288 Genesee Street

    Auburn, NY 13021
    • $225,000
    • STATUS: Active
    • ON SITE: 51 days
    • MLS #: S1187948
    UPDATED: 48 min ago
    $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.

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    ©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: 2019-06-16T12:13:43.71.
    www.updegraffgroup.com/homes/94063612

    288 Genesee Street Auburn, NY 13021

    • Price: $225,000
    • Status: Active
    • Updated: 48 min ago
    • 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

    Exterior Construction Concrete Block Lot Dimensions Depth 117 Lot Dimensions Frontage 49 Lot Information Commercial ZoningCorner Lot On Waterfront No Parking Driveway 2 Or More Spaces Type Of Residence 2 UnitMixed Use

    Interior Features

    Attic Description None Basement Description Full Bedrooms Fourth Floor 0 Fireplaces Artificial 0 Fireplaces Freestanding 0 Fireplaces Gas 0 Fireplaces Not Rep To Code 0 Fireplaces Other 0 Fireplaces Pellet 0 Fireplaces Total 0 Fireplaces Woodburning 0 Fireplaces Woodstoves 0 Floor Description Ceramic-SomeHardwood-SomeLaminate-Some Full Baths Fourth Floor 0 Half Baths Fourth Floor 0 Hvac Type Ac-CentralBaseboard

    Property Features

    Apartments 2 City Village Tax 2290 Electric Meters 3 Gas Meters 3 Heating Fuel Description Gas Heating Units 3 Lot Number 30 Nearest Cross Street Van Patten Operating Expenses Include Other - See Remarks Possible Financing CashConventionalFha Rent Includes Other - See Remarks School Tax 3315 Sewer Description Sewer Connected Subdivision Comm Complex Map/49 City Lts Surv Total Taxes 5950 Town County Tax 345 Type Of Sale Normal Village Not Applicable Water Heater Fuel Gas Water Resources Public Connected Year Built Description Existing

    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: 2019-06-16T12:13:43.71.
     
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