31 Genesee Street, Geneva, NY 14456

Local realty services provided by:CENTURY 21 North East
31 Genesee Street,Geneva, NY 14456
$325,000
  • 6 Beds
  • 3 Baths
  • 3,366 sq. ft.
  • Multi-family
  • Active
Listed by: evan schaefer
Office: norchar, llc.
MLS#:R1622153
Source:NY_GENRIS

Price summary

  • Price:$325,000
  • Price per sq. ft.:$96.55

About this home

Investor Opportunity: 31 Genesee Street in Geneva, NY is a fully occupied, low-capex 3-family property delivering a 11% cap rate on current operations, with an in-place NOI of $34,575/year. The building features three (3) separately metered, 2 Bedroom, 1 Bath apartments across three levels, including an upper unit with a private rear stairway entrance and a dedicated mudroom/storage area. The main level includes a shared storage room for larger items which is accessible to Apartments 2 and 3. Operational highlights include keypad entry, a secured utility room for mechanicals and owner storage, a new sewer line from the street, new membrane roof, and a newer boiler & hot water heater. The property is fully occupied and will included all landlord-owned appliances at closing. Tenants pay for internet and electric in addition to rent. The property is professionally managed by a local management company whom could continue oversight for a new owner if preferred. The property will

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Home facts

  • Year built:1880
  • Listing ID #:R1622153
  • Added:168 day(s) ago
  • Updated:December 31, 2025 at 03:45 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:3
  • Full bathrooms:3
  • Living area:3,366 sq. ft.

Heating and cooling

  • Heating:Gas, Hot Water

Structure and exterior

  • Roof:Membrane, Rubber
  • Year built:1880
  • Building area:3,366 sq. ft.
  • Lot area:0.28 Acres

Schools

  • High school:Geneva High
  • Middle school:Geneva Middle
  • Elementary school:North Street Elementary

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$325,000
  • Price per sq. ft.:$96.55
  • Tax amount:$5,300