194 Genesee Street, Auburn, NY 13021

Property Description

Exceptional mixed-use investment opportunity in a prime Auburn location! This five-unit building at 194 W Genesee St sits just steps from downtown, offering outstanding visibility, convenience, and long-term upside potential. The property is currently configured as four residential apartments, with two units combined and utilized as a commercial office space. The space has the potential to be converted back to two separate apartments — creating the opportunity for a full five-unit residential income property and increased cash flow. Each unit features soaring ceilings that enhance the natural light and create a spacious, open feel rarely found in properties of this era. The building does require cosmetic updates and some improvements, but the fundamentals are strong — making it an ideal value-add opportunity for an investor looking to build equity and maximize returns. Major mechanical updates include all new furnaces, offering peace of mind and efficiency. Additional highlights include a one-car attached garage for storage and a large private parking lot accommodating six or more vehicles — a significant asset this close to downtown. With its flexible layout, prime location, strong rental potential, and room to add value, this property is a smart investment opportunity with substantial upside. Bring your vision and transform this into a high-performing income producer. This is a duplicate listing with MLS # S1663310