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Duplex with Porches

53 E Genesee Street, Auburn, NY 13021

For Sale
$175,000

Residential, Auburn, NY

Property Size1,856 SF
Lot Size0.09 Acres
Price / SF$94.29
Days on Market50

Property Features for 53 E Genesee Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 6
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 2, Basement
Patio and Porch features Porch
Exterior features FullyFenced
Fencing Fenced
Appliances GasWaterHeater
Lot features Irregular Lot, Near Public Transit
Elementary school district Auburn
Middle school district Auburn
High school district Auburn
Subdivision Auburn-050100
Standard status Active
APN 050100-116-046-0002-005-000-0000
Size 1,856 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 2637

Utilities

Heating system Forced Air, Natural Gas
Water source Public

Amenities

porch
off-street parking
tin ceilings

Building Details

Year built 1920
Floors in Building 2
Number of units 2
Flooring type Resilient, Hardwood, Carpet, Varies
Building materials WoodSiding
Buildings 1
Listing Agency: Candy Costa Real Estate LLC
Listed By: Julie A Rizzo · License NY #10401303422
Added: Sep 25 Changed: Oct 30 Last Checked: Nov 13 at 8:06PM
MLS# S1716906

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.

Rey
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Investment Insights

Based on property information with market context.

This 1,856-square-foot duplex contains two stacked residences, each with three bedrooms and one bathroom. Both units have a porch, and the property includes off-street parking. Interior details include tin ceilings and a mix of hardwood, resilient, and carpet flooring. The house dates to 1920 and has wood siding, forced-air natural gas heat, and a gas water heater.

The 0.0878-acre parcel is fully fenced. The upper unit is vacant, and the property is near shopping, dining, and services in Auburn, New York.

Key Highlights

  • Two units, each with 3 bedrooms and 1 bathroom
  • 1,856 square feet on a 0.0878‑acre parcel
  • Upper unit is vacant

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,937
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,740 $298.7K
Cap Rate 7%
$213,386 $213.4K
Cap Rate 9%
$165,967 $166.0K
Market Conditions
NOI Build-Up for 1,856 SF
Gross rent
$29.0K $15.60/SF
− Vacancy
−$1.8K −$0.97/SF
EGI
$27.2K $14.63/SF
− OpEx
−$12.2K −$6.58/SF
NOI
$14.9K $8.05/SF
Area
Cayuga County, NY
Vacancy
6.20%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$298,740
Cap Rate 7%
$213,386
Cap Rate 9%
$165,967

Alternative Uses

Best Use
Multifamily LT 5
$239.5K
$209.6K – $279.4K (±1% cap)
NOI $16,764 @ 7.0% cap · market cap 9.58%
Second Best
Apartment 5plus
$213.4K
$186.7K – $249.0K (±1% cap)
NOI $14,937 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$411.3K
$359.9K – $479.9K (±1% cap)
NOI $28,793 @ 7.0% cap · market cap 16.45%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,324
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Auburn, NY

$66.45 Jul
$67.35 Aug
$62.23 Sep
$64.15 Oct

Properties on Market for Duplexes in Auburn

Jul
Aug
Sep
Oct

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?
Duplex - The upper residence is vacant, creating flexibility for occupancy or leasing alongside the second unit.
Where is this duplex located?
The property is located at 53 E Genesee Street Auburn, NY.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two units, each with 3 bedrooms and 1 bathroom; 1,856 square feet on a 0.0878‑acre parcel; Upper unit is vacant
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