CCertihomes
1456 Dewey Avenue, Rochester, NY 14615

$389,900

0 beds 0 baths 7,883 sqft Built 19154 days on marketActive

About this home

This fully occupied 6-unit mixed-use building generates approximately $4, 900 per month in rental income and offers strong upside potential. The property includes three commercial storefronts-leased to a t-shirt and apparel shop ($500/month), a recently rented unit at $1, 200/month, and a barber shop/salon ($800/month)-as well as three spacious 2-bedroom apartments, each rented for $800/month to long-term tenants. All units are separately metered, and the building has been updated with new siding, reducing future maintenance needs. While the property is fully leased, the commercial rents are currently below market, presenting an excellent opportunity to increase income. Thè Certificate of Occupancy is valid through August 2025, making this a solid, income-producing investment with long-term growth potential.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$5,968/mo

Real estate (PITI + HOA + PMI)
$3,984
Principal + interest$2,502
Property tax + insurance$1,336
PMI / 2nd mortgage$146
Utilities
$4,067
Heating + cooling$1,879
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$143
$5,968/mo TLC
Budget$6,468/mo
Remaining after TLC$500/mo
Purchase price
$389,900
Down payment
$19,495 (5%)
Loan amount
$370,405
APR
7.15%

Quick facts

Type
Office
Style
Year built
1915
Lot size
0.18 ac
Stories
2
Heating
Gas, Other, SeeRemarks
Cooling
Other, SeeRemarks
Water
HOA
Annual tax
$7,865
MLS #
R1599292
County
Monroe

Home features

Roof
Flat, Membrane, Rubber
Sewer
PublicSewer

Lot features

Rectangular, RectangularLot

Neighborhood — 14615

MetricThis ZIPCountyUSA
Population15,94519,351,094299,088,112
Population Change Since1990-5.00%8.00%20.00%
Population Density3,160395
Male7,6849,381,926147,432,321
Female8,2619,969,168151,655,844
Never Married4,0714,946,39163,775,926
Married5,5747,166,701123,120,365
Separated7461,159,67312,639,686
Widowed1,0371,110,24515,467,586
Divorced1,6491,210,44823,075,029
Number Of House Hold7,0167,102,016111,826,380
Average House Hold Size2.272.642.60
Medial Age36.5336.5335.46
Median House Hold Income$39,918$49,847$48,276
Average House Hold Income$55,362$70,032$63,629
P C I$24,514$26,569$24,529
M D I$34,904$42,210$41,133
A T H E$46,712$54,185$50,898
S T R8.00%4.00%
W C J69.31%81.55%77.74%
(Zip) Code
14615

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 4/11/2025. Provided courtesy of Keller Williams Realty Greater Rochester via Buffalo MLS. Information deemed reliable but not guaranteed.