1274-1278 Dewey Ave

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1274-1278 Dewey Ave

Rochester, NY 14613
Asking Price
$500K
Asset Type
Apartment Building Mixed-use
Class
Class B

What's Special

Mixed Use | 3,858 SqFt <ul><li>​Fully occupied mixed-use commercial property offers immediate positive cash flow</li><li>​2 commercial storefronts and 3 residential apartments (studio, one-bedroom, and two-bedroom)</li><li>​All currently occupied producing over $6,300/mo. in rent</li><li>​C of O good through 12/28</li><li>​Recent improvements include NEW windows, kitchens, bathrooms, mini-split systems throughout, flooring, ceilings, and more</li><li>​Truly turnkey investment opportunity with comprehensive updates</li

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NOI
$80,000
Cap Rate
16.00%
DSCR
2.70
Strong
Cash-on-Cash
33.55%
Monthly Payment
$2,473.232
Annual Cash Flow
$50,321.211

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