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1106 Lake Street, Elmira, NY 14901

$180,000
  • 1106 Lake Street, Elmira, NY 14901 Main Photo

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New to the Market Active
BEDS5 BATHS4 full SQUARE FEET2,312 MLS#R1727245
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLElmira

Property Description

Investor Alert! Three-Unit Property with Exceptional Potential! Here's an opportunity to add a versatile multi-unit property to your investment portfolio in Elmira. All three apartments will be delivered vacant, allowing a new owner to establish market rents and select their own tenants from day one. The property features one spacious three-bedroom, one-bath first-floor apartment with a brand-new updated kitchen, fresh paint, and new carpeting. The other two apartments each offer one bedroom and one full bath. A major bonus is the impressive garage space, featuring a large two-story, two-car garage plus a separate one-story, two-bay garage, offering additional storage and potential for a variety of uses. Recent improvements include a fresh coat of exterior paint and a newer roof on the second garage. Additional features include a rubber roof, partially separate utilities, and off-street parking. Whether you're an experienced investor looking to expand your portfolio or just getting started in multi-family ownership, this property offers an opportunity to add value, establish rental income, and maximize its potential! The following windows of showing times are available. Friday, 11/6 3 - 4 pm, Saturday 11/7 2-3 pm and Monday 11/9 6-6:30 pm A showing appointment is still required via ShowingTime. Delayed negotiations begin Tuesday, 11/10 at 4 pm.

1106 Lake Street | MLS# R1727245

This multi-family property located at 1106 Lake Street, Elmira, NY 14901 is currently listed for sale with an asking price of $180,000. Lake Street is located within the Elmira school district. Search Elmira real estate on www.mjpeterson.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full, Walk-Out Access
Garage: 4
Heating: Gas, Forced Air, Gravity
Home Style: Triplex
Lot Size: 0.12 Acres
Roof Type: Membrane, Rubber
Stories: 2.0
Taxes: $3,661
Year Built: 1892

Amenities

Ceiling Fan(s)

Feature Descriptions

Appliances: Gas Water Heater
Exterior: Composite Siding, Copper Plumbing
Flooring: Carpet, Varies, Vinyl
Lot: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 50X104
Parcel#: 070400-089-007-0005-064-000-0000
Parking: Gravel, Parking Available, Two or More Spaces, Unpaved
Parking Notes: Gravel, Parking Available, Two or More Spaces, Unpave
Sewer: Connected
Units: 3
Utilities: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Elmira

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty Greater Rochester
Agency Contact: 585-340-4894

Shown By

Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234

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Estimated Payment

$ 758.19 per month $400.60 Principal & Interest $305.08 Property Tax $52.50 Homeowner's Insurance

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