1056 Dewey Ave - Apartments FOR SALE


Rochester, NY 14613- Edgerton
$825,000 USD
1056 Dewey Ave, Rochester, NY for Sale
$825,000 USD
Apartments - FOR SALE
1/22
null | 17.32% Cap Rate

1056 Dewey Ave
Rochester, NY 14613
Edgerton


HIGHLIGHTS

  • Solid brick building with spacious apartments, always rented
  • New Certificate of Occupancy at Closing!
  • Updated apartments - kitchens & baths updated, new flooring, fresh paint

OVERVIEW

Another Rockin' Rochester Property! Proof of funds or a lender letter required prior to approving any showings. 11 updated one bdrm units. Most rented to community organization tenants. Organizations provide guaranteed rent and lease terms! Many energy efficient measures- tekmar programmable thermostat, hallway lighting that dims when not in use. Roof silver sealed this year. Vinyl windows, brick exterior- maintenance free! New C of O at closing. Seller has other properties to be sold. May consider a package. Gross annual Income of $142,886/yr. Income & Expense info in attachments.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$95 USD /SF

# OF UNITS

11

PRICE/UNIT

$75,000

CAP RATE

17.32%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

261400-090-740-0002-001-000-0000

ASK ABOUT THIS PROPERTY

Colleen BracciRE/MAX Realty GroupMore Info

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Colleen BracciRE/MAX Realty GroupMore Info

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.