Active
1830 Clifford Avenue, Rochester NY 14609
MLS# R1683657
$249,900
Price
8
Beds
4
Baths
3,888
Living Area (Sq.Ft.)
0.097
Lot Area (Acres)
$249,900
Price
8
Beds
4
Baths
3,888
Living Area (Sq.Ft.)
0.097
Lot Area (Acres)
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. <br> <br>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! <br> <br>The property features an intelligent layout optimized for rental strength, split between a front building and a separate back house setup: <br> <br>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. <br> <br>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. <br> <br>Financials & Massive Value-Add Potential: <br>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. <br> <br>Add this powerhouse to your portfolio and start collecting strong, diversified rental income immediately. <br> <br>> Please do not disturb the tenants under any circumstances. Showings will be scheduled for the buyer once a contract has been accepted.
Status
Active
Property Type
Residential
Property Sub Type
MultiFamily
Year Built
1890
Parcel Number
261400-107-300-0001-002-000-0000
Unit Number
--
Subdivision Name
Caves & Eustace & Weaver
Lot Features
Flag Lot, Residential Lot
Levels
Two
Lot Size Dimensions
40X105
Stories
2
Bath Rooms Full
4
Property Condition
Resale
Elementary School District
Rochester
Middle Or Junior School District
Rochester
High School District
Rochester
Location
Listing Agent
Christopher J. Thomas
Listing Office
New 2 U Homes LLC
Owner Name
--
Owner Phone
--
Possession
CloseOfEscrow
Special Listing Conditions
Standard
Listing Terms
Cash, Conventional, F H A
Listing Agreement
ExclusiveRightToSell
Listing Contract Date
2026-05-21
Owner Pays
Trash Collection, Water
Rent Includes
Trash Collection, Water
Gross Income
41175
Net Operating Income
23607
Fire Places Total
0
Flooring
Varies, Vinyl
Heating
true
Heating Features
Gas, Forced Air
Appliances
Gas Water Heater
Garage
true
Garage Spaces
4
Water Source
Connected, Public
Sewer
Connected
Utilities
Sewer Connected, Water Connected
Parking Features
Garage, Paved
Basement
Full
Construction Materials
Composite Siding
No schools found
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
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Listed By
Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated .
Digital Millennium Copyright Act (DMCA) Notice
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA"), provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices and counter-notices should be sent in writing by mail to DMCA Designated Agent.
The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and e-mail address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.