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31 Genesee St Geneva, NY 14456

For Sale
$325,000

MULTI_FAMILY - Other - Geneva, NY

Property size:
3,366 SF
Lot size:
0.28 Acres
Days on Market:
75
Last Refresh:
Dec 14 at 4:06 pm

Property Features for 31 Genesee St

General Information

Special listing conditions
Standard
Property type
Residential Multi Family
Property subtype
Other
TransactionType
Standard
Standard status
Active
Rooms
Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Basement, Bathroom 2
Bedrooms
6
Bathrooms
3
APN
320500-104-026-0001-046-000-0000
Interior features
ProgrammableThermostat
Size
3,366 SF
Lot size
0.28 Acres

Utilities

Heating system
Hot Water(Heating), Natural Gas
Water source
Public

Building Details

Year built
1880
Floors in Building
2
Number of units
3
Flooring type
Varies, Hardwood, Tile, Vinyl
Building materials
Brick
Roof type
Membrane, Rubber
Architectural style
Other

NORCHAR (585) 333-2906 [email protected]

Listing agent Evan Schaefer (585) 244-4444 License #10301220657

Listing date Oct 1, 2025

Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Fully Occupied Geneva Triplex Investment

Located in Geneva, NY, 31 Genesee Street is a fully occupied three-family property. The building contains three separately metered apartments, each featuring 2 bedrooms and 1 bath, distributed across three levels. One upper unit includes a private rear stairway entrance and a dedicated mudroom/storage area. A shared storage room for larger items is accessible to two of the apartments on the main level. The property has keypad entry and a secured utility room for mechanicals and owner storage. Operational highlights include a new sewer line from the street, a new membrane roof, and a newer boiler & hot water heater. The property is situated on a 0.28-acre lot. The property is professionally managed by a local management company. The property will trade with a fresh Certificate of Occupancy. The property is 3,366 square feet. All landlord-owned appliances are included at closing. Tenants are responsible for internet and electric in addition to rent. This stabilized triplex is suitable for investors seeking solid returns and low operational overhead.
Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Geneva
County
Ontario
State
New York
Longitude
-76.983572
Latitude
42.874506

FAQs

What type of property is this?
Triplex - Stabilized triplex in Geneva, NY with strong rental demand.
Where is this triplex located?
The property is located at 31 Genesee St Geneva, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: - High Cap Rate: Enjoy an 11% cap rate on current operations with an in-place NOI of $34,575/year.; - Fully Occupied: Stabilized triplex with all units currently rented, ensuring immediate income.; - Low Capex: Minimal capital expenditure needs due to recent upgrades and a fresh Certificate of Occupancy.
More about this property
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