35 Chestnut St | Rochester, NY 14604
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- LoopNet Team
35 Chestnut St
Rochester, NY 14604
Gibbs Place - Value Add Multifamily · Multifamily Property For Sale · 49 Units
Investment Highlights
- Value-add, mixed-use retail and multi-family property in the bustling Downtown Rochester, NY.
- Ideally situated less than 2.5 miles to University of Rochester.
- Downtown Rochester is a liquid submarket, with about 49 trades over the past three years.
- Residents enjoy easy commutes and walkability to a plethora of retailers, restaurants, and entertainment options.
- Right off the Genesee River with access to I-490 making accessibility seamless for inhabitants and potential retail patrons.
PROPERTY FACTS
| No. Units | 49 | Lot Size | 0.09 AC |
| Property Type | Multifamily | Building Size | 27,000 SF |
| Property Subtype | Apartment | Average Occupancy | 22% |
| Apartment Style | Mid Rise | No. Stories | 8 |
| Building Class | B | Year Built/Renovated | 1920/1997 |
| No. Units | 49 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid Rise |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 27,000 SF |
| Average Occupancy | 22% |
| No. Stories | 8 |
| Year Built/Renovated | 1920/1997 |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Range
- Wheelchair Accessible (Rooms)
Site Amenities
- Laundry Facilities
PROPERTY TAXES
| Parcel Number | 261400-121-240-0001-012-000-0000 | Improvements Assessment | $1,206,600 |
| Land Assessment | $56,900 | Total Assessment | $1,263,500 |
PROPERTY TAXES
Parcel Number
261400-121-240-0001-012-000-0000
Land Assessment
$56,900
Improvements Assessment
$1,206,600
Total Assessment
$1,263,500
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