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31 Genesee Street, Geneva City, NY 14456

$279,000
: 6
BD
: 3
BA
: 3,366
SqFt

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List Price: $279,000
Status: ACTIVE
MLS#: R1701527
Price Change: ▼ $20,000 1790280972
Year Built: 1880
Stories: 2
Bedrooms: 6
Bathrooms: 3
Acres: 0.28
Living Area: 3,366
Region: Geneva

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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.

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Additional Information

Taxes: $7,671
Interior Features: Natural Woodwork
Exterior Features: Enclosed Porch, Porch
Style: Triplex
School District: Geneva
Water: Connected, Public
Sewer: Connected