Prime investment Opportunity: Four unit house available for sale within park ave area with solid cash flow. This well-maintained multi-unit offers strong immediate income and low maintenance operations in a high-demand area. Features three 1-bedroom and one 2-bedroom units, each boasting bright living areas, durable laminate flooring, updated kitchens with modern appliances. Tenants enjoy individual electric and gas meters, laundry facilities on-site and off-street parking for up to 5 vehicles. Recent capital improvements include 6 inch gutters and downspouts, glass block basement windows, individual high-efficiency furnaces to all four units, updated kitchens and flooring.
Listing by Hunt Real Estate ERA/Columbus, (585) 672-1660
Around this home
Schools
K - 12
Preschool & daycare
School 23 Francis Parker
Public PreK-6 • Assigned • 0.6mi
3/10
School Of The Arts
Public 7-12 • Assigned • 0.8mi
3/10
James Monroe High School
Public 9-12 • Assigned • 0.3mi
1/10
Provided by GreatSchools
About Park
Meigs
Park Meigs, located between Park Avenue and East Avenue, is a historic and walkable Rochester neighborhood with leafy side streets and porch-lined homes. The neighborhood’s character concentrates around Park Avenue near Berkeley Street, where sidewalk patios, indie boutiques, and corner cafés keep the street scene active. Landmark Society of Western New York and the George Eastman Museum anchor local culture with preservation-minded programming and galleries. Brick and clapboard houses, small apartment buildings, and mature trees give the blocks a settled, architectural rhythm. Pocket parks and the nearby Highland Park landscape shape daily routines with green space and seasonal color. A short hop north, the Neighborhood of the Arts adds studios and small venues to the mix.
Provided by Walk Score and Local Logic
Offer insights
56 Rowley St · $524,999
$551K and above
75% chance or better to win
Why $551K+ is a strong offer
DAYS ON MARKET
19 days
The average home goes pending in 13 days.
SALE-TO-LIST
106.2%
Most homes are selling 6% above list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Interior features
Leaded glass windows
Ceiling fans
Natural woodwork
Programmable thermostat
Full basement
One fireplace
Bedrooms
Four separate units: one 2‑bed unit and three 1‑bed units (units are leased)
Bathrooms
Five full bathrooms total across the building
Kitchen
Oven/Range
Refrigerator
Eat‑in kitchens in several units
Dining area in some units
Laundry & utility
Gas water heater
Separate gas and electric meters (5 each)
Flooring
Carpet
Ceramic tile
Hardwood
Laminate
Resilient flooring
Tile
Vinyl
Varied flooring throughout
Heating & cooling
Gas heating
Gravity heating
Exterior features
Deck
Porch (some units)
Home design
3 stories
Commercial zoning
Resale property
Parking
Paved parking
Construction
Aluminum siding and block/concrete construction
Asphalt roof
Stone foundation
Copper and PEX plumbing
Utilities
Electricity connected (circuit breakers)
Sewer connected
Public water connected
Cable available
Financial info
Four total units
Unit rents shown: one 2‑bed unit at $1,500; one 1‑bed at $1,100; one 1‑bed at $950; one 2‑bed/1‑bed mix at $850 (units listed as leased)
Owner pays snow removal, trash collection, and water
Rent includes snow removal, trash collection, and water
Operating expense details: See remarks
Electricity and solar
View estimated energy costs and solar savings for this home
The R-2 Medium-Density Residential District provides a mix of housing choices. The inclusion of single-family residential, two-family residential and multifamily residential provides a diversity of housing choices while the bulk and density regulations maintain the lower-density scale of the neighborhoods. These residential areas are located proximate to neighborhood-scale shopping and service opportunities. The district requirements are intended to preserve, promote and protect a quality of urban residential living characterized by unobstructed front yards, pedestrian-scale streetscapes and buildings scaled and designed to be compatible with the neighborhood.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Office
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 95° expected this year, 15 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Rochester, NY • 14607
Average low and high temperatures (°F)
29
19
32
19
50
30
58
40
66
48
79
60
84
66
79
60
75
55
62
45
49
36
37
24
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 2.4 hours in December, placing it below the
U.S. average for solar exposure.
9.7 hrs
2.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 56 Rowley St
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $285,000 and $511,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $285K to $511K.