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196 Driving Park Avenue, Rochester, NY 14613

Rochester
Local realty services provided by:CENTURY 21 Turner Brokers
196 Driving Park Avenue,Rochester, NY 14613
$399,900
  • 4 Beds
  • - Baths
  • 5,313 sq. ft.
  • Multi-family
  • Pending
Listed by: mark j. palazzo
Office: rich realty
MLS#:R1673542
Source:NY_GENRIS

Price summary

  • Price:$399,900
  • Price per sq. ft.:$75.27

About this home

Investment Opportunity – 8 Unit Multifamily. Well-positioned 8-unit multifamily property offering immediate value-add potential with minimal renovation risk. Featuring a desirable unit mix of four one-bedroom apartments and four studio units, this property is ideal for investors looking to lease up and stabilize. Current Income: • 1BR – $980 • 1BR – $1,149 (includes utilities) • 1BR – $700 • 5 Units currently vacant and ready for lease-up Utilities & Mechanical Systems: • Separate forced hot air furnaces for each unit • Individual electric panels (circuit breakers) • Separate hot water tanks Tenants pay their own utilities, helping reduce operating expenses. Property Features: • Solid all-brick construction • Large lot • Tear-off roof completed in 2024 • Certificate of Occupancy valid through 1/22/2028 • Vacant units to be delivered rent-ready Annual Expenses: • Taxes: $6,638 • Insurance: $2,812 • Trash: $1,400 Investment Highlights: Over...

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Home facts

  • Year built:1920
  • Listing ID #:R1673542
  • Added:59 day(s) ago
  • Updated:June 13, 2026 at 07:39 AM

Rooms and interior

  • Bedrooms:4
  • Basement:Yes
  • Basement Description:Full
  • Living area:5,313 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Pitched
  • Year built:1920
  • Building area:5,313 sq. ft.
  • Lot area:0.23 Acres
  • Lot Features:Irregular Lot, Near Public Transit
  • Construction Materials:Brick
  • Levels:2 Stories

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$399,900
  • Price per sq. ft.:$75.27
  • Tax amount:$6,639

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