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Natalie Roth

natalie@bennrealty.com +1(315) 831-5061

$ 239,000

Est. payment -/mo

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Price Dropped by $20K

288 Genesee ST Auburn, NY 13021

6 Beds

2 Baths

9,316 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,316 sqft

Price per Sqft $25

Subdivision Map/49 City Lts Surv

MLS Listing ID S1672473

Bedrooms 6

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1948

Annual Tax Amount $7,498

Lot Size 5,723 Sqft

Acres 0.1314

Lot Dimensions 49X115

Property Sub-Type Multi Family

Property Description

Prime Investment Opportunity –multi-use commercial building is a money-maker from day one! Currently appraised at $360,000. Current rents: 1st floor Restaurant/Bar $2500 month, Apartment #2 $950 month, Apartment #1 $875 month for a total of $4325 per month. This multi-use 9316 sq. ft. Building has frontage on both Genesee and Van Patten Street, a high-traffic high-visibility corner lot in Auburn, N.Y. close to shopping including Tops, Bass Pro and more. The main level features a fully operational restaurant/bar seating upto 100 patrons with outdoor seating possible. The restaurant equipment and furnishings belong to the restaurant tenant. This offers an ideal spot for you to open your own Restaurant/Bar business or continue with the current existing well-established tenant for steady income. Upstairs, you'll find two spacious, fully rented 3-bedroom apartments with long term tenants, providing reliable rental revenue. With multiple streams of income under one roof, this property is perfectly positioned to maximize returns. There was a new boiler & hot water heater installed for apartment #1 in 2024, a new range and refrigerator in 2024. In 2025 there was a new boiler & hot water heater installed for apartment #2 as well as well being completly remodeled in Febuary of 2026 with a new range in 2026 and new refrigerator in 2025 a new range in 2026 and refrigerator in 2025. The central air & heat unit was replaced in 2019 in the restaurant/bar. Whether you're an experienced investor or just getting started, this is the kind of property that builds wealth – commercial exposure, residential stability, and cash flow you can count on! Sale includes building only.

Location

State NY

County Cayuga

Community Map/49 City Lts Surv

Area Auburn-050100

Rooms

Basement Full

Interior

Heating Gas, Baseboard, Forced Air, Hot Water

Cooling Central Air

Flooring Hardwood, Laminate, Resilient, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Exterior Feature Balcony

Utilities Available Sewer Connected, Water Connected

Roof Type Asphalt

Porch Balcony

Building

Lot Description Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Foundation Block

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Block,Concrete

Construction Status Existing

Schools

School District Auburn

Others

Senior Community No

Tax ID 050100-115-082-0001-030-000-0000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/syr/S1672473

Listed by Hunt Real Estate ERA

Natalie Roth

Lic. R.E. Broker/Owner

+1(315) 831-5061

Natalie Roth

288 Genesee ST Auburn, NY 13021

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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288 Genesee ST