1015 Lake Street, Elmira, NY 14901

Local realty services provided by:ERA Team VP Real Estate
1015 Lake Street,Elmira, NY 14901
$89,900
  • 5 Beds
  • 4 Baths
  • 5,355 sq. ft.
  • Multi-family
  • Pending
Listed by: paul obrien
Office: keller williams realty southern tier & finger lakes
MLS#:R1627283
Source:NY_GENRIS

Price summary

  • Price:$89,900
  • Price per sq. ft.:$16.79

About this home

Fantastic Investment Opportunity – 4-Unit Multi-Family Property with Long-Term Tenants & Income Potential This solid 4-unit apartment house is the perfect opportunity for investors or owner-occupants looking to generate reliable rental income with room for growth. Three of the four units are currently rented by long-term tenants who appreciate the property’s convenient location near public transportation and on-site, coin-operated laundry—an additional income stream for the owner. The fourth unit is mid-renovation and will be sold as-is, offering a blank canvas for the new owner to finish to their taste and increase overall rental revenue. A brand-new roof was installed just last year, ensuring peace of mind on one of the biggest property expenses. While the exterior needs some finishing touches, the property has strong bones and plenty of upside potential. Whether you’re looking to expand your rental portfolio or move in and rent out the rest, this multi-family delivers both

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Home facts

  • Year built:1900
  • Listing ID #:R1627283
  • Added:139 day(s) ago
  • Updated:November 22, 2025 at 08:48 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:5,355 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Asphalt, Shingle
  • Year built:1900
  • Building area:5,355 sq. ft.
  • Lot area:0.18 Acres

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$89,900
  • Price per sq. ft.:$16.79
  • Tax amount:$5,157

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