NOT LISTED FOR SALE

5550 W Lake Rd Conesus, NY 14435

-- Bed
-- Bath
5,704 Sq Ft
11.54 Acres

Last Sold August 01, 2019

Last sale price $487,500 $85 Per Sq Ft

7 Days on Market

Highlights

  • Docks
  • Private Pool
  • Deck
  • Horses Allowed On Property
  • 11.54 Acre Lot
  • Skylights

About This Home

As of August 2019

RARE MULTI-FAMILY INVESTMENT Opportunity on Conesus Lake (Geneseo School District) with 11.54 acres of land, over half wooded with trails and lake access. Perfect set-up for Owner Occupied Rental with an In-Law Suite or for an Investor with potential to subdivide additional parcels. Main Building includes 4 Apartments with an In-Law Suite. Two stand alone 1 bedroom Homes also on property. All apartments enjoy private views of the park-like setting. Currently rented to 100% capacity.

Last Agent to Sell the Property

Melissa Carey

Listing by Howard Hanna License #10301216069 Listed on: 03/20/2019

Howard Hanna

Last Buyer's Agent

Robbin Smith

Listing by Core Agency RE INC License #30SM0897165

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,019

Year Built

  • Built in 1960

Lot Details

  • 11.54 Acre Lot
  • Lot Dimensions are 608x1115

Parking

  • Gravel Driveway

Home Design

  • Vinyl Siding
  • Copper Plumbing

Interior Spaces

  • 5,704 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Sliding Doors
  • Washer Hookup

Kitchen

  • Oven
  • Electric Cooktop
  • Free-Standing Range

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Outdoor Features

  • Private Pool
  • Docks
  • Deck

Horse Facilities and Amenities

  • Horses Allowed On Property

Utilities

  • Zoned Heating
  • Heating System Uses Propane
  • Baseboard Heating
  • PEX Plumbing
  • Oil Water Heater
  • High Speed Internet
  • TV Antenna

Listing and Financial Details

  • Rent includes common area maintenance, snow removal, trash collection, water
  • Tax Lot 13
  • Assessor Parcel Number 242800-100-000-0001-013-000-0000

Community Details

Overview

  • 6 Units

Building Details

  • Operating Expense $27,835
  • Gross Income $68,900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,019

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Sub Type: Other
  • Property Type: Multi Family
  • Rent Includes: Common Area Maintenance, Other, See Remarks, Snow Removal, Trash Collection, Water
  • Year Built: 1960
  • Horses: Yes
  • ResoLaundryFeatures: Washer Hookup
  • Directions: Take 390 South to exit 9. Turn Left follow to curve then veer right onto Rt 256. At traffic light continue straight, this is West Lake Rd. Property will be on the right hand side after the Cottonwood sign.
  • Flooring: Carpet, Ceramic Tile, Laminate, Tile, Varies
  • Interior Features: Sliding Glass Door(s), Skylights
  • Unit Levels: Two
  • Year Built Details: Existing
  • Financial Info Electric: Circuit Breakers
  • Property Sub Type Additional: Other
  • Special Features: None

Interior Features

  • Appliances: Electric Cooktop, Free-Standing Range, Oven, Oil Water Heater, Refrigerator
  • Basement: None
  • Basement YN: No
  • Door Features: Sliding Doors
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 11.54
  • Waterfront: No
  • Construction Type: Vinyl Siding, Copper Plumbing, PEX Plumbing
  • Exterior Features: Deck, Dock, Gravel Driveway, Pool, Propane Tank - Leased, See Remarks, TV Antenna
  • Patio And Porch Features: Deck

Garage/Parking

  • Parking Features: Three or more Spaces

Utilities

  • Cooling: Zoned
  • Heating: Propane, Oil, Zoned, Baseboard, Electric
  • HeatingYN: Yes
  • Utilities: High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Community Features: Dock

Schools

  • Junior High Dist: Geneseo

Lot Info

  • Parcel Number: 242800-100-000-0001-013-000-0000
  • Horse Amenities: Horses Allowed
  • Lot Dimensions: 608X1115
  • Lot Size Sq Ft: 502682.0
  • ResoLotSizeUnits: Acres
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 68900.0
  • Annual Operating Expense: 27835.0
  • Number Of Separate Electric Meters: 3

Tax Info

  • Tax Annual Amount: 9019.0
  • Tax Lot: 13

Range of Values:

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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
08/01/2019 08/01/19 Sold $487,500 -7.1% $85 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/20/2019 03/20/19 For Sale $525,000 -- $92 / Sq Ft
Source: Upstate New York Real Estate Information Services (UNYREIS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Melissa Carey

    Seller's Agent in 2019

    Melissa Carey

    Howard Hanna

    (585) 313-4534

    105 Total Sales

    Melissa Carey
    Section Image

  • R

    Buyer's Agent in 2019

    Robbin Smith

    Core Agency RE INC

    Section Image
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Map

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

MLS Number: R1178693

Upstate New York Real Estate Information Services (UNYREIS)
New York Livingston County Conesus 14435

5550 W Lake Rd, Conesus, NY

This home is located at 5550 W Lake Rd, Conesus, NY 14435 since 20 March 2019. This property was built in 1960. 5550 W Lake Rd is a home located in Livingston County with nearby schools including Geneseo Elementary School and Geneseo Middle/High School.

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