NOT LISTED FOR SALE

5 Clark St Geneva, NY 14456

-- Bed
-- Bath
11,056 Sq Ft
1.24 Acres

Last Sold February 28, 2023

Last sale price $516,000 $47 Per Sq Ft

13 Days on Market

Highlights

  • 1.24 Acre Lot
  • Corner Lot
  • Sliding Doors
  • Wood Flooring
  • Patio
  • Forced Air Heating System

About This Home

As of February 2023

INVESTOR ALERT$$$ EIGHT UNITS in 4 DUPLEXES on 1 TAX PARCEL. $$$MONEY MAKER$$$ This is the compound that you have been waiting for! Newly built in 1994, all desirable up/down townhouse style units on over an acre parcel only minutes to Downtown Geneva and Seneca Lake waterfront. Four - 3 bedroom, 1.5 bath units & Four - 2 bedroom one bath units. Roof - 10 years, Hot Water Heaters & Furnaces 7 years old. Huge hallway closets could be easily converted to in unit laundry rooms. All units have driveway parking, private outdoor patio space & exterior storage areas. Total monthly rent $7280. Could be $9292 based on HUD FMR. According to Ontario County Online Resource (ONCOR) there are 2 identical bldgs at 2752sf & 2 identical bldgs at 2776sf = 11056 sq ft. Putting this property at a sale price of just under $46/sf. MLS#R1423070 0 Sweeney Ave can be sold with the property for possible future additional duplex. Guaranteed Rent!

Last Agent to Sell the Property

terri williams

Listing by Howard Hanna Brokerage Phone: 585-352-8833 License #10301215296 Listed on: 07/26/2022

Howard Hanna

Last Buyer's Agent

Cathy Shelanskey

Listing by Keller Williams Realty Gateway License #40SH0943457

Keller Williams Realty Gateway

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,359

Year Built

  • Built in 1994

Lot Details

  • 1.24 Acre Lot
  • Lot Dimensions are 173x311
  • Corner Lot
  • Irregular Lot

Home Design

  • Slab Foundation
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 11,056 Sq Ft Home
  • 2-Story Property
  • Sliding Doors

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Wood
  • Laminate

Parking

  • No Garage
  • Driveway

Outdoor Features

  • Patio

Schools

  • Geneva Middle School
  • Geneva High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Rent includes common area maintenance, snow removal, water
  • Tax Lot 20
  • Assessor Parcel Number 320500-091-017-0002-020-001-0000

Community Details

Overview

  • 8 Units

Building Details

  • 8 Separate Gas Meters
  • Operating Expense $37,033
  • Gross Income $111,504

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,359

Year Built

Built in 1994

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Snow Removal, Water
  • Year Built: 1994
  • Attribution Contact: 585-352-8833
  • Lot Features: Corner Lot, Irregular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Clark street is located off E North Street just outside downtown Geneva
  • Flooring: Hardwood, Laminate, Varies
  • Garage Yn: No
  • Interior Features: Sliding Glass Door(s), Storage
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Door Features: Sliding Doors
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 1.24
  • Waterfront: No
  • Construction Type: Wood Siding, Copper Plumbing
  • Exterior Features: Blacktop Driveway, Patio
  • Foundation Details: Slab
  • Patio And Porch Features: Patio

Garage/Parking

  • Parking Features: Two Spaces, No Garage

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Schools

  • Junior High Dist: Geneva
  • Ninth Grade High School: Geneva High
  • Middle Or Junior School: Geneva Middle

Lot Info

  • Parcel Number: 320500-091-017-0002-020-001-0000
  • Lot Dimensions: 173X311
  • Lot Size Sq Ft: 53914.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 8
  • Annual Gross Income: 111504.0
  • Annual Operating Expense: 37033.0
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8

Tax Info

  • Tax Annual Amount: 7359.0
  • Tax Lot: 20

Range of Values:

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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

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2023 02/28/23 Sold $516,000 +3.2% $47 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
07/26/2022 07/26/22 For Sale $500,000 -- $45 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • terri williams

    Seller's Agent in 2023

    terri williams

    Howard Hanna

    (585) 734-1663

    2 in this area

    67 Total Sales

    terri williams
    Section Image
  • Cathy Shelanskey

    Buyer's Agent in 2023

    Cathy Shelanskey

    Keller Williams Realty Gateway

    (585) 734-4087

    8 in this area

    136 Total Sales

    Cathy Shelanskey
    Section Image
See All Agents

Map

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

MLS Number: R1421284

Upstate New York Real Estate Information Services (UNYREIS)
New York Ontario County Geneva 14456

5 Clark St, Geneva, NY

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