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    112 Andes Ave, Unit 110 Geneva, NY 14456

    For Sale
    $399,900

    Seven properties, fifteen units, fully occupied, strong market rates.

    Lot size:
    0.57 Acres

    Property Features for 112 Andes Ave

    General Information

    Lot size
    0.57 Acres

    Building Details

    Year built
    1940

    Source: Acropolis Realty Group LLC Agent Mark Bellucci

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

    Overview

    Turnkey Investment Portfolio Opportunity

    This is a package deal featuring seven fully occupied properties, comprising a total of 15 apartment units. The properties have been professionally managed. All units are currently rented at strong market rates, providing cash flow. The properties are located near colleges, Seneca Lake, NYS Wine Trail, local coffee shops, parks, and other amenities. This portfolio is suited for investors looking to expand their holdings. The properties included in this package are: 10 Worthington Ave, 25 Grove St, 8-10 Grove St, 110-112 Andes Ave, 72 Madison St, 135 North St, and 79-81 Wadsworth St.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -76.9715851
    Latitude
    42.8746325

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    FAQs

    What type of property is this?
    Apartment building - Seven properties, fifteen units, fully occupied, strong market rates.
    Where is this apartment building located?
    The property is located at 112 Andes Ave, Unit 110 Geneva, NY.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Turn-key investment: Portfolio of 7 fully occupied properties with 15 apartment units.; - Immediate and reliable cash flow: All units rented at strong market rates.; - Professionally managed and meticulously maintained properties.
    (315) 720-4279
    Request Owner's contact information
    112 Andes Ave, Unit 110 Geneva, NY 14456
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    112 Andes Ave, Unit 110 Geneva, NY 14456
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