Rochester, NY 14615,1481 Dewey AVE

$537,450

$549,900

2.3%
Est.Price: ?

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Est. payment /mo

19,920 SqFt


SOLD DATE : 09/27/2022

Key Details

Sold Price $537,450

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 19,920 sqft

Price per Sqft $26

Subdivision Summit Grove

MLS Listing ID R1395543

Sold Date 09/27/22

Construction Status Existing

HOA Y/N No

Annual Tax Amount $25,636

Lot Size 0.360 Acres

Acres 0.36

Lot Dimensions 130X120

Property Sub-Type Office

Property Description

Another Rockin' Rochester Investment Opportunity. This property is comprised of two buildings. One is a mixed use building w/ 6 apartments & 6 stores, and one is a one story building currently used as a property maintenance office & warehouse. Each apt is 3 bdrm, 2 full bath, in good shape. Most with new flooring, updated kitchens & baths. The stores below are rented to some long term tenants. The laundromat is on a five yr lease, ending 2027. New C of O supplied at closing. Plenty of parking. Brand new $60k boiler unit (its a beauty!) Gross Annual income, not including small building (owner occupied) is $126,840. All units occupied except one that was recently vacated. Can be sold individually or separate with 1501 Dewey (3-unit next door that shares parking lot), 1468 Dewey (mixed use bldg, $199,900) and 1456 Dewey (mixed use bldg, $274,900)- see details attached. See attachment for income and expense information. Next showing Friday 4/1.

Location

State NY

County Monroe

Community Summit Grove

Area Rochester City-261400

Zoning C-2

Direction On northwest corner of Dewey Ave and Ridgeway.

Rooms

Basement Full

Interior

Heating Gas, Hot Water

Flooring Linoleum, Vinyl, Carpet

Fireplace No

Exterior

Utilities Available Sewer Connected, Water Connected

Roof Type Flat

Total Parking Spaces 15

Building

Lot Description Rectangular

Building Description Brick, Office,Private Restrooms

Story 2

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Brick

Construction Status Existing

Schools

School District Rochester

Others

Tax ID 261400-090-420-0001-034-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

Special Listing Condition Standard

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Listed by RE/MAX Realty Group
Bought with Park Avenue Land Company LTD.
agent
Celeste Greiner

Broker Associate | License ID: 10301219405

+1(315) 430-0030 | celeste.ccgrealty@gmail.com

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