2-Family House with a Cap Rate of 13.3%. Owner pays all utilities (electric, heat, water, trash). Approx per year: NYSEG= $1029; Water=$758; Trash=$590; Insurance =$723. 48 hour notice required for all showings. Currently 1st Floor Unit Just Become Vacant and Needs some rehab. Owner Pays ALL Utilities but Heating & electric are separate if New Owner decides to have tenants pay their own Utilities. Roof has been Re-shingled in 2022 AND Brand New Porch Roof Installed 6/22, 1-car garage is great for storage. All showings to be between 1PM-4PM M-F, weekends will vary. Pre-approval required.
Listing by Keuka Lake & Land RealtyLicense #10401367189
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,697
Year Built
Built in 1890
Lot Details
4,835 Sq Ft Lot
Lot Dimensions are 96 x 50
Parking
1 Car Garage
Home Design
Duplex
Partial Copper Plumbing
Interior Spaces
1,788 Sq Ft Home
2-Story Property
Woodwork
Stained Glass
Basement Fills Entire Space Under The House
Partial Attic
Flooring
Wood
Wall to Wall Carpet
Bedrooms and Bathrooms
4 Bedrooms
2 Full Bathrooms
Utilities
Forced Air Cooling System
Heating System Uses Gas
Gas Water Heater
Listing and Financial Details
Rent includes electric, heat, hot water, refuse removal
Tax Lot 20
Assessor Parcel Number 320500-104-034-0001-020-000-0000
Community Details
Overview
2 Units
Building Details
2 Separate Electric Meters
2 Separate Gas Meters
Operating Expense $3,100
Gross Income $23,400
Property Details
Home Type
Multi-Family
Est. Annual Taxes
$2,697
Year Built
Built in 1890
Lot Details
0
Listing Details
Annual Operating Expenses: 3100
NY Swis Code: Geneva-City-320500
Total Assessed Value: 59500
Gross Annual Income: 23400
Listing Type: Exclusive Right To Sell
Lot Dimension Depth: 96
Lot Dimension Front: 50
Lot Information: Neighborhood Street
Lot Number: 20
Nearest Cross Street: N. Main St.
Number of Stories: 2.0000
Property Type: Multi-Family Res (2-4) units
Ratio Close Price By Acres: 765765.77
Ratio Close Price By Sq Ft: 47.54
Ratio List Price By Acres: 981981.98
Ratio List Price By Sq Ft: 60.96
Regional Board Code: Rochester
Rent Includes: Electric, Heat, Hot Water, Refuse Removal
School Tax: 1233
Sub Board Code: Rochester
Type of Residence: Duplex
Type of Sale: Normal
Year Built Description: Existing
Lot Sq Ft: 4835
Age of Building: 133
Year Built: 1890
Above Grade Finished Sq Ft: 1788
Directions To Property: Starting from North Street go south onto Genesee and take right onto John Street. House sits proudly on the left side of street.
Looking for a new home, an investment or a mix of both? This home is for you! This 2-unit duplex is a fantastic investment opportunity, offering two rental apartments, both currently occupied and generating steady income. Each unit features 2 bedrooms and 1 bathroom. Build some sweat equity with this fantastic duplex close to downtown, bus line, shopping and restaurants!
Duplex located in Founder's Square, close to Hobart & William Smith Colleges. Great for student or staff housing within 2 blocks of college. Kitchen needs replacement in upper unit, completely removed to prepare for renovation.
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area
Source: Public Records
Average Home Value in this Area
Source: Public Records
Purchase History
Date
Buyer
Sale Price
Title Company
Bailey Daytona T
$85,000
None Available
Lahr Chad
$35,000
Mark A. Venuti
Wheeler Donald
$30,000
Martin Eades
Heatherly Lorraine
$53,560
Michael J Roulan
Goodman Jeffrey J
$32,000
Martin Eades
--
--
--
Hess Charles F
$40,000
--
Source: Public Records
Mortgage History
Date
Status
Borrower
Loan Amount
Open
Bailey Daytona T
$76,500
Previous Owner
Lahr Chad
$35,000
Previous Owner
Heatherly Lorraine
$47,745
Source: Public Records
Property History
Date
Event
Price
Change
Sq Ft Price
09/29/202309/29/23
Sold
$85,000
-22.0%
$48 / Sq Ft
07/31/202307/31/23
Pending
--
--
--
06/16/202306/16/23
Price Changed
$109,000
-8.4%
$61 / Sq Ft
06/02/202306/02/23
For Sale
$119,000
--
$67 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)
Tax History Compared to Growth
Source: Public Records
Tax History
Year
Tax Paid
Tax AssessmentTax Assessment
Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property.
This home is located at 11 John St, Geneva, NY 14456 since 02 June 2023 and is currently estimated at $103,571, approximately $57 per square foot. This property was built in 1890. 11 John St is a home located in Ontario County with nearby schools including West Street Elementary School, North Street Elementary School, and Geneva Middle School.
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