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555 Exchange St 6 Unit Apartment Building $179,900 ($29,983/Unit) Geneva, NY 14456
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 | $179,900 | Apartment Style | Mid-Rise |
| Price Per Unit | $29,983 | 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
|
| Zoning | Commercial - Commercial use | ||
| Price | $179,900 |
| Price Per Unit | $29,983 |
| 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 | - | - |
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $507,100 | |
| Land Assessment | $61,400 | Total Assessment | $568,500 |
Property Taxes
Parcel Numbers
Land Assessment
$61,400
Improvements Assessment
$507,100
Total Assessment
$568,500
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Videos
Matterport 3D Exterior
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Photos
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Street
Map
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Contact the Sale Advisor
555 Exchange St