About 288 Genesee Street
Prime Investment Opportunity –multi-use commercial building is a money-maker from day one! Currently appraised at $360,000. Current rents: 1st floor Restaurant/Bar $2500 month, Apartment #2 $950 month, Apartment #1 $875 month for a total of $4325 per month. This multi-use 9316 sq. ft. Building has frontage on both Genesee and Van Patten Street, a high-traffic high-visibility corner lot in Auburn, N.Y. close to shopping including Tops, Bass Pro and more. The main level features a fully operational restaurant/bar seating upto 100 patrons with outdoor seating possible. The restaurant equipment and furnishings belong to the restaurant tenant. This offers an ideal spot for you to open your own Restaurant/Bar business or continue with the current existing well-established tenant for steady income. Upstairs, you’ll find two spacious, fully rented 3-bedroom apartments with long term tenants, providing reliable rental revenue. With multiple streams of income under one roof, this property is perfectly positioned to maximize returns. There was a new boiler & hot water heater installed for apartment #1 in 2024, a new range and refrigerator in 2024. In 2025 there was a new boiler & hot water heater installed for apartment #2 as well as well being completly remodeled in Febuary of 2026 with a new range in 2026 and new refrigerator in 2025 a new range in 2026 and refrigerator in 2025. The central air & heat unit was replaced in 2019 in the restaurant/bar. Whether you’re an experienced investor or just getting started, this is the kind of property that builds wealth – commercial exposure, residential stability, and cash flow you can count on! Sale includes building only.
Features of 288 Genesee Street
| MLS® # | S1672473 |
|---|---|
| Price | $239,000 |
| Bedrooms | 6 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 9,316 |
| Square Footage | 5725 |
| Acres | 0.13 |
| Year Built | 1948 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 288 Genesee Street |
|---|---|
| Area | Auburn |
| Subdivision | Map/49 City Lts Surv |
| City | Auburn |
| County | Cayuga |
| State | NY |
| Zip Code | 13021 |
Amenities
| Utilities | Sewer Connected, Water Connected, Trash Collection, Water |
|---|---|
| Features | Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Parking | Parking Available |
| Garages | Parking Available |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood, Laminate, Resilient, Varies, Vinyl |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Gas, Baseboard, Forced Air, Hot Water |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Block, Concrete |
|---|---|
| Exterior Features | Balcony |
| Lot Description | Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot |
| Roof | Asphalt |
| Construction | Block, Concrete |
| Foundation | Block |
School Information
| District | Auburn |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Hunt Real Estate ERA |
|---|