31 Genesee Street, Geneva City, NY 14456

$299,000
6
BD
3
BA
3,366
SqFt

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List Price
$299,000
Status
ACTIVE
MLS#
R1701527
Price Change
▼ $6,000 1785951701
Year Built
1880
Stories
2
Bedrooms
6
Bathrooms
3
Acres
0.28
Living Area
3,366
Region
Geneva

Property Description

Solid brick 3-unit investment property offering strong cash flow with an approximate 10% cap rate. This fully rented property combines the character and charm of an 1880 home with numerous updates, making it an excellent income-producing opportunity. Situated on a very deep lot with plenty of off-street parking, the property features updated apartments, a newer boiler and newer hot water heater (both within the past few years), and a separate owner utility/storage room with keypad access—perfect for tools, maintenance supplies, and lawn equipment. Tenants pay their own gas & electric. A minimum 48-hour notice is required for all showings. Showings are available Monday through Friday between 1:00 PM and 4:00 PM; weekend appointments will vary. Pre-approval or proof of funds is required prior to scheduling a showing. Please see attached P&L statement and current rent roll, tenant pays their own gas & electric.

Additional Information

Taxes
$8,166
Interior Features
Natural Woodwork
Exterior Features
Enclosed Porch, Porch
Style
Triplex
School District
Geneva
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Howard Hanna. Contact: 315-521-7413