39 Genesee Street

I am a big advocate of investing in what I call “fringe” markets.  I define these markets as neighborhoods, communities or towns that are very close to “hot markets”.

The reason I like these areas is they are a lot of fun to be a part of as they renew and are very profitable. Genesee Street is one of these areas.  Here is a picture of the property that I just purchased for $32,000 that needs about $30,000 worth of renovations and will be valued at approximately $120,000 when we are complete.

This amazing gem is a three unit with marble fireplaces, high ceilings, regal crown moldings and an incredible urban renewal experience happening. Oh did I mention that this street is 2 blocks from Seneca Lake! Here is an few photos of this amazing property,

Stay posted as the project unfolds.

[nggallery id=3]

Care to Share?Share on FacebookTweet about this on TwitterShare on Google+Share on LinkedInPin on PinterestShare on StumbleUponShare on TumblrEmail this to someone