2600 Dewey Ave Rochester, NY 14616

A 56 unit, five-building apartment complex is drawing attention after undergoing a major round of improvements. The property, located between Stone Road and Bennington Road, includes 56 apartments spread across five brick buildings with ample parking........... Built in 1970, the complex totals mo...re than 44,000 square feet of residential space, with a mix of 16 two-bedroom units and 40 one-bedroom units. Over the past year, the property has seen extensive renovations, positioning it as a turnkey opportunity for investors or a modernized community for residents........... 44 of the apartments have been renovated/remodeled, featuring new kitchens, bathrooms, and flooring. Common areas have also been upgraded. Mechanical and structural improvements include 11 brand-new boilers, 10 new water tanks, replacement windows, glass block installations, and new slider doors leading to outdoor decks. The roofs, asphalt shingles with a 30-year life, were replaced about a decade ago........... The heavy lifting has already been done on this one. It’s rare to find a complex of this size with a Greece zip code where both unit interiors and building systems have been addressed so comprehensively........... The property tax addresses are 2594–2608 and 2610–2638 Dewey Avenue........... 48 hours notice requested for showings. Showings are week days from 10 to 3. More information including rent roll and expense information available on request. Proof of funds and a bank term sheet from a local commercial bank is requested prior to showings. Continue reading