About 31 Genesee Street
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.
Features of 31 Genesee Street
| MLS® # | R1701527 |
|---|---|
| Price | $299,000 |
| Bedrooms | 6 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 3,366 |
| Square Footage | 12197 |
| Acres | 0.28 |
| Year Built | 1880 |
| Type | Residential |
| Sub-Type | Multi Family |
| Style | Triplex |
| Status | Active |
Community Information
| Address | 31 Genesee Street |
|---|---|
| Area | Geneva-City |
| Subdivision | Downtown |
| City | Geneva City |
| County | Ontario |
| State | NY |
| Zip Code | 14456 |
Amenities
| Utilities | Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected, Heat, Snow Removal, Trash Collection, Water |
|---|---|
| Features | Rectangular, Rectangular Lot, Residential Lot |
| Parking | Paved, Parking Available, Two or More Spaces |
| Garages | Paved, Parking Available, Two or More Spaces |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Ceramic Tile, Hardwood, Laminate, Varies |
|---|---|
| Interior Features | Natural Woodwork |
| Appliances | Gas Water Heater |
| Heating | Gas, Steam |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Partial |
Exterior
| Exterior | Brick |
|---|---|
| Exterior Features | Enclosed Porch, Porch |
| Lot Description | Rectangular, Rectangular Lot, Residential Lot |
| Windows | Storm Window(s), Wood Frames |
| Roof | Membrane, Rubber |
| Construction | Brick |
| Foundation | Stone |
School Information
| District | Geneva |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Howard Hanna |
|---|---|
| Contact Info | 315-521-7413 |