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194 Genesee St, Auburn, NY, 13021

4beds
0baths
7,811sqft
$374,900
$48price/sqft
$3,870/moest. monthly cost
$154,800/yrincome needed

About This Home

Exceptional mixed-use investment opportunity in a prime Auburn location! This five-unit building at 194 W Genesee St sits just steps from downtown, offering outstanding visibility, convenience, and long-term upside potential. The property is currently configured as four residential apartments, with two units combined and utilized as a commercial office space. The space has the potential to be converted back to two separate apartments — creating the opportunity for a full five-unit residential income property and increased cash flow. Each unit features soaring ceilings that enhance the natural light and create a spacious, open feel rarely found in properties of this era. The building does require cosmetic updates and some improvements, but the fundamentals are strong — making it an ideal value-add opportunity for an investor looking to build equity and maximize returns. Major mechanical updates include all new furnaces, offering peace of mind and efficiency. Additional highlights include a one-car attached garage for storage and a large private parking lot accommodating six or more vehicles — a significant asset this close to downtown. With its flexible layout, prime location, strong rental potential, and room to add value, this property is a smart investment opportunity with substantial upside. Bring your vision and transform this into a high-performing income producer. This is a duplicate listing with MLS # S1663310

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

7/10
4/10
Auburn High SchoolGrades 9-121.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1920

Materials

  • Roof: Asphalt
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Dishwasher,Gas Water Heater,Microwave,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 4

Features

  • Flooring: Hardwood,Tile,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 7,811
  • Total interior livable area: 7,811 sqft

Property

Details

  • Parcel number: 05010011506800010020000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Blacktop Driveway

Lot

  • Lot size: 1 Acres
  • Features: Near Public Transit,Rectangular,Rectangular Lot
  • Lot size dimensions: 132 x 331

Parking

  • Total spaces: 1
  • Parking features: Two Spaces,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1