416 Central Ave Rochester, NY 14605
Upper Falls NeighborhoodEstimated payment $1,392/month
Highlights
- Property is near public transit
- Programmable Thermostat
- Rectangular Lot
- Wood Flooring
- Forced Air Heating System
About This Home
Unique investment opportunity for an owner-occupant in the heart of the Center City District. This 4,331 SF up/down duplex offers a blend of residential income, flexible zoning, and valuable on-site storage space. The property has been utilized most recently as a short/mid-term rental, along with storage in the back of the building for the owner. The site offers a private gated concrete driveway and rear yard with hanging Edison style lights for ambiance, and suitable for secure storage, outdoor dining, or tenant parking. Central Ave also offers ample street parking with those needing additional space. The first-floor unit is tenant-occupied on a month to month basis, while the second floor is currently offered vacant—ideal for an owner to occupy or lease for additional income. The property is zoned within the CCD-B (Center City Base District), allowing for a wide variety of uses; however, the new and current transferable Certificate of Occupancy reflects a two-family dwelling with storage. Previously, the building operated as office and storage space prior to its residential conversion, giving future owners multiple pathways for use or repositioning. An owner in the late 1980's operated a restaurant out of the location for a time, further noting to the potential allowances of the zoning district. Interior features include a forced-air furnace around 10yrs old, along with water tanks of the same age, a 200 AMP electrical service, laundry facilities, and a dry basement providing additional storage. Recent capital improvements include a newer roof (15yrs old), new gutters (2025), and new attic insulation (2022). An additional feature is the ~500 SF climate-controlled storage area/workshop located at the rear of the building—perfect for contractors, hobbyists, artists live/work space w/ supplemental rental income. The property is well located just two turns from the Inner Loop connecting you to I-490, one turn from Amtrak, 10 minutes to the Airport, and 3 minutes to Downtown. The location has great proximity to the Rochester Public Market, Blue Cross Arena, Innovative Field, Strong Museum of Play, and other downtown amenities all under a 1.5 mile radius.
Listing Agent
Listing by NORCHAR, LLC Brokerage Phone: 585-337-1764 License #10301220657 Listed on: 08/29/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,897
Year Built
- Built in 1900
Lot Details
- 4,792 Sq Ft Lot
- Lot Dimensions are 38x120
- Rectangular Lot
Parking
- Parking Available
Home Design
- Duplex
- Brick Exterior Construction
- Blown-In Insulation
Interior Spaces
- 4,331 Sq Ft Home
- 2-Story Property
- Partial Basement
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
Location
- Property is near public transit
Schools
- Montessori Academy @ Franklin Elementary School
- School Of The Arts High School
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Programmable Thermostat
- Gas Water Heater
Listing and Financial Details
- Tax Lot 48
- Assessor Parcel Number 261400-106-640-0001-048-000-0000
Community Details
Overview
- 2 Units
- Shearman Subdivision
Building Details
- 1 Separate Gas Meter
- Gross Income $10,200
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/30/2026 03/30/26 | Pending | -- | -- | -- |
| 01/21/2026 01/21/26 | Price Changed | $199,999 | -4.8% | $46 / Sq Ft |
| 12/06/2025 12/06/25 | Price Changed | $210,000 | -4.5% | $48 / Sq Ft |
| 10/01/2025 10/01/25 | Price Changed | $220,000 | -11.6% | $51 / Sq Ft |
| 08/29/2025 08/29/25 | For Sale | $249,000 | -- | $57 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $110,000 | None Available |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $95,000 | Seller Take Back |
Source: Upstate New York Real Estate Information Services (UNYREIS)
MLS Number: R1633302
APN: 261400-106-640-0001-048-000-0000
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Ask me questions while you tour the home.