171-173 E Genesee Street, Auburn, NY 13021
MULTI_FAMILY - Other - Auburn, NY
Property Features for 171-173 E Genesee Street
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property occupies a 0.1492-acre corner lot near Hoopes Park, with outdoor space, natural light, and added separation between the two residences. Construction includes vinyl siding and an asphalt shingle roof. Both units are served by forced-air natural gas heat and public water, with flooring that includes hardwood and vinyl finishes.
Key Highlights
- 3,304 sq. ft. side‑by‑side duplex
- Two units with 3 bedrooms and 1.5 bathrooms each
- One unit vacant; the second unit occupied and producing rental income
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $51.5k | $15.60 |
| − Vacancy | −$3.2k | −$0.97 |
| EGI | $48.3k | $14.63 |
| − OpEx | −$21.8k | −$6.58 |
| NOI | $26.6k | $8.05 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 13021, NY
Market
Vacancy Rate% for Multifamily in Northeast region