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Updated Brick 3-Unit Triplex
For Sale
$299,000

31 Genesee Street, Geneva, NY 14456

Fully rented multifamily property with refreshed apartments, off-street parking, and dedicated owner storage space.

Property Size3,366 SF
Days on Market21

Property Features for 31 Genesee Street

General Information

Standard status Active
Size 3,366 SF
Property subtype Multi Family
Occupancy 100%

Additional Details

Cap Rate 10%
Multifamily Units 3

Taxes and HOA fees

Annual Taxes $8,166

Building Details

Building Size 3,366 SF
Year Built 1880
Construction solid brick
Listing Agency: Howard Hanna
Listed By: Belinda A. Fratto · License #30FR0894907
Source: Highfallssir
Added: Jul 31 Changed: Aug 17 Last Checked: Aug 19 at 3:30PM

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 Howard Hanna

Investment Insights

Based on property information with market context.

This brick triplex contains three updated apartments within an 1880-built property. The building is fully rented and includes a separate utility and storage room for owner use, secured by keypad access. A newer boiler and newer hot water heater, both installed within the past few years, support the property’s operating systems. Tenants pay their own gas and electric utilities.

The property is located at 31 Genesee Street in Geneva City, NY, on a very deep lot with ample off-street parking. Financial materials include a current rent roll and P&L statement, and the property carries an approximate 10% cap rate.

Key Highlights

  • Three‑unit brick multifamily property built in 1880
  • Fully rented with an approximate 10% cap rate
  • Updated apartments throughout the property

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Plumbing Service Garden Center Locksmith (Bike/Boat/Book/etc) Store 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.

Lease Details

3
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

655
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 - Fully rented multifamily property with refreshed apartments, off-street parking, and dedicated owner storage space.
Where is this triplex located?
The property is located at 31 Genesee Street Geneva, NY.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Three‑unit brick multifamily property built in 1880; Fully rented with an approximate 10% cap rate; Updated apartments throughout the property
More about this property
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