$45,000
●
Multifamily -
Off Market
57 S Main Street
Elmira-City, NY 14904
5 Beds
4 Baths
$942
Estimated Monthly
$0
HOA / Fees
30.82%
Cap Rate
About This Property
Great investment opportunity in Elmira NY!
This 4 unit investment property is just waiting for its perfect investor. The property has so much to offer, it just needs the right person to see the potential it holds to bring it back to life.
This property could have mixed usage as the one lower unit could be made into a commercial unit with the other 3 units being residential rentals. Each spacious unit has 1-2 bedrooms and 1 bath. Each modern kitchen has granite countertops. It is on public sewer and public water, and natural gas is in each of the units. Two of the units are on the first floor, and 2 units are on the second floor. The lot size is 42 x 100.
Conveniently located near downtown Elmira. This would be a great rental property for mixed usage. There are so many possibilities that this property holds. This property is being sold AS IS.
This 4 unit investment property is just waiting for its perfect investor. The property has so much to offer, it just needs the right person to see the potential it holds to bring it back to life.
This property could have mixed usage as the one lower unit could be made into a commercial unit with the other 3 units being residential rentals. Each spacious unit has 1-2 bedrooms and 1 bath. Each modern kitchen has granite countertops. It is on public sewer and public water, and natural gas is in each of the units. Two of the units are on the first floor, and 2 units are on the second floor. The lot size is 42 x 100.
Conveniently located near downtown Elmira. This would be a great rental property for mixed usage. There are so many possibilities that this property holds. This property is being sold AS IS.
Unit Size
-
Days on Market
114 days
Land Size
0.10 acres
Price per sqft
-
Property Type
Multifamily
Property Taxes
$574
HOA Dues
-
Year Built
1958
Last updated: 20 days ago (NYSAMLS #S1514421)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 12, 2024 | Sold | $45,000 | |
| Sold | |||
| Dec 28, 2023 | In contract | - | |
| In contract | |||
| Dec 20, 2023 | Listed by Landquest Inc. | $75,000 | |
| Listed by Landquest Inc. | |||
Property Highlights
Parking Details
Has Garage
Parking Features: Parking Available, Unpaved
Garage Spaces: 1
Interior Details
Bedroom Information
Bedrooms: 5
Bathroom Information
Full Bathrooms: 4
Interior Information
Appliances: Electric Water Heater
Flooring Type: Hardwood, Laminate, Varies, Vinyl
Basement Information
None
Exterior Details
Property Information
Property Condition: Resale
Year Built: 1958
Building Information
Foundation Details: Block, Stone
Roof: Membrane, Rubber
Construction Materials: Wood Siding
Lot Information
Lot Size Dimensions: 42X100
Lot Size Acres: 0.1
Land Information
Land Assessed Value: $0
Financial Details
Tax Assessed Value: $107,600
Tax Annual Amount: $6,883
Utilities Details
Heating Type: Gas, Forced Air
Utilities: Sewer Connected, Water Connected
57 S Main Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
5
Beds
2
Baths
-
$61,050
Jun 26, 2023
$61,050
Dec 22, 2023
$264/mo
Sold
Multifamily
6
Beds
3
Baths
-
$68,000
Jun 26, 2023
$68,000
Nov 24, 2023
$336/mo
House
4
Beds
3
Baths
-
$98,500
Mar 22, 2021
$98,500
Sep 15, 2021
$343/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
09/24/2020
|
|
4 Bed
|
4 Bath
|
3553 ft²
|
$89,900
4 Bed
4 Bath
3553 ft²
|
-
-
|
-
|
Michael (Mike) S. Hamilton
Howard Hanna Elmira
|
Building Info
57 South Main Street
57 South Main Street, Elmira, NY 14904
- 1 Unit for Sale
About Elmira
Similar Homes for Sale
Nearby Rentals
Last Updated: 20 days ago
Data Source: NYSAMLSs, MLS# S1514421
Data Source: NYSAMLSs, MLS# S1514421
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
