Brian A. Marsh
Coldwell Banker Chairman's Circle, Realtor, Equal Housing Opportunity

288 Genesee Street, Auburn, NY 13021

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Property Description

Prime Investment Opportunity -multi-use commercial building is a money-maker from day one! 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.

288 Genesee Street | MLS# S1672473

This multi-family property located at 288 Genesee Street, Auburn, NY 13021 is currently listed for sale with an asking price of $259,000. Genesee Street is located within the Auburn school district. Search Auburn real estate on brian-marsh.coldwellbankerprime.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Cooling: Central Air
Heating: Gas, Baseboard, Forced Air, Hot Water
Lot Size: 0.13 Acres
Roof Type: Asphalt
Stories: 2.0
Taxes: $7,498
Year Built: 1948

Amenities

Balcony

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 3
Exterior: Block, Concrete
Flooring: Hardwood, Laminate, Resilient, Varies, Vinyl
Lot: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 49X115
Parcel#: 050100-115-082-0001-030-000-0000
Parking: Parking Available
Parking Notes: Parking Available
Patio/Porch: Balcony
Sewer: Connected
Units: 2
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Auburn

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Estimated Payment

$ 1,276.80 per month $576.42 Principal & Interest $624.83 Property Tax $75.54 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Hunt Real Estate ERA
Agency Phone: 315-622-5757

Shown By

Agent Name: Brian A. Marsh
Agent Phone: (617) 905-6444 Cell
Agency Title: Coldwell Banker Prime Properties

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