25 South Street, Geneseo, NY | 2-Family | 9 BR | 3 BA | ~3,200 SF
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*