2594-2608 Dewey Ave - Apartments FOR SALE


Rochester, NY 14616- Maplewood
$5,495,000 USD
585-259-4050
2594-2608 Dewey Ave, Rochester, NY for Sale
$5,495,000 USD
Apartments - FOR SALE
1/2
null | 9% Cap Rate

2594-2608 Dewey Ave
Rochester, NY 14616
Maplewood


OVERVIEW

2600 Dewey Avenue, Rochester NY 14616. 56 apartment complex in 5 brick buildings; Greece NY zip code; Located north of Ridge Road between McCall and Stone. City of Rochester school district and taxes. 16 two bedroom and 40 one bedroom units, All apartments have one bath. Built in 1970; Renovated in 2025. 44,724 square feet. 11 brand new boilers, 10 new water tanks, brand new windows, Glass block, new slider doors to outside decks. 45 units have been remodeled: New kitchens, New bathrooms, new flooring, etc. All common areas have been upgraded. 30 year asphalt shingle roofs replaced approximately 10 years ago. And many more upgrades in the last twelve months. No Wholesalers please! Cap advertised does NOT include management/vacancy or repair assumption. Please add your own for a proposed cap rate.

FOR SALE DETAILS

PRICE

$5,495,000 USD

PRICE/SF

$124 USD /SF

# OF UNITS

56

PRICE/UNIT

$98,125

CAP RATE

9%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Willow Gardens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

33

LAND DETAILS

LAND ACRES

1.1 AC

LAND SF

47,916 SF

ZONING

R

APN/PARCEL ID

261400-075-410-0002-031-000-0000

ASK ABOUT THIS PROPERTY

Mark PalazzoRich RealtyMore Info
585-259-4050

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Mark PalazzoRich RealtyMore Info
585-259-4050

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