$850,000 | Approved 8-Unit Multifamily Redevelopment | Grove Place / Inner Loop North 20 Windsor Street offers a rare, fully entitled redevelopment opportunity in the heart of Grove Place, directly within Rochester’s Inner Loop North fill-in zone — the city’s most ambitious infrastructure and infill housing initiative. This two-story, ±8,000 SF historic structure has been fully demoed and is now ready for buildout. Sale includes full architectural plans for eight (8) two-bedroom apartments, each projected to lease at $2,200/month, for a total stabilized rent roll of $211,200 annually. The project is shovel-ready with: ? Preservation Board approval (facade) ? Approved site plan & facade permit ? Façade shoring in place ? Primer on site ? All metal studs for framing delivered Located just blocks from East Avenue, the Eastman School of Music, and the future Inner Loop North greenway, this property is ideally positioned for long-term value creation. Investors can bypass months of permitting delays and activate immediate construction. ?? Project Financials (Conceptual) Planned Rent: $2,200 × 8 = $17,600/month Annual Rent: ~$211,200 Estimated Buildout: ~$990,000 Total Project Cost: ~$1.84M Pro Forma Cap Rate: ~8.2% (stabilized) ?? Environmental Licensed asbestos survey completed. ACM identified in: Roof flashing (3% chrysotile, 40 LF) Utility vault floor tile + mastic (13% / 2.7% chrysotile, ~140 SF) All other materials tested NAD (non-asbestos detected). Reports available. ?? Location Highlights Situated in Grove Place, Rochester’s historic urban arts neighborhood Within the Inner Loop North fill-in redevelopment — benefiting from major federal, state, and city investment Walkable to downtown, Eastman Theatre, East Ave, and multiple transit lines ?? Summary An ideal acquisition for infill developers, 20 Windsor delivers entitlement certainty, a desirable unit mix, and location-driven appreciation potential. Buyer to complete full interior buildout and secure final C of O. Contact today to receive full documentation — plans, permits, surveys, and comps.