1126 Dewey Ave | Rochester, NY 14613
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- LoopNet Team
1126 Dewey Ave
Rochester, NY 14613
37-Unit Value-Add Multi-Family with Upside · Multifamily Property For Sale · 37 Units
Investment Highlights
- 1126 Dewey Avenue is a 94.5% occupied, 37-unit multi-family asset with large units, an income-generating laundry facility, and abundant parking.
- Conveniently located just off Route 104 near Downtown Rochester, Walmart Supercenter, Wegmans, Target, Dollar General, and Starbucks.
- Primed as a valuable investment opportunity to generate significant revenue through vacancy lease-ups and rent escalations.
- Dewey Avenue Apartments sits in a renter-dominated location where 63% of the population occupies renter-occupied households.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Lot Size | 0.39 AC |
| No. Units | 37 | Building Size | 26,886 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built | 1912 |
| Building Class | C | Parking Ratio | 0.74/1,000 SF |
| Sale Conditions | Auction Sale |
| No. Units | 37 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.39 AC |
| Building Size | 26,886 SF |
| Average Occupancy | 94% |
| No. Stories | 3 |
| Year Built | 1912 |
| Parking Ratio | 0.74/1,000 SF |
Amenities
Unit Amenities
- Heating
- Kitchen
- Oven
- Range
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 7 | - | 600 |
| 1+1 | 29 | - | 700 |
| 2+1 | 1 | - | 700 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,220,000 | |
| Land Assessment | $95,500 | Total Assessment | $1,315,500 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$95,500
Improvements Assessment
$1,220,000
Total Assessment
$1,315,500
zoning
| Zoning Code | R1 |
| R1 |
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