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2900 Gerry Ellington Road, 
Gerry, NY 14740

$390,000


6

Beds


Bath


5,940

Sq Ft


Multi-Family

Active

Listed by

Heather Chase

Jennifer Burkhart

ERA Team Vp Real Estate

716-413-0200

Last updated:

May 14, 2026, 02:38 PM

MLS#

R1648651

Source:

NY GENRIS

About This Home

2900 Gerry Ellington Road

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.

Home Facts

Multi-Family

6 Bedrooms

Built in 1960

Price Summary

390,000

$65 per Sq. Ft.

MLS #:

R1648651

Last Updated:

May 14, 2026, 02:38 PM

Added:

5 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Interior

Living Area:

5,940 Sq. Ft.


Structure

Structure

Building Area:

5,940 Sq. Ft.

Year Built:

1960


Lot

Lot Size (Sq. Ft):

26,136


Finances & Disclosures

Finances

Price:

$390,000

Price per Sq. Ft:

$65 per Sq. Ft.

Source:NY GENRIS
The information being provided by New York State Alliance Of Mlss is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 New York State Alliance Of Mlss All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.