This package offers a streamlined approach to multifamily investment, providing immediate cash flow and long-term growth potential. The properties are in excellent condition, having undergone updates and remodeling in several units. The portfolio's strong occupancy rate and low-maintenance structure make it an attractive investment for both seasoned and emerging real estate investors.

Property Features for 135 Cummings St

General Information

Property type
Residential income properties
Square Feet
2,088 SF
Lot Size
9,148 SF

Building Details

Year Built
1950

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Rochester
County
Monroe
State
New York
Longitude
-77.57412
Latitude
43.17382

FAQs

What type of property is this?
Residential income property - High-Yield Turnkey Investment Opportunity
Where is this residential income property located?
The property is located at 135 Cummings St Rochester, NY.
What is the asking price?
The asking price for this property is $3,053,000.
More about this property
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