A Civil War-era home acquired in 2023 and stabilized into a reliable income generator.
232 Pulteney St, Geneva, NY is a distinctive Civil War-era property built in 1866 that blends historic character with modern income potential. This 4-bedroom, 1.5-bathroom residence spans 1,560 square feet on a generous 5,546-square-foot lot.
Professionally managed by Rei Mentality, the property has proven itself a reliable income generator in Geneva's dynamic rental market. Acquired in March 2023 for $145,000, it appraised at $290,000 in September 2025 — roughly doubling in value (about +100%) and reflecting both property quality and strong market fundamentals.
In a college town with steady demand from students and professionals, this managed rental delivers consistent cash flow with minimal vacancy concerns, while our team handles tenant relations, maintenance, and compliance.
Hobart and William Smith Colleges drive consistent student-housing demand.
Seneca Lake proximity fuels hospitality and year-round visitor traffic.
Full professional management — tenant relations, maintenance, inspections, compliance.
+37% estimated value gain since the 2023 acquisition.
Pre-Civil War construction with solid structural character.
Steady rental demand with minimal vacancy in a growing market.
Reach out to learn about current and upcoming opportunities with Rei Mentality.