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555 Exchange St
Geneva, NY 14456
Multifamily Property For Sale
·
6 Units
Executive Summary
Commercial opportunity located at 555 S Exchange St in the City of Geneva, in the heart of the Finger Lakes. This mixed-use property features 6 apartments and 1 commercial storefront in a prime downtown location with Seneca Lake views. Positioned in an area with strong visibility and proximity to local shops, dining, and waterfront attractions, this property offers significant upside potential for the right investor. The building is in need of structural repair and is being sold as is, where is. Buyer due diligence is essential; there is no engineer's report available. Interested parties are encouraged to contact the City of Geneva Code Enforcement Office for additional information regarding the property's condition and requirements. A unique opportunity to restore and add value in a desirable and growing market.
Property Facts
| Price Per Unit | $41,808 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Sale Condition | Deferred Maintenance | Building Size | 9,000 SF |
| No. Units | 6 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1900/2016 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Mid-Rise | ||
| Zoning | Commercial - Commercial use | ||
| Price Per Unit | $41,808 CAD |
| Sale Type | Investment |
| Sale Condition | Deferred Maintenance |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.07 AC |
| Building Size | 9,000 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1900/2016 |
| Opportunity Zone |
Yes |
| Zoning | Commercial - Commercial use |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Range
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Gas Range
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
Property Taxes
| Parcel Numbers | Improvements Assessment | $701,598 CAD | |
| Land Assessment | $84,950 CAD | Total Assessment | $786,548 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$84,950 CAD
Improvements Assessment
$701,598 CAD
Total Assessment
$786,548 CAD
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