Historic Geneva Triplex Overlooking
379 S Main Street, Geneva, NY 14456
New
MULTI_FAMILY - Other - Geneva, NY
Property size:
4,554 SFLot size:
0.09 AcresPrice / SF:
$171/SF- Added:
- May 27, 2026
- Days on Market:
- 1
- Last Refresh:
- May 27 at 6:06 pm
Property Features for 379 S Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 6, Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 7, Bathroom 2, Bedroom 2, Bedroom 5, Basement, Bedroom 3, Bathroom 3
- Parking features
- Garage, Driveway
- Window features
- Wood Frames
- Patio and Porch features
- Patio
- Interior features
- Storage, ProgrammableThermostat
- Exterior features
- Balcony, FullyFenced, Patio, PrivateYard
- Fencing
- Fenced
- Fireplace
- 1
- Appliances
- GasWaterHeater
- Standard status
- Active
- APN
- 320500-104-050-0002-035-000-0000
- Size
- 4,554 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10505
Utilities
- Heating system
- Hot Water(Heating), Natural Gas
- Water source
- Public
- Water front features
- Lake
- Water front
- 1
Building Details
- Year built
- 1830
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Tile, Hardwood, Varies
- Building materials
- Brick
- Roof type
- Asphalt
- Architectural style
- Other
- Additional Structures
- Storage
Listing agent Evan Schaefer License #10301220657 (585) 337-1764
Listing office NORCHAR, LLC 389 Park Ave, Rochester, NY (585) 244-4444
Listing date May 27, 2026
MLS# R1685037
Listing URL
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turn‑key investment property with established Airbnb suite and long‑term tenant income.
- Historic Landmark property in Geneva's South Main Street District with Seneca Lake views.
- Over $250,000 in recent renovations including kitchens, bathrooms, and professionally designed interiors.
- Spacious 4,500 sq ft layout with seven bedrooms, and three bathrooms.
- Original features include hardwood floors and seven wood‑burning fireplaces.
- Desirable location with unmatched walkability to downtown, colleges, and the Smith Opera House.
Overview
Located in Geneva's Historic South Main Street District, the Macberns House is an 1830s brick row home overlooking Seneca Lake. This historical landmark offers over 4,500 square feet across three levels. The property has undergone over $250,000 in recent improvements, including fully renovated kitchens and bathrooms, and professionally designed interiors. The top floor is currently operating as a fully furnished Airbnb suite with an established booking history, and future reservations along with all furnishings, fixtures, decor, and appliances are included in the sale. The first floor and lower-level spaces are currently tenant-occupied, providing stable long-term income. The property features original hardwood floors, seven wood-burning fireplaces, and high ceilings. The property also includes a fenced courtyard with a stone patio, and a detached garage. A laundry room is located in the basement. The 0.0909-acre lot provides unmatched walkability to downtown shopping, restaurants, Hobart & William Smith Colleges, and the Smith Opera House. The district is a nationally recognized area with buildings dating back to 1825-1850, showcasing Greek Revival, Victorian, and late-19th/20th-century revival architecture.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$648.0K
NOI $58,321 @ 9.00% cap · cautious / downside scenario
Moderate
$833.2K
NOI $58,321 @ 7.00% cap · market / base-case scenario
Aggressive
$1.17M
NOI $58,321 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.2k | $19.80 |
| − Vacancy | −$6.9k | −$1.50 |
| EGI | $83.3k | $18.30 |
| − OpEx | −$25.0k | −$5.49 |
| NOI | $58.3k | $12.81 |
4,554 SF · lease $19.80/SF/yr · vacancy 7.60% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$833.2K
$729.0K – $972.0K
NOI $58,321 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$742.7K
$649.8K – $866.4K
NOI $51,986 @ 7.0% cap · market cap 6.67%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,415 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Best Willard C
Law Firm
Location Insight
- Map
- Local Demand
- City
- Geneva
- County
- Ontario
- State
- New York
- Longitude
- -76.984652
- Latitude
- 42.86614
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Historic triplex with modern updates, lake views, and income potential.
Where is this triplex located?
The property is located at 379 S Main Street Geneva, NY.
What is the asking price?
The asking price for this property is $779,000.
What are key features of this property?
This property features: Turn‑key investment property with established Airbnb suite and long‑term tenant income.; Historic Landmark property in Geneva's South Main Street District with Seneca Lake views.; Over $250,000 in recent renovations including kitchens, bathrooms, and professionally designed interiors.
