$249,900

288 Genesee St Auburn, NY 13021

Estimated payment $1,956/month

Total Views 856
6 Beds
2 Baths
9,316 Sq Ft
$27 Price per Sq Ft

Highlights

  • Property is near public transit
  • Corner Lot
  • Forced Air Heating and Cooling System
  • Wood Flooring
  • Balcony
  • 5-minute walk to Columbian Playground

About This Home

Prime Investment Opportunity – 13.67 cap rate - Cash Flow & Versatility! This multi-use commercial building is a money-maker from day one! This multi-use 9316 sq. ft. Building has frontage on both Genesee and Van Patten Street, a high-traffic high-visibility corner lot in Auburn, N.Y. close to shopping including Tops, Bass Pro and more. The main level features a fully operational restaurant/bar seating upto 100 patrons with outdoor seating possible. This offers an ideal spot for you to open your own Restaurant/Bar business or continue with the current existing well-established tenant for steady income. Upstairs, you’ll find two spacious, fully rented 3-bedroom apartments with long term tenants, providing reliable rental revenue. With multiple streams of income under one roof, this property is perfectly positioned to maximize returns. There was a new boiler & hot w ater heater installed for apartment #1 in 2024. In 2025 there was a new boiler & hot water heater installed for apartment #2. The central air & heat unit was replaced in 2019 in the restaurant/bar. Whether you’re an experienced investor or just getting started, this is the kind of property that builds wealth – commercial exposure, residential stability, and cash flow you can count on! Sale includes building only.

Listing Agent

Robert Harvey

Listing by Hunt Real Estate ERA License #10301218667 Listed on: 08/28/2025

Hunt Real Estate ERA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,158

Year Built

  • Built in 1948

Lot Details

  • 5,725 Sq Ft Lot
  • Lot Dimensions are 49x115
  • Corner Lot
  • Rectangular Lot

Parking

  • Parking Available

Home Design

  • Block Foundation

Interior Spaces

  • 9,316 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater

Additional Features

  • Balcony
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 050100-115-082-0001-030-000-0000

Community Details

Overview

  • 2 Units
  • Map/49 City Lts Surv Subdivision

Building Details

  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,158

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Trash Collection, Water
  • Year Built: 1948
  • Lot Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Subdivision Name: Map/49 City Lts Surv
  • Flooring: Hardwood, Varies, Vinyl
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1314
  • Waterfront: No
  • Construction Type: Block, Concrete
  • Exterior Features: Balcony
  • Foundation Details: Block
  • Patio And Porch Features: Balcony

Garage/Parking

  • Parking Features: Parking Available

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Gas, Baseboard, Forced Air, Hot Water
  • HeatingYN: Yes
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Auburn

Lot Info

  • Parcel Number: 050100-115-082-0001-030-000-0000
  • Lot Dimensions: 49X115
  • Lot Size Sq Ft: 5725.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 7158.0
  • Tax Lot: 30

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax 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. Land Improvement
2024 $4,766 $204,700 $37,500 $167,200
2023 $4,767 $204,700 $37,500 $167,200
2022 $5,009 $204,700 $37,500 $167,200
2021 $5,014 $183,000 $37,400 $145,600
2020 $4,952 $183,000 $37,400 $145,600
2019 $1,556 $183,000 $37,400 $145,600
2018 $4,877 $183,000 $37,400 $145,600
2017 $4,969 $181,600 $37,400 $144,200
2016 $5,561 $181,600 $37,400 $144,200
2015 $3,367 $181,600 $37,400 $144,200
2014 $3,367 $181,600 $37,400 $144,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 For Sale $249,900 -- $27 / Sq Ft
Source: Central New York Information Services

Purchase History

Date Type Sale Price Title Company
Warranty Deed $145,000 Independent Title
Foreclosure Deed $200,000 None Available
Deed $175,000 Rand Allgaier
Deed $14,000 Georger R Iocolano
Deed $14,000 George R Iocolano
Deed $128,000 George Iocolano
Deed -- --
Deed $97,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $31,013 Commercial
Previous Owner $43,750 Commercial
Source: Public Records

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Source: Central New York Information Services

MLS Number: S1632609

Central New York Information Services

APN: 050100-115-082-0001-030-000-0000