42 Genesee St, Auburn, NY 13021-4008
This unique mixed-use property in Auburn, NY, presents a compelling investment opportunity. Located at 42 E Genesee St, this 3,337 square foot building, constructed in 1873, sits on a 0.31-acre lot and features two buildings and two stories. The property boasts 18 parking spaces, a significant advantage in a high-traffic area. Currently configured as a commercial space and a three-bedroom apartment, it offers unmatched passive income potential. The main floor is ideal for a salon, medical office, or similar business, while the upstairs apartment provides additional rental income. A large three-bay garage in the rear offers further income potential as storage space. The property's elegant woodwork, grand staircase, and charming front porch add to its appeal. Zoned for commercial and residential use, the possibilities are endless. The asking price is $300,000, representing a price per square foot of $89.90. This property is for sale by owner and presents a rare chance to acquire a versatile and profitable investment in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
D · Auburn, NYAuburn. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.