$114,900

503 Lake St Elmira, 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
StatusActive
Size2,386 sqft
MLS #278256

Summary

  • MLS Number: 278256
  • Office Name: Howard Hanna Horseheads
  • Listing Agent: Thomas Easton

IDX IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate.

2025 © Elmira-Corning Regional Association of Realtors® Multiple Listing Service
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, 12:16:22 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

back of house with a balcony, a yard, and french doors

$114,900

503 Lake St

$1,364

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 18, 2023
Home Sold
$18,000

Tax history

YearAssessmentProperty Tax
2023$20,300$781
2022$20,300$781
2021$20,300$781
2020$20,300$781
2019$20,300$-
2018$20,300$-
2017$20,300$231

History based on county public records data.

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. The most common annual income of people living in Elmira, NY is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

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

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Frequently asked questions

Living in Elmira, NY

About 503 Lake St

This home is located at 503 Lake St in Elmira, NY and zip code 14901. Features: 0 bathroom. It has been listed on Rocket Homes since January 5, 2025 and is currently priced at $114,900.

In January 2025, from all listings sold in Elmira, NY there were more than 6 sold above asking price, over 16 sold below and more than 4 were sold right at the asked price. Between December and January 2025, Elmira, NY real estate market has seen increase in the number of listings by 23.9%. In January 2025, listings were on the market for 50 days. During the same period, the median list price in this real estate market was $130,000.

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

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