321 Driving Park Avenue, Rochester, NY 14613
Local realty services provided by:CENTURY 21 North East
321 Driving Park Avenue,Rochester, NY 14613
$1,300,000
- 10 Beds
- - Baths
- 13,600 sq. ft.
- Multi-family
- Active
Listed by: jeff krampen, colleen m. bracci
Office: re/max realty group
MLS#:R1707522
Source:NY_GENRIS
Price summary
- Price:$1,300,000
- Price per sq. ft.:$95.59
About this home
Another Rockin' Rochester Property. Exceptional 17-unit mixed-use investment opportunity with commanding corner presence in Rochester’s historic Edgerton neighborhood! 321–331 Driving Park Avenue combines classic brick architecture, tremendous character and multiple income streams with a strong cap rate. The property consists of 14 residential apartments—10 one-bedroom and 4 studio units—plus 3 street-level commercial storefronts, creating a diversified residential and commercial income base.
The building has been well maintained while preserving the character that makes this property stand out. Residential units feature gleaming hardwood floors, vinyl windows and bright, airy living spaces. Electric and cooking gas are separately metered, while professionally leased and serviced on-site laundry equipment provides additional convenience. Fourteen basement storage units offer further potential for additional revenue.
Ownership has continued to reinvest in the property with significant recent improvements including a GACO roof (2024), Bradford White hot water tank under warranty (2026), new professionally leased laundry equipment (2025), keyless entry system (2025), Arlo camera system (2025), and upgraded LED lighting throughout common areas, exterior and Store 2 (2026).
A brand-new Certificate of Occupancy was issued on 9/4/2026 is fully transferable at closing & valid through 9/4/2029. With its prominent corner location, attractive brick façade, strong unit mix, multiple revenue streams, recent capital improvements and compelling 9.93% cap rate, this is an opportunity to acquire a distinctive Rochester mixed-use asset with both immediate income and future upside....
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Home facts
- Year built:1920
- Subdivision & Development:John Straub S0b
- Listing ID #:R1707522
- Added:25 day(s) ago
- Updated:September 12, 2026 at 09:46 PM
Rooms and interior
- Bedrooms:10
- Flooring:Carpet, Hardwood, Tile, Varies
- Kitchen Description:Refrigerator
- Basement:Yes
- Basement Description:Full
- Living area:13,600 sq. ft.
Heating and cooling
- Heating:Gas, Hot Water
Structure and exterior
- Roof:Flat, Membrane, Rubber
- Year built:1920
- Building area:13,600 sq. ft.
- Lot area:0.14 Acres
- Lot Features:Near Public Transit, Rectangular, Residential Lot
- Construction Materials:Brick, Copper Plumbing, Frame
- Levels:3 Stories
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$1,300,000
- Price per sq. ft.:$95.59
- Tax amount:$15,265
Features and amenities
- Appliances:Gas Cooktop, Range Hood, Refrigerator
- Laundry features:Common Area
- Amenities:Intercom, Skylights, Storage
Parking
- Parking description:No Driveway, No Garage
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