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24724747
24724748

20 Orchard St, Geneseo, NY 14454

JB
NY NY 10491209210
Brixwood Commercial
Listed by Brixwood Commercial
$725,000
349 days on market
Updated 48 days ago

Geneseo Student Housing

Details
APN 242601-080-007-0001-014-000-0000
Property Type Multifamily
Sub Type Student Housing
Square Footage 8,952
Units 8
Beds 30
Pro-Forma Cap Rate 10.01%
Pro-Forma NOI $72,545
Broker Co-Op Yes
Year Built 1971 and 2002
Year Renovated 2002
Buildings 2
Stories 2
Acreage 0.400
Investment Type Value Add

Multifamily | 8 Units

Marketing description

*** Offered Separately or as a Portfolio with 21 Orchard St.

18-20 Orchard Street

This property includes two buildings totaling eight (8) units and 30 beds, offering a range of unit types and configurations:

  • 18 Orchard: Two (2) four-bedroom, two-bathroom units

  • 20 Orchard:

    • Four (4) four-bedroom, one-bath units

    • One (1) four-bedroom, two-bath unit

    • One (1) two-bedroom, one-bath unit

These buildings are currently vacant (summer), providing a clean slate for a complete repositioning. Investors can pursue standard long-term residential leasing, a hybrid student/non-student strategy, or even short-term rentals to meet growing demand in the Geneseo market.

The flexible layouts and competitive location allow a variety of business plans, including owner-operator models, student housing rebranding, or cash flow optimization through lease-up and operational improvements.

Located just two blocks from SUNY Geneseo and walkable to downtown retail, restaurants, Wegmans, and other essential services, Orchard Street offers an unbeatable location for both students and year-round residents. The neighborhood is a mix of student housing, single-family homes, and small-large multifamily buildings.

SUNY Geneseo is a nationally ranked public liberal arts college with over 3,902 undergraduates, consistently providing rental demand. However, regional housing trends increasingly support diversified tenant bases, including professionals, faculty, remote workers, and healthcare employees. This makes Orchard Street an excellent candidate for hybrid or standard multifamily repositioning to smooth cash flow and reduce leasing seasonality.

Investment highlights

  • 8 Units | 30 Total Beds

  • Located in High-Demand College Market

  • Value-Add Opportunity | Low Basis | Flexible Use Potential

  • Steps from SUNY Geneseo Campus

  • Zoned and Structured for Multifamily or Student Rentals

  • Offered Separately or as a Portfolio with 21 Orchard St.

Listing Contacts

JB
NY NY 10491209210
Brixwood Commercial
Listed by Brixwood Commercial

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Zoning

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R-3 ResidentialMulti FamilyResidential
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View all 21 uses
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Last updated Apr 1, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Jason Beck
License
NY 10491209210
Brokerage Phone
585.204.2182
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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