379 S Main St, Geneva, NY 14456
Income-generating historic row home with Seneca Lake views, a stone patio courtyard, and an active furnished short-term suite.
- Added:
- Jun 1, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 6 at 3:28 am
Property Features for 379 S Main St
General Information
- Standard status
- Active
- Size
- 4,500 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1830
Listing agent Evan Schaefer License #10301220657 (585) 337-1764
Listing office NORCHAR (585) 337-1764
Listing date Jun 1, 2026
Source Elliman
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 NORCHAR
HighLights
- Historic Macberns House built in 1830: 4,500+ sq ft brick row home across three levels overlooking Seneca Lake.
- Over $250,000 in recent improvements, including fully renovated kitchens and bathrooms and professionally designed interiors.
- Top floor operates as a fully furnished Airbnb suite with established booking history; future reservations and included furnishings/appliances transfer with the sale.
- 1st floor and lower‑level spaces are tenant occupied, providing stable long‑term income.
- Features include original hardwood floors, seven wood‑burning fireplaces, and high ceilings.
- Includes a fenced courtyard with stone patio and a detached garage; basement offers a laundry room.
Overview
Located in Geneva’s Historic South Main Street District, the property sits within a nationally recognized area featuring buildings dating back to 1825–1850 and Greek Revival, Victorian, and late-19th/20th-century revival architecture. The home is designated as a historical landmark. Additional features include a fenced courtyard with a stone patio, a detached garage, and a basement laundry room. Walkability is supported by a Walk Score of 88 (Very Walkable) and a Bike Score of 48 (Somewhat Bikeable), with downtown shopping, restaurants, Hobart & William Smith Colleges, and the Smith Opera House within walking distance.
This configuration is well-suited for investors or owner-operators seeking a property that blends an actively operated furnished short-term suite with separately occupied long-term rental space. The current setup also supports continuity through included reservations and turnkey contents for the upper-level Airbnb operation, while the remaining levels provide ongoing tenant occupancy.
Local 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 | $101.5k | $22.56 |
| − Vacancy | −$8.1k | −$1.80 |
| EGI | $93.4k | $20.76 |
| − OpEx | −$42.0k | −$9.34 |
| NOI | $51.4k | $11.42 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Geneva
- County
- Ontario
- State
- New York
- Longitude
- -76.9846521
- Latitude
- 42.8661058
