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.