288 Genesee Street

    Auburn, NY 13021
    • $225,000
    • STATUS: Active
    • ON SITE: 51 days
    • MLS #: S1187952
    UPDATED: 72 min ago
    $225,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,316
      SQFT
    • $24
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:

    School Ratings & Info

    School District:

    Description

    GREAT INVESTMENT OPPORTUNITY, THAT PRODUCES CASH! Sit back and collect $$$$!! $4100.00 a month 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: 2019-06-17T22:13:41.363.
    www.updegraffgroup.com/homes/94086152

    288 Genesee Street Auburn, NY 13021

    • Price: $225,000
    • Status: Active
    • Updated: 72 min ago
    • MLS #: S1187952
    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 and collect $$$$!! $4100.00 a month 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

    Available Parking Spaces 6 Construction BlockConcrete Location Business DistrictCorner Lot Dimensions Depth 117 Lot Dimensions Frontage 49 On Waterfront No Parking Description CommonSurfaced Public Transportation 1 Block Roof Description Asphalt

    Interior Features

    3 Bedroom Units 2 Basement Description Full Bedrooms Fourth Floor 0 Building Miscellaneous Restroom - PublicSecurity Service Fireplaces Total 0 Floor Description Hardwood-SomeLinoleum/Vinyl Full Baths Fourth Floor 0 Half Baths Fourth Floor 0 Hvac Type Ac-CentralHeat-CentralHot WaterIndividualSeparate Meter Living Quarters Description Apartment Residential Square Feet 3000 Seating Capacity 101

    Property Features

    Available Documents Certificate Of OccupancyLease/SubleaseLiquor License Boiler Type Hot Water Boiler Buildings 1 Businessis Franchise YN No Category ApartmentsBusiness OpportunityCommercialMixed UseOffice City Village Tax 2290 Electric Service 120/208V120/240V220V Heating Fuel Description Gas Income Expense Information Estimated Leases 3 Living Quarters Yn Yes Lot Number 30 Nearest Cross Street Van Patten Operating Expenses Include Accounting/LegalOther - See Remarks Possible Financing CashConventional Property Use Conforming Sale Includes Land And Building School Tax 3315 Sewer Water Public Sewer ConnectedPublic Water Connected Subdivision Comm Complex Map/49 City Lts Surv Total Taxes 6040 Town County Tax 435 Transaction Type Sell Type Of Building Bar /TavernResidentialRestaurant / FoodRetail Type Of Sale Normal Village Not Applicable Year Built Description Existing Zoning Code C1

    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: 2019-06-17T22:13:41.363.
     
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