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311 Genesee St East Fayetteville, NY 13066

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For Sale
$900,000

Six-unit residential package in Fayetteville-Manlius school district, walking distance to amenities.

Property size:
6,957 SF

Property Features for 311 Genesee St East

General Information

Size
6,957 SF

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Listing Contact
John L. Clark, Sior, Cre
Source: Pyramidbrokerage

Listing Agent: John L. Clark, Sior, Cre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Fayetteville Six-Unit Residential Package

This package includes two properties, 311 and 313 East Genesee Street in Fayetteville, offering a total of six residential units. The properties are located in the Fayetteville-Manlius school district, within walking distance of local shopping, restaurants, coffee shops, and fitness facilities. 311 East Genesee Street features three fully leased units. The owner is responsible for common area electric and OCWA, while tenants cover their own utilities. All units are occupied by long-term tenants. Exterior was painted in 2024, and the roof is in good condition. Heating systems and hot water heaters have been replaced within the last 10 years, with each unit having its own system. Shared private parking is available in the rear with 313 East Genesee. Unit 1, located on the entire first floor, includes 4 entrances (2 private), a 2-car attached garage, wood floors, an eat-in kitchen, living room, multiple closets, laundry room, 2 full baths, 2-3 bedrooms, an office, and a large sun porch. Unit 2, on the second floor, has 2 entrances (1 private), new windows, an open kitchen/dining/living area, a laundry room, 3 medium-sized bedrooms, and 1 full bath with double sinks. Unit 3, also on the second floor, has a shared front entrance, a small kitchen, living room, bedroom, and full bath. 313 East Genesee Street also features three fully leased units. The owner pays for common areas electric and OCWA, with tenants responsible for their own utilities. The exterior of the building was painted in 2024, and the roof is in good condition. Heating systems and hot water heaters have been replaced within the last 7 years, with each unit having its own system. Shared private parking is available in the rear with 311 East Genesee. Unit 1, downstairs in the front with a private entrance, was renovated in 2023-24 and includes wood floors, new windows, exposed beams, an exposed brick stand-alone fireplace, leaded glass windows, 2 bedrooms, 2 full baths, an office, a great room, a cathedral ceiling kitchen, new appliances, and in-unit laundry. Unit 2, on the second floor front, was renovated less than 7 years ago and features wood floors, built-ins, laundry on the same floor, a private entrance, 2 bedrooms, one full bath, a kitchen, dining room, living room, and office. Appliances are less than 5 years old. Unit 3, a back unit with 2 floors and a private entrance, was renovated more than 15 years ago and includes wood floors, 2 small bedrooms upstairs, and a living/dining space, kitchen, and bathroom (shower only) downstairs. It has access to a shared washer and dryer on the 2nd floor. Both properties are located in an historic district.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

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  • Local Demand
City
Fayetteville
County
State
New York
Longitude
-76.00799
Latitude
43.029782

FAQs

What type of property is this?
Apartment building - Six-unit residential package in Fayetteville-Manlius school district, walking distance to amenities.
Where is this apartment building located?
The property is located at 311 Genesee St East Fayetteville, NY.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: - Prime location in the Village of Fayetteville, walk to shops, restaurants, coffee, and fitness, in the Fayetteville-Manlius school district.; - Package deal includes two properties (311 & 313 East Genesee St) with 6 fully leased units, providing immediate rental income.; - Tenants pay their own utilities, reducing owner expenses to common area electric and OCWA.
More about this property
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