31 Genesee St, Geneva, NY 14456
Fully occupied triplex with three separately metered two-bedroom units and recent key building improvements.
- Added:
- Jun 21, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 23 at 2:12 am
Property Features for 31 Genesee St
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1880
Listing office NORCHAR (585) 337-1764
Listing date Jun 21, 2026
Source Elliman
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HighLights
- Fully occupied 3‑family triplex built in 1880 with three separately metered 2 bed, 1 bath apartments across three levels
- In‑place NOI of $34,575/year on current operations and an 11% cap rate
- Key building improvements include a new sewer line from the street, new membrane roof, and a newer boiler & hot water heater
- Tenants pay for internet and electric in addition to rent; property is delivered with landlord‑owned appliances included at closing
- Security and access features include keypad entry and a secured utility/mechanical room plus owner storage
- Professional local management in place and could continue for a new owner if preferred
Overview
The building is set up with keypad entry, and it includes a secured utility room for mechanicals and owner storage. The property has seen several operational improvements, including a new sewer line from the street, a new membrane roof, and a newer boiler and hot water heater. Tenants pay for internet and electric in addition to rent.
For investors or owner-operators seeking a stabilized residential income property, this triplex is professionally managed by a local management company that could continue oversight after closing if preferred. The offering will include all landlord-owned appliances at closing and is described as trading with a fresh Certificate of Occupancy, supporting continuity for a new owner with minimal immediate capital needs.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Geneva
- County
- Ontario
- State
- New York
- Longitude
- -76.9842236
- Latitude
- 42.876802