321 Driving Park AVE, Rochester, NY 14613
321 Driving Park AVE, Rochester, NY 14613
321 Driving Park AVE, Rochester, NY 14613
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$1,250,000
Est. payment /mo
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10 Beds
13,600 SqFt
Price Dropped by $50K

321 Driving Park AVE Rochester, NY 14613

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Key Details

Property Type Multi-Family, Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 13,600 sqft

Price per Sqft $91

Subdivision John Straub S0B

MLS Listing ID R1707522

Bedrooms 10

Construction Status Existing

HOA Y/N No

Year Built 1920

Annual Tax Amount $15,265

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 53X102

Property Sub-Type Commercial

Property Description

Another Rockin' Rochester Property! Seventeen units. Multiple income streams. An 8.87% cap rate. This distinctive mixed-use investment commands a prominent corner in Rochester's historic Edgerton neighborhood, pairing classic brick architecture with a diversified mix of 14 apartments—10 one-bedroom and 4 studios—and 3 street-level commercial storefronts. Residential interiors feature hardwood floors, vinyl windows and abundant natural light. Separately metered electric and cooking gas, professionally leased and serviced on-site laundry, and 14 basement storage units complement the property's income profile, with storage offering additional revenue potential. Significant recent investments include a GACO roof (2024), Bradford White hot water tank under warranty (2026), leased laundry equipment (2025), keyless entry (2025), Arlo camera system (2025) and upgraded LED lighting in common areas, exterior and Store 2 (2026). A new Certificate of Occupancy, issued September 4, 2026, is fully transferable at closing and valid through September 4, 2029. With an NOI of $110,851, recent capital improvements and room to expand ancillary income, 321–331 Driving Park Avenue offers a compelling combination of established income, character and long-term investment potential.

Location

State NY

County Monroe

Community John Straub S0B

Area Rochester City-261400

Direction West on Driving Park from Lake Avenue.

Rooms

Basement Full

Interior

Interior Features Intercom, Storage, Skylights, Natural Woodwork

Heating Gas, Hot Water

Flooring Carpet, Hardwood, Luxury Vinyl, Tile, Varies

Equipment Intercom

Fireplace No

Window Features Skylight(s)

Appliance Common Water Heater, Exhaust Fan, Gas Cooktop, Gas Water Heater, Refrigerator, Range Hood

Laundry Common Area, Coin-operated

Exterior

Community Features Laundry Facilities, Other, Storage Facilities, See Remarks

Utilities Available Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected

Roof Type Flat,Membrane,Rubber

Garage No

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 3

Sewer Connected

Water Connected, Public

Structure Type Brick,Frame,Copper Plumbing

Construction Status Existing

Schools

School District Rochester

Others

Senior Community No

Tax ID 261400-090-820-0001-023-001-0000

Security Features Security System Owned,Fire Escape,Security Service

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard


Listed by RE/MAX Realty Group

NEARBY SCHOOL & BUSINESS

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Tiffany Montgomery

Tiffany Montgomery

Licensed Real Estate Salesperson License ID: 10401281052

+1(315) 719-8776

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321 Driving Park AVE