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    OFF-MARKET
    Specialty properties

    42 Genesee St, Auburn, NY 13021-4008

    3,570 SF 0.32 ac lot Built 1940
    Entity Owned Free & Clear
    Property ID
    US63-1795824
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Specialty properties
    Use group FUNERAL HOME
    Year built 1940
    Total area 3,570 SF
    Lot 0.32 ac (13,760 SF)
    Zoning code D
    APN 050100 116.46-1-25
    UPID US63-1795824
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Cayuga Hsng Sltns LLC
    Cayuga Hsng Sltns LLC
    since 2025
    1 recorded transaction
    2025
    $215,000
    Zoning & alternative use
    D · Auburn, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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