$114,900

503 Lake St Elmira-City, NY 14901

$1,364
Closing credit¹
2,386 sqft
$48 / sqft
Multi-Family

Property details

About 503 Lake St

INVESTORS! Here is a great opportunity to own this two unit home that has been COMPLETELY remodeled inside. These units are side by side, one is a lower unit, one is an upper unit & they are both two bedrooms with one full bathroom. Both units are currently vacant and ready for its new tenants. Both have all new flooring, kitchen & baths completely renovated, all fresh paint inside, both units have laundry hook ups, and the second floor has a walk out covered porch. This home sits right next to schools, parks, dining, etc. and is sure to be a good money maker! Truly a must see! **The seller is willing to give a credit towards exterior paint with an acceptable offer.**

Highlights

Home typeMulti Family
HeatingNatural Gas, Forced Air
StatusActive
CoolingCeiling Fan(s)
Size2,386 sqft
Year built1870
ParkingOff Street, Other, Parking Available, See Remarks
MLS #EC278256

Summary

  • MLS Number: EC278256
  • MLS Name: NYS
  • Office Name: Howard Hanna Horseheads
  • Office Phone: (607) 739-1444
  • Office Email: Kimwiehe@Howardhanna.Com
  • Listing Agent: Thomas Easton

IDXThe 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
harmless.

© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
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: 2/24/2025, 12:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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rear view of house featuring a balcony and french doors

$114,900

503 Lake St

$1,364

closing credit¹

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0.5% sale price²

Price information

Property sales

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Tax history

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Nearby schools

5

Finn Academy: an Elmira Charter School

Public Charter KG-6

0.1 mi

610 Lake St

2

Thomas K Beecher School

Public District 3-6

0.6 mi

310 Sullivan St

2

Parley Coburn School

Public District 3-6

1.0 mi

216 Mount Zoar St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $29,138. Typical income of Elmira-City, NY residents is less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

61%
<35k
27%
35k-100k
11%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

53%
Single, No Kids
25%
Single, with Kids
14%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
33%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 503 Lake St in Elmira-City, NY and zip code 14901. This 2,386 square foot home was built in 1870. Features: 0 bathroom. It has been listed on Rocket Homes since January 29, 2025 and is currently priced at $114,900.

Over 6 listings were sold over their listed price in January 2025 in Elmira-City, NY. In the same period over 16 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Elmira-City, NY increased by 23.9% between December and January 2025. While the average time on the market in January 2025 was 50 days, the median list price was $130,000.

From Rocket Homes Real Estate and based on county public records data.

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