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photo 0: 2600 Dewey Avenue, Rochester NY 14616

Active

2600 Dewey Avenue, Rochester NY 14616

MLS# R1642607

$5,399,000

Price

-

Beds

-

Baths


45,000

Living Area (Sq.Ft.)

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........... <br> <br> <br>Built in 1970, the complex totals more 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........... <br> <br> <br>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........... <br> <br> <br>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........... <br> <br> <br>The property tax addresses are 2594–2608 and 2610–2638 Dewey Avenue........... <br> <br>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.

Status

Active

Property Type

MultiFamily

Property Sub Type

Other

Year Built

1970

Parcel Number

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

Unit Number

--

Subdivision Name

Town Lt

Lot Features

Irregular Lot, Residential Lot

Lot Size Dimensions

1X1

Stories

4

Community Features

Other,SeeRemarks

Property Condition

Resale

Elementary School District

Rochester

Middle Or Junior School District

Rochester

High School District

Rochester

Location

Listing Agent

Mark J. Palazzo

Listing Office

Rich Realty

Owner Name

--

Owner Phone

--

Possession

CloseOfEscrow

Special Listing Conditions

Standard

Listing Terms

Cash

Listing Agreement

ExclusiveRightToSell

Listing Contract Date

2025-10-03

Owner Pays

Other, See Remarks

Rent Includes

Other, See Remarks

Gross Income

700000

Net Operating Income

532981

Fire Places Total

0

Flooring

Other, See Remarks

Heating

true

Heating Features

Gas, Hot Water

Appliances

Gas Water Heater, See Remarks

Garage

false

Garage Spaces

0

Exterior Features

Blacktop Driveway

Water Source

Connected, Public

Sewer

Connected

Roof

Asphalt

Utilities

Sewer Connected, Water Connected

Parking Features

One Space, No Garage

Basement

Full

Construction Materials

Brick, Frame, Other

No schools found

broker_reciprocity

Information deemed reliable but not guaranteed. IDX data © 2019 REIS MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the REIS MLS. Real estate listings held by brokerage firms and are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. Realoq is not a Multiple Listing Service, nor does it offer MLS access. This website is a service of Realoq, a service company Participant of the REIS MLS. Information deemed reliable but not guaranteed. Data updated daily; data last updated 06/27/2025.

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