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Excellent opportunity for investors at 1501 Dewey Ave in the City of Rochester! This mixed-use property offers multiple streams of income and tremendous upside potential. The property features a currently rented studio apartment providing immediate cash flow, an upper 2-bedroom, 2-bath residential unit ready for a complete remodel and value-add opportunity, and a highly visible commercial storefront unit on the first floor. Situated on busy Dewey Ave with strong traffic exposure, this property is ideal for investors looking to renovate, increase rents, and maximize returns. Endless potential for owner-users, entrepreneurs, or portfolio investors seeking a versatile mixed-use building in a prime location with strong long-term growth potential. Bring your vision and unlock the possibilities this property has to offer!
| DAYS ON MARKET | 2 | LAST UPDATED | 5/7/2026 |
|---|---|---|---|
| TRACT | Summit Grove | YEAR BUILT | 1920 |
| COMMUNITY | Rochester City-261400 | COUNTY | Monroe |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| APPLIANCES | Gas Water Heater, Water Heater |
|---|---|
| AREA | Rochester City-261400 |
| BASEMENT | Full, Yes |
| CONSTRUCTION | Vinyl Siding |
| HEAT | Baseboard, Natural Gas |
| HOA DUES | Mixed Use |
| LOT | 5227 sq ft |
| LOT DESCRIPTION | Near Public Transit, Rectangular Lot |
| LOT DIMENSIONS | 43X120 |
| PARKING | Paved |
| STORIES | 2 |
| STYLE | Triplex |
| SUBDIVISION | Summit Grove |
| TAXES | 3118 |
| UTILITIES | Sewer Connected, Water Connected |
| WATER | Public |
| ZONING | Residential Multi Use |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by: Jonathan M. Pecora, Keller Williams Realty Greater Rochester, 585-704-6955
Listing data courtesy of the Internet Data Exchange (IDX) Program of CNYIS and the Adirondack Champlain Valley Multiple Listing Service.
The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing information deemed reliable but not guaranteed
This IDX solution is (c) Diverse Solutions 2026.
