1456 - 1464 Dewey Ave Rochester, NY 14615

Building Details

Year Built

1915

Listing agency Keller Williams Realty Greater Rochester m***@kw.com Show Phone

Listed by Michael Giunta · License #10401371548 Show Phone

Source Elliman

Added: Mar 11 Updated: Jul 6 at 12:09PM Checked: Jul 21 at 8:17AM

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Investment Insights

Based on property information with market context.

This fully occupied 6-unit mixed-use building generates approximately $4,900 per month in rental income and offers strong upside potential. The property includes three commercial storefronts. One is leased to a t-shirt and apparel shop for $500 per month. Another unit was recently rented at $1,200 per month. The third is occupied by a barber shop and salon, rented for $800 per month. Additionally, there are three spacious 2-bedroom apartments, each rented for $800 per month to long-term tenants. All units are separately metered. The building has been updated with new siding, reducing future maintenance needs. The commercial rents are currently below market, presenting an opportunity to increase income. The Certificate of Occupancy is valid through August 2025, making this a solid, income-producing investment with long-term growth potential. The property is located in Rochester, NY.

Key Highlights

• Fully occupied 6‑unit mixed‑use building.
• Generates approximately $4,900 per month in rental income.
• Strong upside potential due to below‑market commercial rents.

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FAQs

What type of property is this?

Mixed-use property - Fully occupied 6-unit building with three commercial spaces and apartments.

Where is this mixed-use property located?

The property is located at 1456 - 1464 Dewey Ave Rochester, NY.

What is the asking price?

The asking price for this property is $389,900.

What are key features of this property?

This property features: Fully occupied 6‑unit mixed‑use building.; Generates approximately $4,900 per month in rental income.; Strong upside potential due to below‑market commercial rents.