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1106 Lake Street, Elmira-City, 14901

ML Number: R1727245
List Price: $180,000
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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! Delayed negotiations begin Tuesday, 11/10 at 4 pm.

Aerial View of this Location

Classification:
Property Type:Multi-Family Res (2-4) units
Bedrooms:5
Full Bath(s):4
Half Bath(s):0
Living Area (SqFt):2,312
Lot Size (Acres):0.1201
Year Built:1892
Location:
Address:1106 Lake Street
City:Elmira-City
County:Chemung
State:NY
Zip Code:14901
School District:Elmira
Financials:
List Price:$180,000
Assessed Value:$0
Tax id:
Property Features
Lot Information:
On Waterfront: No
Construction:
Fuel Type:
HVAC:
Exterior Features:
Attic:
Water Resource:
Water Heater:
Sewer:
Floors:
Interior Features:
# Fireplaces:0
Kitchen Appliances:

Listing courtesy of Keller Williams Realty Greater Rochester.

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