32 E Genesee Street
Exceptional mixed-use investment opportunity positioned on one of the most highly trafficked commercial corridors in the city. This well-maintained, two-story building encompasses approximately 7,000 square feet and offers a strong blend of stable residential income and flexible commercial space.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.
| Price: | $650,000 |
|---|---|
| Address: | 32 E Genesee Street |
| City: | Auburn |
| State: | New York |
| Zip Code: | 13021 |
| MLS: | S1664117 |
| Year Built: | 1988 |
| Square Feet: | 7,000 |
| Acres: | 0.148 |
| Lot Square Feet: | 0.148 acres |
Data services provided by IDX Broker
Listing courtesy of Stephen J. Baier from Baier Real Estate LLC (315) 406-2717