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Three-Unit Property in Geneva, NY
For Sale
$329,900
Pending

122 Lafayette Ave, Geneva, NY 14456

Three-unit property with rental income potential in Geneva, NY.

Property Size4,194 SF
Days on Market133

Property Features for 122 Lafayette Ave

General Information

Standard status Pending
Size 4,194 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $5,585

Building Details

Building Size 4,194 SF
Year Built 1920
Stories 2
Units 3
Listing Agency:
Listed By: Gabriel Eli White
Source: Elliman
Added: Apr 1 Changed: Aug 8 Last Checked: Aug 11 at 11:17AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gabriel Eli White

Investment Insights

Based on property information with market context.

This three-unit property features a brick home built in 1920, complemented by a vinyl addition from 1960. The property includes two 2-bedroom units and one 3-bedroom unit. Currently, two of the units are rented, including one unit occupied by a family at a reduced rental rate. One unit is available for immediate occupancy. The property presents an opportunity for investors or owner-occupants seeking to generate rental income while residing on-site. The location has a walk score of 88, indicating it is very walkable, and a bike score of 48, indicating it is somewhat bikeable. With a solid rental history and flexible options, this property is suited for value enhancement.

Key Highlights

  • Very Walkable location (Walk Score: 88)
  • Three units: two 2‑bedroom and one 3‑bedroom
  • Income‑generating potential with two units currently rented

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Plumbing Service Garden Center Locksmith Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

949
Businesses Nearby

Demographics for 14456, NY

19,602
Population
9,087
Households
2.2
Avg Household Size
38
Median Age
34%
College-Educated
90%
High-School Grad
77.3 sq mi
ZIP Area
254
Density / Sq Mi
$74,691
Median Household Income
$38,782
Median Earnings
$967
Median Rent
$166,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with rental income potential in Geneva, NY.
Where is this triplex located?
The property is located at 122 Lafayette Ave Geneva, NY.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Very Walkable location (Walk Score: 88); Three units: two 2‑bedroom and one 3‑bedroom; Income‑generating potential with two units currently rented
More about this property
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