31 Genesee Street, Geneva-City, 14456
ML Number: R1701527
List Price: $279,000
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.
Aerial View of this Location
| Property Type: | Multi-Family Res (2-4) units |
|---|---|
| Bedrooms: | 6 |
| Full Bath(s): | 3 |
| Half Bath(s): | 0 |
| Living Area (SqFt): | 3,366 |
| Lot Size (Acres): | 0.2800 |
| Year Built: | 1880 |
| Address: | 31 Genesee Street |
|---|---|
| City: | Geneva-City |
| County: | Ontario |
| State: | NY |
| Zip Code: | 14456 |
| School District: | Geneva |
| List Price: | $279,000 |
|---|---|
| Assessed Value: | $0 |
| Tax id: |
Property Features
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| On Waterfront: | No |
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| # Fireplaces: | 0 |
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Listing courtesy of Howard Hanna
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