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21 Orchard St 8 Unit Apartment Building $1,018,862 CAD ($127,358 CAD/Unit) Geneseo, NY 14454
Executive Summary
Opportunity to acquire 21 Orchard Street, a 32 bed student housing property located in Geneseo, NY. The property consists of 8 - four bedroom units. Each unit contains a kitchen / living room, one full baths, and a porch or balcony. There is full basement with laundry. There is an owned parking lot to the front with a leased parking lot on the south side of the property. Rental income is derived on a per student per semester basis. There are two semesters, fall and spring. There is also the opportunity for summer rentals. Provides consistent stable income with very manageable expenses.The Property has been professionally managed and maintained.
Property Facts
| Price | $1,018,862 CAD | Building Class | C |
| Price Per Unit | $127,358 CAD | Lot Size | 0.35 AC |
| Sale Type | Investment | Building Size | 11,790 SF |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1989 |
| Property Subtype | Apartment | Parking Ratio | 2.54/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | 02 - Residential | ||
| Price | $1,018,862 CAD |
| Price Per Unit | $127,358 CAD |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 11,790 SF |
| No. Stories | 3 |
| Year Built | 1989 |
| Parking Ratio | 2.54/1,000 SF |
| Zoning | 02 - Residential |
Amenities
Unit Amenities
- Heating
- Kitchen
- Refrigerator
- Oven
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+1 | 8 | - | - |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 242601-080-007-0001-008-000-0000 | Improvements Assessment | $855,160 CAD |
| Land Assessment | $142,230 CAD | Total Assessment | $997,391 CAD |
Property Taxes
Parcel Number
242601-080-007-0001-008-000-0000
Land Assessment
$142,230 CAD
Improvements Assessment
$855,160 CAD
Total Assessment
$997,391 CAD
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21 Orchard St
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