Address
72 2nd Street, Geneseo, NY
Price
$ 550,000
Property Attributes
  • MLS#R1525596
  • TypeCommercial
  • CountyLIVINGSTON
  • CityGeneseo
  • AreaGeneseo-Village
  • Zip14454
  • Style
  • Year Built1895
  • Taxes$ 13049
  • Price$ 550,000
  • Bedrooms6
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8856
  • Lot Size0.310009 Acres
Data Source:
Greater Rochester AOR (GRAR)
Property Description

Prime Investment Opportunity in a Sought-After Location! Explore a prime real estate investment featuring six updated apartments close to SUNY Geneseo and main street shops. Highlights include modern upgrades such as newer furnaces, updated hot water heaters, and new hardwood floors. The property also boasts recent roof installations, enhancing its value and appeal. Key Features: - Each unit features modern updates, including new hardwood floors. - The property benefits from newly installed roofs. - Tenants enjoy the independence of paying their own gas and electric bills, with the exception of Apartment 1, where utilities are included in the rent. - Water and garbage expenses are prorated across the six units. - Two covered porches offer tenants a relaxing outdoor space to unwind. - Plenty of parking spaces addresses a common concern for renters. - Easy-access coin-operated laundry facility located in the basement serves all tenants. With strategic upgrades and desirable amenities, this property is perfectly positioned for steady rental demand, offering an attractive investment opportunity with potential for significant returns.

Price History
3/11/2024 Listed $550,000

General Features

Sewer Connected
Heating Gas,ForcedAir
Utilities CableAvailable,HighSpeedInternetAvailable,SewerConnected,WaterConnected
Possession CloseOfEscrow
Roof Asphalt
Appliances AppliancesNegotiable,GasWaterHeater,SeeRemarks
Exterior Features GravelDriveway
Garage Spaces 0.0
Construction Materials WoodSiding
Year Built 1895
Stories 2
Township Geneseo-Village
Levels Two
Property SubType Other
OwnerPays GroundsCare,SnowRemoval
Community Features LaundryFacilities
County Livingston
Net Operating Income -13049.0
Property Type CommercialSale
Garage Y/N No
Rent Includes CommonAreaMaintenance,SnowRemoval
Status Active
Directions Driving north on South St,take a left on to 2nd St,house on left,look for sign. Property is adjacent to US Post Office in Geneseo.
City Geneseo
High School District Geneseo
Total Units 6
MLS Area Geneseo-Village-242601
Lot Size Square Feet 13504.0
Waterfront Y/N No
Street Name 2nd
Year Built Details Existing
Tax Annual Amount 13049.0
Property Condition Resale
Standard Status Active
Middle/Junior School District Geneseo
Elementary School District Geneseo
Tax Assessed Value 374200
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 46
Property Sub Type Additional Other

Interior Features

Basement Full
Flooring Hardwood,Laminate,Varies
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Street Suffix Street
Laundry Features Coinoperated
Total Bedrooms 6

Exterior Features

Parking Features TwoSpaces,NoGarage
Lot Features ResidentialLot
Water Source Connected,Public
Lot Size Area 0.31
Building Area Total 8856.0
Lot Dimensions 95X143
Lot Size Acres 0.31
Lot Size Units Acres
Road Frontage Type CityStreet

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 14454

Price
AVG $290K
$550K
Taxes
AVG $5,679
$13,049
Visits
AVG 124
86
Data Provided by Inside Real Estate®
Year Built
AVG 1960
1895

Areas We Cover

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