Property Description

Amazing investment opportunity: a fully updated 29-unit mixed-use property in the heart of downtown Rochester, offering strong income and diversified revenue streams. This rare asset includes 19 residential apartments (10 one-bedroom and 9 two-bedroom units), delivering consistent rental demand, along with three highly visible first-floor retail spaces ideal for storefront businesses seeking foot traffic and exposure. Additionally, a separate entrance leads to seven professional suites, perfectly suited for service-based businesses such as salons, massage therapy, boutique offices, or similar uses. Since its purchase in 2021, the property has undergone extensive permitted renovations and upgrades, including newer split systems for air conditioning, updated forced air systems, renovated kitchens and bathrooms, new flooring, lighting, fresh paint throughout, rebuilt balconies, and major improvements across all three storefronts. This turn-key asset offers the perfect blend of residential stability and commercial upside in a prime downtown location, making it an exceptional opportunity for investors seeking both immediate cash flow and long-term growth. Please note: one or more photos may be virtually staged.

Property Features

Local Schools