32 E Genesee ST Auburn, NY 13021
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $92
MLS Listing ID S1664117
Construction Status Existing
HOA Y/N No
Year Built 1988
Annual Tax Amount $13,625
Lot Size 6,442 Sqft
Acres 0.1479
Lot Dimensions 44X145
Property Description
The property features three residential apartments, including two two-bedroom units and one one-bedroom unit, providing consistent rental demand and diversified income streams. In addition, this property offers 2 separate commercial spaces. One space is two stories and offers approximately 2700 square feet while the other offers approximately 1300 square feet. These commercial spaces offer excellent visibility and versatility for retail, office, or service-based tenants.
Situated on the second busiest commercial corner in the city, the location delivers outstanding exposure, steady vehicle and foot traffic, and long-term investment appeal. The site also includes ample on-site parking with 20+ spaces, a rare and valuable amenity for both residential and commercial occupants.
This turnkey asset currently generates an annual net operating income exceeding $57,000, making it an attractive opportunity for investors seeking reliable cash flow with upside potential. Detailed rent rolls and financial documentation will be provided to qualified, bona fide buyers upon request.
A prime location, strong income, and a well-maintained structure combine to make this a compelling addition to any investment portfolio.
Location
State NY
County Cayuga
Area Auburn-050100
Zoning D
Interior
Heating Gas, Forced Air
Cooling Central Air
Inclusions Land and Building
Fireplace No
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Roof Type Rolled/Hot Mop
Handicap Access Stair Lift, See Remarks, Accessible Doors
Total Parking Spaces 20
Building
Lot Description Irregular Lot
Story 2
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Wood Siding
Construction Status Existing
Schools
School District Auburn
Others
Tax ID 050100-116-046-0001-029-001-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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NEARBY SCHOOL & BUSINESS
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