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Price $249,900

288 Genesee Street, Auburn, New York 13021, Auburn, New York 13021

  • Bedrooms : 6
  • Bathrooms : 2
  • Square Footage : 9,316 Sqft
  • Visits : 5 in 23 days
$249,900
Features
Heating System :
Gas, Baseboard, Hot Water, Forced Air
Cooling System :
Central Air
Basement :
Full
Patio :
Balcony
Appliances :
Gas Water Heater
Parking Features :
Parking Available
Pool Expense : $0
Roof :
Asphalt
Sewer :
Connected
Address Map
State :
NY
County :
Cayuga
City :
Auburn
Zipcode :
13021
Street : 288 Genesee Street, Auburn, New York 13021
Floor Number : 0
Longitude : W77° 24' 59.7''
Latitude : N42° 55' 21.1''
MLS Addon
Office Name : Hunt Real Estate ERA
Association Fee : $0
Bathrooms Total : 2
Building Area : 9,316 Sqft
CableTv Expense : $0
Construction Materials :
Block, Concrete
DOM : 11
Electric Expense : $0
Exterior Features :
Balcony
Flooring :
Hardwood, Varies, Vinyl
Internet Address Display : 1
Internet Listing Display : 1
SyndicateTo : Realtor.com
Listing Terms : Cash, Conventional
Lot Features
LotSize Dimensions : 49X115
Maintenance Expense : $0
Parcel Number : 050100-115-082-0001-030-000-0000
Special Listing Conditions :
Standard
Stories Total : 2
Subdivision Name : Map/49 City Lts Surv
Utilities :
Sewer Connected, Water Connected
Virtual Tour : Click Here
Property Description

Prime Investment Opportunity – 13.67 cap rate – Cash Flow & Versatility! This multi-use commercial building is a money-maker from day one! 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 w ater heater installed for apartment #1 in 2024. In 2025 there was a new boiler & hot water heater installed for apartment #2. 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.

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : S1632609
Price : $249,900
Bedrooms : 6
Bathrooms : 2
Square Footage : 9,316 Sqft
Year Built : 1948
Lot Area : 5,725 Sqft
Status : Active
Property Sub Type : Multi Family
Agent info
David Weitzel
Element Realty Services
Element Realty Services
390 Elmwood Avenue, Buffalo NY 14222
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