Prime Investment Opportunity in a Sought-After Location! Explore a prime real estate investment featuring six updated apartments close to SUNY Geneseo and main street shops. Highlights include modern upgrades such as newer furnaces, updated hot water heaters, and new hardwood floors. The property also boasts recent roof installations, enhancing its value and appeal.
Key Features:
– Each unit features modern updates, including new hardwood floors.
– The property benefits from newly installed roofs.
– Tenants enjoy the independence of paying their own gas and electric bills, with the exception of Apartment 1, where utilities are included in the rent.
– Water and garbage expenses are prorated across the six units.
– Two covered porches offer tenants a relaxing outdoor space to unwind.
– Plenty of parking spaces addresses a common concern for renters.
– Easy-access coin-operated laundry facility located in the basement serves all tenants.
With strategic upgrades and desirable amenities, this property is perfectly positioned for steady rental demand, offering an attractive investment opportunity with potential for significant returns.
Key Features:
– Each unit features modern updates, including new hardwood floors.
– The property benefits from newly installed roofs.
– Tenants enjoy the independence of paying their own gas and electric bills, with the exception of Apartment 1, where utilities are included in the rent.
– Water and garbage expenses are prorated across the six units.
– Two covered porches offer tenants a relaxing outdoor space to unwind.
– Plenty of parking spaces addresses a common concern for renters.
– Easy-access coin-operated laundry facility located in the basement serves all tenants.
With strategic upgrades and desirable amenities, this property is perfectly positioned for steady rental demand, offering an attractive investment opportunity with potential for significant returns.
Property Details
Price:
$550,000
MLS #:
R1525596
Status:
Active
Beds:
6
Baths:
0
Address:
72 2nd Street
Type:
Commercial
Subtype:
Other
City:
Geneseo
Listed Date:
Mar 11, 2024
State:
NY
Finished Sq Ft:
8,856
ZIP:
14454
Lot Size:
0 acres
Year Built:
1895
Listing courtesy of AB Cole Real Estate, Inc.,
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-04-27.
© 2024 New York State Alliance of MLS’s NYSAMLS. Information deemed reliable, but not guaranteed. This site was last updated 2024-04-27.
72 2nd Street
Geneseo, NY
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Schools
School District:
Geneseo
Interior
Appliances
Appliances Negotiable, Gas Water Heater, See Remarks
Flooring
Hardwood, Laminate, Varies
Heating
Gas, Forced Air
Laundry Features
Coinoperated
Exterior
Community Features
Laundry Facilities
Construction Materials
Wood Siding
Exterior Features
Gravel Driveway
Parking Features
Two Spaces, No Garage
Roof
Asphalt
Financial
Buyer Agent Compensation
3%
Taxes
$13,049
Map
Community
- Address72 2nd Street Geneseo NY
- CityGeneseo
- CountyLivingston
- Zip Code14454
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