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86 E Genesee St

By Owner
AUBURN, NY, 13021
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Property Description

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6 Bedrooms

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3.0 Baths

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3,559 SQ FT

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0.09 Acres

$225,000

About this home

Find your investment haven with this majestic Victorian-style 2-unit apartment house located in the most desirable neighborhood of Auburn. This historical building, cleverly updated for a modern touch, exhibits an elegant multi-colored Victorian facade that flaunts an air of sophistication and distinction. The property's exceptionally charming architectural features include stunning diamond-shaped windows and noble hardwood flooring that span across all the rooms, contributing to the unique aesthetic. The house also boasts a brand new roof and several recent enhancements such as freshly painted walls, revamped porches, and new water heaters. The house's dual personality presents a lucrative opportunity with its $33,600 annual rental income. Each tenant pays all separate utilities, reducing the owner's maintenance costs. The two apartments both have an invitingly warm ambiance. Apartment 1 offers 1000 sq ft of living space, featuring a trio of bedrooms, one bath, a pleasingly practical kitchen, a pantry, and a dining room. The living room gives comfortable efficiency with 15x12 dimensions. A rear deck and a fenced-in yard provide the perfect setting for some outdoor relaxation. Apartment 2 extends a delightful surprise with its 3-bedroom, 2-bath layout, plus a sprawling 3rd floor that houses a magnificent Great Room and an additional bathroom. Its breathtaking loft room is a standout feature, measuring an enormous 30x30, coupled with a 12x12 utility room -- a genuinely versatile space filled with possibilities. Potential buyers can also remember the convertible flexibility to it. The house can revert back to a large, single-family dwelling with just a few tweaks, if ever the need arises. This historic gem marries robust income potential with a plethora of living possibilities in a premium location, making it a unique investment opportunity not to be missed.

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