Building Details

Tenancy Multi

Listing Agency: Canaan Realty c***@gmail.com Show Phone

Listed By: Allen Olmsted · License #NY 37OL0750434

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 7:25PM

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Investment Insights

Based on property information with market context.

This for-sale multifamily property includes two buildings on one site, totaling seven apartment units. The main (front) building contains five units, with two additional units in a converted carriage house. The property is described as low maintenance, and it is currently fully rented with month-to-month tenants.

On-site parking is provided. The current total rents are just under $65,000 annually, and the public remarks note that some units have been updated while others need updating. The location is described as convenient for commuting, close to Township 5, and only minutes to downtown.

For prospective owners, the configuration of five units in the main building plus two units in the converted carriage house supports a straightforward two-building, single-site apartment setup.

Key Highlights

• Two buildings on one site with 7 rental units and on‑site parking
• Main front building includes 5 units; converted carriage house adds 2 units
• Total rents are just under $65,000 annually

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Auto Repair Shop Electrical Service Grocery & Convenience Store Furniture & Home Goods

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

Lease Details

7

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

172

Businesses Nearby

Explore this area Business Placement

Demographics for 13031, NY

16,335

Population

7,414

Households

2.2

Avg Household Size

44

Median Age

45%

College-Educated

96%

High-School Grad

24.3 sq mi

ZIP Area

672

Density / Sq Mi

$92,687

Median Household Income

$56,024

Median Earnings

$1,281

Median Rent

$207,100

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?

Apartment building - Two buildings on one site provide seven rental units with on-site parking.

Where is this apartment building located?

The property is located at 16 Genesee St Camillus, NY.

What are key features of this property?

This property features: Two buildings on one site with 7 rental units and on‑site parking; Main front building includes 5 units; converted carriage house adds 2 units; Total rents are just under $65,000 annually