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Listed price in listed location currency (USD).
$390,000

600

MLS® R1648651

Overview

Key Facts

Type 
Levels Residential Income
Size 5940 sqft
Garage 
Taxes $8,168
Days Active 173
Lot Size 
Approx. Age 1960
Avg. Price Per Sqft $65
MLS® Number R1648651

Property Address: 2900 Gerry Ellington Rd, Gerry, NY, 14740-9504

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Multifamily Investment – 7.9% Cap Rate Turnkey multifamily property offering a strong 7.9% cap rate and immediate cash flow. This well-maintained asset provides stable income with solid fundamentals, making it an excellent addition to any investor’s portfolio. The property features multiple units with strong occupancy and consistent rental history. Units are well-kept with functional layouts that appeal to long-term tenants. Located in a desirable rental corridor near major employers, transportation, shopping, and everyday amenities, this property benefits from steady tenant demand and long-term appreciation potential. Investment Highlights: • 7.9% cap rate • Stable tenant base • Strong rental history • Efficient operating expenses • Potential for rental upside Ideal for both seasoned investors and those looking to expand their multifamily holdings with a cash-flowing asset in a high-demand area. Contact for full financial package, rent roll, and expense breakdown.
MLS® NumberR1648651
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
BasementPartial
DrivewayOne And One Half Spaces, Driveway, No Garage
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 23, 2025List Date
$390,000List Price

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