288 Genesee Street

    Auburn, NY 13021
    • $225,000
    • STATUS: Active
    • ON SITE: 114 days
    • MLS #: S1187948
    $225,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,316
      SQFT
    • $24
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1960
    County:

    School Ratings & Info

    School District:

    Description

    Great investment opportunity that produces cash. Sit back & collect $$$$$. Over $4000.00 a month in gross income. 12.73% cap rate. This multi use 9316 sq ft. Building has frontage on both Genesee and Van Patten street, a busy corner lot in Auburn, N.Y. close to shopping including Tops, Bass Pro and more. The 1st floor, features a long, well established Restaurant with a dining room & lounge area that seats up to a 100 people with outdoor dining in the warmer months. It has a current long term lease tenant. There are 2-3 bedroom, 1 bath apartments on the 2nd floor, that have recently been remodeled and are leased. Buildings has C of O that is current. The Sale includes building only.

    Monthly Payment Calculator

    ©2019 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Updegraff Group shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Updegraff Group are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2019-08-18T00:14:03.5.
    www.updegraffgroup.com/homes/94063612

    288 Genesee Street Auburn, NY 13021

    • Price: $225,000
    • Status: Active
    • MLS #: S1187948
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    9,316
    SQFT
    $24
    $/SQFT
    1960
    Built
    Neighborhood:
    Auburn-050100
    County:
    Cayuga
    Area:
    Auburn-050100
    School District:
    Auburn
    Property Description
    Great investment opportunity that produces cash. Sit back & collect $$$$$. Over $4000.00 a month in gross income. 12.73% cap rate. This multi use 9316 sq ft. Building has frontage on both Genesee and Van Patten street, a busy corner lot in Auburn, N.Y. close to shopping including Tops, Bass Pro and more. The 1st floor, features a long, well established Restaurant with a dining room & lounge area that seats up to a 100 people with outdoor dining in the warmer months. It has a current long term lease tenant. There are 2-3 bedroom, 1 bath apartments on the 2nd floor, that have recently been remodeled and are leased. Buildings has C of O that is current. The Sale includes building only.
    Exterior Features

    Architectural Style 2 Unit Condo Construction Materials BlockConcrete Lot Features Corner Lot Parking Features Two Spaces Waterfront YN No

    Interior Features

    Basement Full Cooling Central Air Cooling YN Yes Fireplace YN No Fireplaces Total 0 Flooring Ceramic TileHardwoodLaminate Foundation Details Basement Heating GasBaseboard Heating YN Yes Levels Two

    Property Features

    Business Type Mixed Listing Terms CashConventionalFha Possession Close Of Escrow Property Sub Type Multi Family Rent Includes OtherSee Remarks Sewer ConnectedPublic Sewer Special Listing Conditions Standard Tax Annual Amount 5950 Water Source ConnectedPublic Zoning Description Commercial

    Listing information © 2019 CNYIS, GENRIS, WNYREIS. Listing provided courtesy of Hunt Real Estate Era.
    ©2019 CNYIS, GENRIS, WNYREIS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor Updegraff Group shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than Updegraff Group are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name. Data last updated: 2019-08-18T00:14:03.5.
     
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