Multifamily
Fitzhugh Apartments
145 S Fitzhugh St, Rochester, NY 14608
Listing Price: $2,400,000
Investment Overview
THE OPPORTUNITY
Marcus & Millichap is pleased to present the opportunity to purchase a 21-unit free market apartment building located at 145 S Fitzhugh Street in Rochester, New York. This fully renovated apartment building, completed in 2023, offers modern living in the historic and desirable Corn Hill Neighborhood. Located just minutes from downtown Rochester, this property provides easy access to major employers, universities, and the vibrant cultural scene. The property is comprised of 12 studios and 9 one-bedroom units, situated on 14,000 SF lot with surface parking in the rear.
THE LOCATION
Rochester is a vibrant city in upstate New York renowned for its rich history in industry and innovation. Today, it boasts a diverse and resilient economy with strong sectors in education, healthcare, technology, and manufacturing. The city is home to prestigious institutions such as the University of Rochester and the Rochester Institute of Technology (RIT), attracting a steady influx of students, faculty, and professionals.
Corn Hill is one of Rochester’s most sought-after neighborhoods, known for its charming architecture, tree-lined streets, and proximity to the Genesee River. The building's prime location offers tenants the convenience of downtown living with a peaceful residential atmosphere.
Fitzhugh Apartments
Investment Highlights
- Turnkey Operation: Comprehensive updates in 2023, including: new kitchens, bathrooms, flooring, roof, windows, updated common areas, electric and plumbing.
- Prime Location: Close to downtown Rochester, major employers, and top universities, making it ideal for professionals, students, and families.
- Major Employers & Strong Economic Drivers: Companies like Xerox, Paychex, Wegmans, and several healthcare providers contribute to a stable job market.
- Quality Schools: The city boasts highly rated public and private schools, making it attractive for families.
- Commuter Friendly Location: Excellent public transportation options, including bus routes and proximity to major highways, make commuting easy for residents.
Exclusively Listed By
Financing By
Listing Price: $2,400,000
Investment Highlights
- Turnkey Operation: Comprehensive updates in 2023, including: new kitchens, bathrooms, flooring, roof, windows, updated common areas, electric and plumbing.
- Prime Location: Close to downtown Rochester, major employers, and top universities, making it ideal for professionals, students, and families.
- Major Employers & Strong Economic Drivers: Companies like Xerox, Paychex, Wegmans, and several healthcare providers contribute to a stable job market.
- Quality Schools: The city boasts highly rated public and private schools, making it attractive for families.
- Commuter Friendly Location: Excellent public transportation options, including bus routes and proximity to major highways, make commuting easy for residents.
Investment Overview
THE OPPORTUNITY Marcus & Millichap is pleased to present the opportunity to purchase a 21-unit free market apartment building located at 145 S Fitzhugh Street in Rochester, New York. This fully renovated apartment building, completed in 2023, offers modern living in the historic and desirable Corn Hill Neighborhood. Located just minutes from downtown Rochester, this property provides easy access to major employers, universities, and the vibrant cultural scene. The property is comprised of 12 studios and 9 one-bedroom units, situated on 14,000 SF lot with surface parking in the rear. THE LOCATION Rochester is a vibrant city in upstate New York renowned for its rich history in industry and innovation. Today, it boasts a diverse and resilient economy with strong sectors in education, healthcare, technology, and manufacturing. The city is home to prestigious institutions such as the University of Rochester and the Rochester Institute of Technology (RIT), attracting a steady influx of students, faculty, and professionals. Corn Hill is one of Rochester’s most sought-after neighborhoods, known for its charming architecture, tree-lined streets, and proximity to the Genesee River. The building's prime location offers tenants the convenience of downtown living with a peaceful residential atmosphere.
Exclusively Listed By
Financing By
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