NOT LISTED FOR SALE

47 Genesee St Geneva, NY 14456

6 Beds
-- Bath
6,768 Sq Ft
0.27 Acres

Last Sold August 15, 2023

Last sale price $365,000 $54 Per Sq Ft

10 Days on Market

Highlights

  • Heating System Uses Steam
  • Wood Siding
  • 2-minute walk to Genesee Park
  • Community Storage Space
  • Carpet

About This Home

As of August 2023

Cap Rate 13.75%. 6 Unit Complex, Owner pays all utilities (electric, heat, water, trash). Approx per year: NYSEG = $10800; Water=$3250; Trash=$1063; Insurance =$2375. This "Cash Cow" has potential to make tenants pay electric as it is separate but owner is pays ALL utilities currently. New flooring in some of the units, New Boiler in 2021 and entire exterior has been painted. Very well maintained 6-Unit with deep back yard partially fenced in.

Last Agent to Sell the Property

Belinda Fratto

Listing by Howard Hanna Brokerage Phone: 315-521-7413 License #30FR0894907 Listed on: 06/02/2023

Howard Hanna

Last Buyer's Agent

Dana Hollenbeck

Listing by Keller Williams Realty Gateway License #10301213348

Keller Williams Realty Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,246

Year Built

  • Built in 1885

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 45x256

Home Design

  • Wood Siding

Interior Spaces

  • 6 Bedrooms
  • 6,768 Sq Ft Home
  • 3-Story Property
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Carpet
  • Vinyl

Parking

  • No Garage
  • Driveway

Utilities

  • Heating System Uses Gas
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Rent includes electricity, heat, hot water, trash collection
  • Tax Lot 73
  • Assessor Parcel Number 320500-104-026-0001-073-000-0000

Community Details

Building Details

  • Operating Expense $17,486
  • Gross Income $79,800

Additional Features

  • 6 Units
  • Community Storage Space

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,246

Year Built

Built in 1885

Lot Details

0

Listing Details

  • Property Sub Type: Commercial
  • Property Type: Multi Family
  • Rent Includes: Electricity, Heat, Hot Water, Trash Collection
  • Year Built: 1885
  • Attribution Contact: 315-521-7413
  • Lot Features: Residential Lot
  • Road Frontage Type: City Street
  • Directions: Starting from North Street past Hospital go south onto Genesee Street and house sits proudly on the left side of street.
  • Flooring: Carpet, Varies, Vinyl
  • Garage Yn: No
  • Year Built Details: Existing
  • ResoBuildingAreaSource: PublicRecords
  • Property Sub Type Additional: Commercial
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Oven, Electric Range, Gas Water Heater, Refrigerator
  • Basement: Full, Partially Finished
  • Basement YN: Yes
  • Total Bedrooms: 6
  • Stories: 3
  • Stories: 3

Exterior Features

  • Acres: 0.2651
  • Waterfront: No
  • Construction Type: Wood Siding
  • Exterior Features: Blacktop Driveway

Garage/Parking

  • Parking Features: Three or more Spaces, No Garage

Utilities

  • Heating: Gas, Steam
  • HeatingYN: Yes
  • Utilities: Cable Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Storage Facilities
  • Senior Community: No

Schools

  • Junior High Dist: Geneva

Lot Info

  • Parcel Number: 320500-104-026-0001-073-000-0000
  • Lot Dimensions: 45X256
  • Lot Size Sq Ft: 11546.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 79800.0
  • Annual Operating Expense: 17486.0
  • Number Of Separate Electric Meters: 6

Tax Info

  • Tax Annual Amount: 9246.0
  • Tax Lot: 73

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2023 08/15/23 Sold $365,000 -8.5% $54 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/02/2023 06/02/23 For Sale $399,000 -- $59 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Upstate New York Real Estate Information Services (UNYREIS)

MLS Number: R1472114

Upstate New York Real Estate Information Services (UNYREIS)