Excellent opportunity for investors at 1501 Dewey Ave in the City of Rochester! This mixed-use property offers multiple streams of income and tremendous upside potential. The property features a currently rented studio apartment providing immediate cash flow, an upper 2-bedroom, 2-bath residential unit ready for a complete remodel and value-add opportunity, and a highly visible commercial storefront unit on the first floor. Situated on busy Dewey Ave with strong traffic exposure, this property is ideal for investors looking to renovate, increase rents, and maximize returns. Endless potential for owner-users, entrepreneurs, or portfolio investors seeking a versatile mixed-use building in a prime location with strong long-term growth potential. Bring your vision and unlock the possibilities this property has to offer!
Description: Excellent opportunity for investors at 1501 Dewey Ave in the City of Rochester! This mixed-use property offers multiple streams of income and tremendous upside potential. The property features a currently rented studio apartment providing immediate cash flow, an upper 2-bedroom, 2-bath residential unit ready for a complete remodel and value-add opportunity, and a highly visible commercial storefront unit on the first floor. Situated on busy Dewey Ave with strong traffic exposure, this property is ideal for investors looking to renovate, increase rents, and maximize returns. Endless potential for owner-users, entrepreneurs, or portfolio investors seeking a versatile mixed-use building in a prime location with strong long-term growth potential. Bring your vision and unlock the possibilities this property has to offer!
Rent Includes: Gardener, Heat, HotWater, SnowRemoval, TrashCollection, Water
Roof: Asphalt
StateOrProvince: NY
Stories: 2
Street Name: Dewey
Street Number: 1501
Street Number Numeric: 1501
Street Suffix: Avenue
Total Taxes: 3118
Assessed Value: 89900
Town: Not Applicable
Utilities: SewerConnected, WaterConnected
Water Source: Connected, Public
Year Built: 1920
YearBuiltDetails: Existing
Zoning Description: Residential Multi Use
Amenities and Features
Other Features
Basement Y/N 1
GasWaterHeater
Has Heating System
Map
Courtesy Of : Keller Williams Realty Greater Rochester
585-362-8900
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Edelweiss Properties Realtors, LLC are marked with the IDX logo and include the Listing Brokerage’s Name and Phone Number.
All information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal. Neither the Listing Brokerage nor Edelweiss Properties Realtors, LLC shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. All rights reserved.
One bed, one bath first floor unit (2 units in the home) with basement and one garage spac ...
One bed, one bath first floor unit (2 units in the home) with basement and one garage space. Unit comes with central cooling & heating. All appliances are i ...
Iconic Design, Bace Build's newest community - welcome to The Rockford! Located in the hea ...
Iconic Design, Bace Build's newest community - welcome to The Rockford! Located in the heart of historic Downtown Rochester within walking distance to the fines ...