316 W 1st St Elmira, NY 14901
Estimated payment $436/month
Highlights
- Forced Air Heating System
- Rectangular Lot
- Walk-Up Access
- High Speed Internet
- Wood Siding
About This Home
This attractive three-unit rental property is a fantastic opportunity for both investors and tenants, offering convenience, charm, and great potential. Unit 1 features a spacious 1-bedroom, 1-bath layout that provides a comfortable and open living space. Unit 2 offers a functional 2-bedroom, 1-bath setup, making it perfect for families or shared living arrangements. Unit 3 is a cozy 1-bedroom, 1-bath unit, ideal for professionals or singles. Each unit has its own gas and electric meter, simplifying utility management for tenants. The property boasts lovely curb appeal and is conveniently located near schools and shopping, making it an attractive option for renters. While the property may require a bit of TLC, it offers incredible potential for upgrades to maximize its value.
Listing Agent
Listing by Howard Hanna Corning Denison License #10401284831 Listed on: 04/28/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1902
Lot Details
- 9,178 Sq Ft Lot
- Lot Dimensions are 66x138
- Rectangular Lot
Home Design
- Brick Exterior Construction
- Wood Siding
- Vinyl Siding
Interior Spaces
- 2,369 Sq Ft Home
- 2-Story Property
- Laminate Flooring
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Full Bathrooms
Basement
- Walk-Up Access
- Exterior Basement Entry
Utilities
- Forced Air Heating System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- 3 Units
- 3 Separate Gas Meters
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 070400-089-018-0007-014-000-0000
Map
Home Values in the Area
Average Home Value in this Area
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 | $5,079 | $50,000 | $9,800 | $40,200 |
| 2023 | $5,072 | $50,000 | $9,800 | $40,200 |
| 2022 | $1,770 | $50,000 | $9,800 | $40,200 |
| 2021 | $1,745 | $50,000 | $9,800 | $40,200 |
| 2020 | $1,821 | $50,000 | $9,800 | $40,200 |
| 2019 | $4,250 | $50,000 | $9,800 | $40,200 |
| 2018 | $4,250 | $50,000 | $9,800 | $40,200 |
| 2017 | $1,770 | $50,000 | $9,800 | $40,200 |
| 2016 | $1,757 | $50,000 | $9,800 | $40,200 |
| 2015 | -- | $50,000 | $9,800 | $40,200 |
| 2014 | -- | $50,000 | $9,800 | $40,200 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/03/2025 07/03/25 | Price Changed | $69,000 | -8.0% | $29 / Sq Ft |
| 06/04/2025 06/04/25 | Price Changed | $75,000 | -11.8% | $32 / Sq Ft |
| 04/28/2025 04/28/25 | For Sale | $85,000 | -- | $36 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Quit Claim Deed | -- | Stephen Hoffmann | |
| Deed | $26,000 | -- | |
| Deed | $53,000 | -- |
Source: Elmira-Corning Regional Association of REALTORS®
MLS Number: R1602712
APN: 070400-089-018-0007-014-000-0000
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