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321 Driving Park Avenue

Rochester, NY 14613
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Bed 10

Bed

Bath 0

Bath

SqFt13,600

Sqft

Acres0.14

Acre(Lot)

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-sit e 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 8.87% 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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Detail Ic Property Details

Property Type : Residential Income

Price : $1,250,000

AD Id : 89685263

MLS Id : R1707522

Beds : 10

Lot Size : 0.14 Acre

Living Area Size : 13,600 Sq. Ft

Tax Amount : $15,265

Year Built : 1920

County : Monroe

Subdivision: Franklin Twp

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Feature Features

  • Bedroom Information

    Total beds: 10

    Room Information

    Has Basement: Yes Basement: Full
  • Flooring Information

    Carpet, Hardwood, Tile, Varies, Vinyl
  • Roofing Information

    Flat, Membrane, Rubber
  • Interior Features

    Storage, Natural Woodwork Roof: Flat, Membrane, Rubber Appliances: Exhaust Fan, Gas Cooktop, Gas Water Heater, Refrigerator, Range Hood, Water Heater Laundry Features: Common Area Window Features: Skylight(s)
  • Heating & Cooling

    Has Heating: Yes Heating: Exhaust Fan, Hot Water, Natural Gas

  • Building Information

    Year Built: 1920 Building Area Total: 13600 Construction Materials: Brick, Frame Stories: 3 Private Pool: No

  • Lot Information

    Lot Dimensions: 53X102 Main Square Feet: 0.14 Acres Lot Size Acres: 0.14 Lot Description: Near Public Transit, Rectangular Lot

    Property Information

    Subdivision: John Straub S0b Source Property Type: Residential Income Property Age: 106

  • Listing Price Information

    Listing Price: $1250000 Original Price: $1300000 Cash

  • Tax Information

    Parcel Number: 261400-090-820-0001-023-001-0000 Tax Lot: 23 Annual Tax: $15265

  • Parking Information

    None, No Garage

  • Utility Information

    Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Location Information

    Direction: West on Driving Park from Lake Avenue. WaterSource: Public Security Features: Security System Owned, Fire Escape, Security Service
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
77 Glenwood Avenue, Rochester, NY, 14613 $24,900 3 1 1,338 0.04 Acre
865 Lake Avenue, Rochester, NY, 14613 $1,525,000 19 -- 17,600 0.14 Acre
1041 Lake Avenue, Rochester, NY, 14613 $785,000 8 -- 11,676 1.03 Acres
58 Thorn Street #58, Rochester, NY, 14613 $399,000 5 -- 6,108 0.12 Acre
185 Lexington Avenue, Rochester, NY, 14613 $134,900 4 2 1,723 0.11 Acre
17 Fairview Hts, Rochester, NY, 14613 $119,000 3 -- 4,730 0.16 Acre
77 Locust Street, Rochester, NY, 14613 $99,980 4 1 1,580 0.11 Acre
289 Emerson Street, Rochester, NY, 14613 $79,900 4 2 1,712 0.12 Acre
294 Lexington Avenue, Rochester, NY, 14613 $9,900 3 1 1,210 0.07 Acre
404 Emerson Street, Rochester, NY, 14613 $9,900 4 1 1,507 0.17 Acre

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 10/07/2026 @ 04:23

MLS: R1707522 LISTED BY: Jeff Krampen, RE/MAX Realty Group 585-719-3500 SOURCE: Upstate New York Real Estate Information Services (UNYREIS)

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