264 Allen St Elmira, NY 14904
4
Beds
2
Baths
1,560
Sq Ft
6,970
Sq Ft Lot
About This Home
As of February 2025Introducing a fantastic two-unit rental income property! This property offers the perfect investment opportunity with two separate units, each providing a steady rental income stream. Whether you're looking for a property to generate passive income or expand your real estate portfolio, this two-unit property is a must-see. Fully occupied, all separate utilities. Newer hot water tanks, storm doors, and extra lot included that touches universal ave.
Last Agent to Sell the Property
Listing by Signature Properties Corning License #10401362282 Listed on: 11/26/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,725
Year Built
- Built in 1945
Lot Details
- 6,970 Sq Ft Lot
- Lot Dimensions are 136x54
Parking
- Carport
Interior Spaces
- 1,560 Sq Ft Home
- 2-Story Property
- Crawl Space
Kitchen
- Oven
- Free-Standing Range
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Wall Furnace
- Gas Water Heater
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Tenant pays for all utilities
- Assessor Parcel Number 99.19-3-82
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Gas Meters
- Gross Income $15,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 26, 2024
Closed on
Feb 11, 2025
Sold by
Ward Nathaniel C
Bought by
Oasis Capital Llc and Oasis Capital Properties
Seller's Agent
Jonathan Szewczyk
Signature Properties Corning
Buyer's Agent
Kelly McKay
Signature Properties
List Price
$80,000
Sold Price
$80,000
Views
22
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,000
Avg. Annual Appreciation
11.84%
Original Mortgage
$64,000
Outstanding Balance
$63,839
Interest Rate
6.91%
Mortgage Type
Commercial
Estimated Equity
$20,576
Purchase Details
Listed on
Apr 25, 2019
Closed on
Oct 3, 2019
Sold by
Dewalt Fell
Bought by
Ward Nathaniel
Seller's Agent
David Corcoran
Howard Hanna Elmira
Buyer's Agent
Nichol Clark
Warren Real Estate
List Price
$58,500
Sold Price
$55,000
Premium/Discount to List
-$3,500
-5.98%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$52,250
Interest Rate
3.4%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 27, 2008
Sold by
Friends William
Bought by
Fell-Dewalt Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,800
Interest Rate
5.83%
Mortgage Type
Unknown
Purchase Details
Closed on
May 6, 2008
Sold by
Friends William
Bought by
Friends William
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $80,000 | None Available | |
| Deed | $55,000 | None Available | |
| Deed | $48,500 | -- | |
| Deed | $48,500 | -- | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $64,000 | Commercial | |
| Previous Owner | $52,250 | New Conventional | |
| Previous Owner | $38,800 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/11/2025 02/11/25 | Sold | $80,000 | 0.0% | $51 / Sq Ft |
| 11/26/2024 11/26/24 | For Sale | $80,000 | +45.5% | $51 / Sq Ft |
| 10/02/2019 10/02/19 | Sold | $55,000 | -6.0% | $35 / Sq Ft |
| 09/02/2019 09/02/19 | Pending | -- | -- | -- |
| 04/25/2019 04/25/19 | For Sale | $58,500 | 0.0% | $38 / Sq Ft |
| 08/01/2015 08/01/15 | Rented | -- | -- | -- |
| 07/02/2015 07/02/15 | Under Contract | -- | -- | -- |
| 05/12/2015 05/12/15 | For Rent | $585 | -- | -- |
Source: Elmira-Corning Regional Association of REALTORS®
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $1,725 | $54,700 | $13,350 | $41,350 |
| 2023 | $1,683 | $54,700 | $13,350 | $41,350 |
| 2022 | $1,693 | $54,700 | $13,350 | $41,350 |
| 2021 | $1,704 | $51,600 | $12,600 | $39,000 |
| 2020 | $1,698 | $51,600 | $12,600 | $39,000 |
| 2019 | $611 | $51,600 | $12,600 | $39,000 |
| 2018 | $1,647 | $51,600 | $12,600 | $39,000 |
| 2017 | $1,620 | $51,600 | $12,600 | $39,000 |
| 2016 | $1,615 | $51,600 | $12,600 | $39,000 |
| 2015 | -- | $51,600 | $12,600 | $39,000 |
| 2014 | -- | $43,900 | $11,800 | $32,100 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Jonathan Szewczyk
Signature Properties Corning
(607) 481-8138
1 in this area
5 Total Sales
-
Buyer's Agent in 2025
Kelly McKay
Signature Properties
(607) 207-5700
30 in this area
105 Total Sales
-
D
Seller's Agent in 2019
David Corcoran
Howard Hanna Elmira
-
N
Buyer's Agent in 2019
Nichol Clark
Warren Real Estate
-
J
Seller's Agent in 2015
Jacqueline Ann Wilson
Howard Hanna Elmira
(607) 857-5159
3 in this area
30 Total Sales
Map
Source: Elmira-Corning Regional Association of REALTORS®
MLS Number: EC278071
APN: 073600-099-019-0003-082-000-0000
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