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5-Unit Apartment Building

253 Genesee St, Auburn, NY 13021

For Sale
New
$369,900

Four one-bedroom apartments and one two-bedroom apartment are fully occupied, with tenants paying their own utility costs.

Property Size6,423 SF
Days on Market4

Property Features for 253 Genesee St

General Information

Standard status Active
Size 6,423 SF
Property subtype Investment
Occupancy 100%

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 4 x 1BR, 1 x 2BR
Multifamily Units 5
Individually Metered Utilities gas, electricity

Additional Details

Gross Income $58,800
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $3,509

Building Details

Building Size 6,423 SF
Year Built 1950
Stories 2
Units 5
Listing Agency: CANDY COSTA REAL ESTATE LLC
Listed By: Julie A Rizzo · License #10401303422
Source: Elliman
Added: Nov 6 Last Checked: Nov 8 at 7:23AM

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 CANDY COSTA REAL ESTATE LLC

Rey
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Investment Insights

Based on property information with market context.

This 5-unit apartment property contains four one-bedroom residences and one two-bedroom residence, and all units are occupied. Separate gas and electric meters are in place, and tenants pay their own utilities. Off-street parking serves the property, which was built in 1950.

At 253 Genesee St in Auburn, the property is near a city bus route, shopping, dining, schools, employment, and other local amenities. Its bike score is 39 and its walk score is 62.

Key Highlights

  • Five apartments: four 1‑bedroom units and one 2‑bedroom unit
  • All units occupied
  • Separate gas and electric meters; tenants pay their own utilities

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

107
Businesses Nearby

Demographics for 13021, NY

38,479
Population
18,847
Households
2
Avg Household Size
44
Median Age
27%
College-Educated
91%
High-School Grad
119.2 sq mi
ZIP Area
323
Density / Sq Mi
$58,946
Median Household Income
$41,990
Median Earnings
$874
Median Rent
$169,300
Median Home Value
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Four one-bedroom apartments and one two-bedroom apartment are fully occupied, with tenants paying their own utility costs.
Where is this apartment building located?
The property is located at 253 Genesee St Auburn, NY.
What is the asking price?
The asking price for this property is $369,900.
What are key features of this property?
This property features: Five apartments: four 1‑bedroom units and one 2‑bedroom unit; All units occupied; Separate gas and electric meters; tenants pay their own utilities
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