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$545,000   Price Analysis
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72 2nd St
Geneseo, NY 14454
8 bed None bath 8,856 SqFt ($61/SqFt)
0.31 acre lot. Built 1895
Listed 2024-06-24, Taxes $10,598
USDA Eligible
near Geneseo, NY
 Restrictions may apply
due to home size

Prime investment Opportunity in a Sought-After Location!

Explore a prime rel estate investment featuring six updated apartments close to SUNY Geneseo and main streets shop. Highlights include modern upgrades such as newer furnac es, updated hot water heaters and new hardwood floors. The property aslo boasts recent roof installation, some new appliances, flooring and other enhancements to improve the value and appeal of the property. 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.


Presented by William Wallace at
NextHome Brixwood.


Property MLS #R1544631 from NYStateAlliance

Bedrooms: 8

Total Bathrooms: 0

CeilingFans
ProgrammableThermostat
Flooring: Carpet, Hardwood, Varies, Vinyl

AppliancesNegotiable
Dryer
ElectricOven
ElectricRange
ElectricWaterHeater
GasWaterHeater
Refrigerator
Washer

Cooling Features: Zoned
Heating Features: Gas, Zoned, ForcedAir
Heating: Yes

Basement Description: Full

GravelDriveway
Patio
Patio And Porch Features: Patio
Road Frontage Type: CityStreet

Lot Description: ResidentialLot
Lot Size Acres: 0.31
Lot Size Dimensions: 95X143
Lot Size Square Feet: 13504

Garage Spaces: 3
Garage Description: ThreeormoreSpaces, NoGarage
Parking Features: ThreeormoreSpaces, NoGarage

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Geneseo Elementary
Elementary School District: Geneseo
High School District: Geneseo
Middle or Junior School District: Geneseo

Geneseo Middle School High School is a public middle and high school located approximately 1.3 miles away.
directions icon Map directions

Geneseo Elementary School is a public elementary school located approximately 1.3 miles away.
directions icon Map directions

Genesee Country Christian School is a private elementary and middle school located approximately 1.3 miles away.
directions icon Map directions

Number of Units: 6

Community Features: StorageFacilities

Rent Includes: CommonAreaMaintenance, SnowRemoval

Annual Tax Amount: 13049
Source Listing Status: Active
County: Livingston
Cross Street: South
Directions: Driving north on South St, take a left on 2nd St. house on the left, look for sign. Property is adjacent to US Post Office in Geneseo.
Source Property Type: MultiFamily
Area: Geneseo-Village-242601
Source Neighborhood: Geneseo-Village-242601
Number of Separate Electric Meters: 7
Number of Separate Gas Meters: 7
Owner Pays: GroundsCare, SnowRemoval
Parcel Number: 242601-080-016-0001-046-000-0000
Postal City: Geneseo
Township: Geneseo-Village
Property Subtype: Commercial
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$276,600 + $97,600
$374,200
$10,598
2022$276,600 + $64,000
$340,600
$10,779
2021$276,600 + $64,000
$340,600
$11,097
2020$276,600 + $64,000
$340,600
$11,243
2017$276,600 + $64,000
$340,600
$11,760
2016$281,200 + $59,400
$340,600
$11,522
2015$281,200 + $59,400
$340,600
$11,389
2014$281,200 + $59,400
$340,600
$10,884
2014$281,200 + $59,400
$340,600
$11,199
2013$270,600 + $59,400
$330,000
$10,781
2012$270,600 + $59,400
$330,000
$10,664
2011$270,600 + $59,400
$330,000
$10,600
2010$210,600 + $59,400
$270,000
$9,828
2009$210,600 + $59,400
$270,000
$9,080

Listed 2024-06-24
$545,000
NYStateAlliance
Listed 2024-03-11
$550,000
Rochester
Sold 2021-10-28
$510,000
NYStateAlliance
Listing removed 2012-07-27
$470,000
Rochester
Listing removed 2009-08-28
$470,000
Rochester
Listed 2009-08-03
$470,000
Rochester
Listed 2009-08-03
$470,000
Rochester
Sold 2005-07-29
$310,000
Public Record

Operating Expense Includes: Electric, Fuel, Insurance, MaintenanceStructure, Maintenance, ProfessionalManagement, Rent, SnowRemoval, Utilities, WaterSewer

Total Square Feet Living: 8856
Year Built: 1895
Building Area Source: PublicRecords
Building Area Total: 8856
Construction Materials: AluminumSiding, SteelSiding, WoodSiding
Property Age: 129
Property Condition: Resale
Roof: Asphalt
Levels or Stories: 3
Building Total Stories: 3
Year Built Details: Existing

Electric: CircuitBreakers
Sewer: Connected
CableAvailable
HighSpeedInternetAvailable
SewerConnected
WaterConnected
Water Source: Connected, Public

Accessibility Features: AccessibleDoors

Green Energy Efficient: Appliances
Click Thumbnail Images To View Full Size
house_viewhouse_viewkitchenlaundry_roomhouse_view
bathroomunknownunknownliving_roombathroom

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.