2900 Gerry Ellington Road, Gerry, NY 14740

Gerry
Local realty services provided by:ERA Team VP Real Estate
2900 Gerry Ellington Road,Gerry, NY 14740
$390,000
  • 6 Beds
  • - Baths
  • 5,940 sq. ft.
  • Multi-family
  • Active
Listed by:
MLS#:R1648651
Source:NY_GENRIS

Price summary

  • Price:$390,000
  • Price per sq. ft.:$65.66

About this home

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

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Home facts

  • Year built:1960
  • Listing ID #:R1648651
  • Added:97 day(s) ago
  • Updated:February 28, 2026 at 03:52 PM

Rooms and interior

  • Bedrooms:6
  • Flooring:Carpet, Ceramic Tile, Laminate, Varies
  • Kitchen Description:Refrigerator
  • Basement:Yes
  • Basement Description:Partial
  • Living area:5,940 sq. ft.

Heating and cooling

  • Heating:Baseboard, Gas, Hot Water

Structure and exterior

  • Roof:Flat, Membrane, Rubber
  • Year built:1960
  • Building area:5,940 sq. ft.
  • Lot area:0.6 Acres
  • Lot Features:Rectangular, Residential Lot
  • Construction Materials:Block, Concrete
  • Levels:2 Stories

Utilities

  • Water:Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$390,000
  • Price per sq. ft.:$65.66
  • Tax amount:$8,168

Features and amenities

  • Appliances:Dryer, Gas Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer

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