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    OFF-MARKET
    Residential income homes

    123 Cady St, Rochester, NY 14608

    17,587 SF
    Property ID
    US63-5832860
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a portfolio of twelve single-family rental properties located throughout Rochester, NY, in Monroe County. The portfolio boasts a total of 17,587 square feet and commands a compelling asking price of $900,000, translating to a price per square foot of $51.17 and a price per unit of $75,000. The properties are all free and clear, meaning there are no existing mortgages, offering significant financial flexibility for the new owner. The portfolio generates a substantial net operating income (NOI) of $135,281, resulting in an attractive cap rate of 15.03%. Individual property addresses are diverse, spanning various Rochester zip codes including 14605, 14606, 14608, 14609, 14611, and 14621. This well-established portfolio offers a strong foundation for immediate cash flow and potential for future appreciation. The portfolio is currently held under an LLC structure. Detailed financial information, including a comprehensive rent roll and property analysis, is available upon request. This is a rare opportunity to acquire a substantial, debt-free multifamily portfolio in a growing market. Don't miss out on this chance to build your investment portfolio with a proven performer.

    Property profile
    Verified
    Property type Residential income homes
    Total area 17,587 SF
    UPID US63-5832860
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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