25 South ST Geneseo, NY 14454
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Pending
Purchase Type For Sale
Square Footage 3,164 sqft
Price per Sqft $85
MLS Listing ID R1692444
Style Duplex
Bedrooms 9
Full Baths 3
Construction Status Existing
HOA Y/N No
Year Built 1880
Annual Tax Amount $10,045
Lot Size 0.300 Acres
Acres 0.3
Lot Dimensions 100X130
Property Sub-Type Duplex
Property Description
Exceptional rent-stable investment in the heart of the Village of Geneseo. This nearly 3,200 SF 2-family Victorian delivers strong gross rents of $38,700/yr with low operating expenses - and a location that keeps quality tenants.
The Investment Case: With both units currently occupied by responsible, neat-and-tidy tenants who handle their own utilities and have in-unit laundry - this property runs well. Separate entrances, dedicated porch areas, and ample off-street parking add to the tenant appeal that makes this asset so easy to manage and hold.
The Location: Walking distance to SUNY Geneseo - one of the SUNY system's premier colleges - means consistent, reliable rental demand in a market that rarely softens. The Village itself offers a charming, walkable streetscape of shops, dining, and community amenities that attract quality long-term tenants well beyond the student population. For commuters, the I-390 corridor is minutes away, providing straightforward access to Rochester, URMC/Strong Memorial Hospital, and the region's major employment centers. Weekend recreation is equally accessible - Letchworth State Park, the "Grand Canyon of the East," and the shores of Conesus Lake are both just a short drive away.
The Property: A classic two-story Victorian with strong curb appeal, the home features a welcoming covered front porch, mature trees, and generous off-street parking. The 4 BR / 2 BA lower unit and 5 BR / 1 BA upper unit offer the bedroom depth that today's rental market demands - ideal for student households, professionals, or even multi-generational living. Whether you're building your portfolio or adding a turnkey asset, 25 South Street is the kind of well-located, income-producing property that is simply a good choice. 1st showings MON 6/22 *NO delayed negotiations*
Location
State NY
County Livingston
Area Geneseo-Village-242601
Direction South Street (Rt 20A), corner of Elm Street
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s)
Heating Gas, Baseboard, Forced Air
Flooring Carpet, Linoleum, Varies, Vinyl
Fireplace No
Appliance Gas Water Heater
Exterior
Garage Spaces 1.0
Utilities Available Cable Available, Sewer Connected, Water Connected
Roof Type Asphalt
Garage Yes
Building
Lot Description Corner Lot, Rectangular, Rectangular Lot, Residential Lot
Story 2
Foundation Block, Stone
Sewer Connected
Water Connected, Public
Architectural Style Duplex
Level or Stories Two
Structure Type Aluminum Siding,Other,Vinyl Siding,Copper Plumbing
Construction Status Existing
Schools
School District Geneseo
Others
Tax ID 242601-080-016-0002-024-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
NEARBY SCHOOL & BUSINESS
GET MORE INFORMATION