#R1604014, Travis Connell, Listing office: Warren Real Estate
$89,900 List price
1015 Lake St Elmira City, NY 14901
5 beds
4 full
5,355 sqft
0.2 acres
$17 / sqft
Multi-Family
Property details
About 1015 Lake St
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 cash flow and future value. Don’t miss your chance to own a well-located, income-producing property with room to grow!
Highlights
Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
Size5,355 sqft
BasementYes
Lot size0.1802 Acres
Year built1900
ParkingTwo or More Spaces, Unpaved
MLS #R1627283
Summary
- Full Bathrooms: 4
- Appliances: Gas Water Heater
- Basement: Yes
- Flooring Type: Carpet, Hardwood, Laminate, Varies
- Total Bedroom Count: 5
- Parking: Two or More Spaces, Unpaved
- Exterior: Deck
- Architectural Style: Fourplex
- Heating: Natural Gas, Forced Air
- List Price: $89,900
- Price/SqFt: $16
- Lot: Near Public Transit, Rectangular Lot
- Directions: From interstate 86, take the Main st exit 53. Head south on Lake street for approximately 4 miles, the property will be on your right.
- Year Built: 1900
- Stories: 2
- Living Area: 5,355 SqFt
- Lot Size: 0.1802 Acres
- MLS Number: R1627283
- MLS Name: NYS
- Office Name: Keller Williams Realty Southern Tier & Finger Lakes
- Office Phone: (607) 795-2900
- Office Email: Cscata@Stny.Rr.Com
- Listing Agent: Paul OBrien
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by other firms are marked with theListing Broker’s Firm Name. Data provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties that consumers may be interested in purchasing. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s) nor this firm shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally
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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 8/1/2025, 5:15:28 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
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Nearby schools
5
Finn Academy: an Elmira Charter School
Public Charter KG-6
0.6 mi
•610 Lake St
2
Thomas K Beecher School
Public District 3-6
0.9 mi
•310 Sullivan St
3
Cohen Elementary School
Public District PK-5
1.7 mi
•100 Robinwood Ave Ste 1
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,500. Most Elmira City, NY residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
52%
<35k
46%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
45%
Single, No Kids
28%
Single, with Kids
16%
Married, No Kids
11%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
10%
12-17 yrs old
24%
18-34 yrs old
36%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
Burger King
Popeyes
Golden Corral
What do the neighbors drive?
Buick
Dodge
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1015 Lake St
The listing price of 1015 Lake St property is $89,900.
The property 1015 Lake St is a multi located in Elmira City, New York, 14901.
Active Listing: 1015 Lake St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1015 Lake St are: Finn Academy: an Elmira Charter School (GreatSchools Rating 5/10), Thomas K Beecher School (GreatSchools Rating 2/10), Cohen Elementary School (GreatSchools Rating 3/10), Ernie Davis Academy (GreatSchools Rating 3/10), Cohen Middle School (GreatSchools Rating 5/10), Horseheads Intermediate School (GreatSchools Rating 5/10), Thomas a Edison High School (GreatSchools Rating 4/10), Elmira High School (GreatSchools Rating 3/10), Horseheads Senior High School (GreatSchools Rating 6/10).
The property 1015 Lake St is 5,355 SqFt (source: MLS/tax record).
The year of construction for 1015 Lake St is 1900.
This home is located at 1015 Lake St in Elmira City, NY and zip code 14901. This 5,355 square foot home, which was built in 1900, sits on a 0.18 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since August 1, 2025 and is currently priced at $89,900.
While more than 16 listings in Elmira City, NY in July 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 20 were sold below. The number of listings in Elmira City, NY increased by 1.4% between June and July 2025. While the average time on the market in July 2025 was 33 days, the median list price was $125,000.
From Rocket Homes Real Estate and based on county public records data.