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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 Condition Auction Sale
Type of Ownership Fee Simple
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
Zoning R1
Parcel Numbers
261400-090-660-0002-047-000-0000
  • 261400-090-660-0002-048-000-0000

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
  • Listing ID: 27935727

  • Date on Market: 3/9/2023

  • Last Updated:

  • Address: 1126 Dewey Ave, Rochester, NY 14613

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