1830 Clifford Avenue , Rochester, NY 14609

New - 4 Hours Ago
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Property Description

Turnkey Cash Flow Monster with a 12% Cap Rate! Attention savvy investors: here is the rare, high-performing multi-family asset you've been waiting for. Located at 1830 Clifford Avenue, this unique 4-unit property delivers outstanding financial performance from day one, boasting a strong Net Operating Income (NOI) of $29,753 and an incredible 12% Capitalization Rate at the listing price of $249,900. Best of all, buy with total peace of mind-the Certificate of Occupancy (C of O) was just fully renewed in September 2025, ensuring a seamless transfer! The property features an intelligent layout optimized for rental strength, split between a front building and a separate back house setup: Front Building (Units 1 & 2): Two spacious, single-level apartments, each featuring 2 bedrooms and 1 bathroom. Both units come equipped with brand-new stoves and refrigerators. Back Building (Units 3 & 4): Two impressive 3-level layouts, each with 2 bedrooms and 1 bathroom. Unit 4 includes a semi-finished basement with additional rooms for versatile space. Financials & Massive Value-Add Potential: The property currently generates a robust gross rent roll of $3,550 per month ($42,600/year). Units 1, 2, and 4 are currently bringing in $950/month each. Unit 3 is occupied by a stellar, meticulously clean, 10-year long-term tenant paying an under-market rate of $700/month who assists with minor site maintenance. With three units already modernized with new appliances and one unit significantly under market value, there is clear, immediate upside potential to optimize rents to full market rates and push your yield even higher. Add this powerhouse to your portfolio and start collecting strong, diversified rental income immediately. > Please do not disturb the tenants under any circumstances. Showings will be scheduled for the buyer once a contract has been accepted.

1830 Clifford Avenue | MLS# R1683657

This home located at 1830 Clifford Avenue , Rochester, NY 14609 is currently listed for sale with an asking price of $249,900. This property was built in 1890 and has 8 bedrooms and 4 full baths with 3888 sq. ft. Clifford Avenue is located in the Caves & Eustace & Weaver subdivision within the Rochester school district. Search Caves & Eustace & Weaver real estate on kaitlin-conway.coldwellbankerprime.com today.

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Property Features

Property Type: Residential -
Basement: Full
Garage: 4
Heating: Gas, ForcedAir
Lot Size: 0.10 Acres
Stories: 2.0
Taxes: $6,146
Year Built: 1890

Feature Descriptions

Appliances: GasWaterHeater
Exterior: CompositeSiding
Flooring: Varies, Vinyl
Lot: FlagLot, ResidentialLot
Lot Dimensions: 40X105
Parcel#: 261400-107-300-0001-002-000-0000
Parking: Garage, Paved
Parking Notes: Garage, Paved
Sewer: Connected
Units: 4
Utilities: SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Rochester

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Estimated Payment

$ 1,141.22 per month $556.17 Principal & Interest $512.17 Property Tax $72.89 Homeowner's Insurance

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Demographics

Listed By / Shown By

Listing By

Agency Name: New 2 U Homes LLC
Agency Phone: 585-889-4663

Shown By

Agent Name: Kaitlin Conway
Agent Phone: (518) 727-7663 Cell
Agency Title: Coldwell Banker Prime Properties

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