$155,000
$10K PRICE DROP

401 Lower Pace Rd Corning, NY 14830

Estimated payment $1,039/month

Total Views 35,660
4 Beds
2 Baths
1,714 Sq Ft
$90 Price per Sq Ft

Highlights

  • 0.52 Acre Lot
  • Property is near public transit
  • Forced Air Heating System
  • Corning-Painted Post High School Rated A-
  • Wood Flooring
  • Ceiling Fan

About This Home

Great Investment opportunity in the beautiful City of Corning. Wooded lot across the street makes for a prime setting. 2 unit multi-unit property is currently rented to long-term tenants. Lower level unit has hardwood floors, wood moldings throughout, large kitchen, currently used as a 2 bedroom. Upstairs unit has 2 bedrooms. Both units have separate driveways. Detached 2 car garage. Washer Dryer in basement with walkout. Separate utilities. Large wooded back yard.

Listing Agent

Stacey Parrish

Listing by Cabins to Castles License #10371200259 Listed on: 07/06/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 100x226
  • Rectangular Lot

Parking

  • 2 Car Garage
  • Gravel Driveway

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 1,714 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Basement

  • Walk-Out Basement
  • Partial Basement

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Baseboard Heating
  • Electric Water Heater

Community Details

  • 2 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 317.07-02-007.000

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Parking
  • Year Built: 1900
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot
  • Road Frontage Type: Main Thoroughfare
  • Architectural Style: Duplex
  • Flooring: Hardwood, Laminate, Varies
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Electric Water Heater
  • Basement: Partial, Walk-Out Access
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.52
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Gravel, Two or More Spaces, Garage

Utilities

  • Heating: Electric, Gas, Baseboard, Forced Air
  • HeatingYN: Yes
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Corning-Painted Post

Lot Info

  • Parcel Number: 317.07-02-007.000
  • Lot Dimensions: 100X226
  • Lot Size Sq Ft: 22630.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 103750.0
  • Tax Other Annual Assessment Amount: 100000.0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $2,719 $99,000 $23,400 $75,600
2023 $2,749 $99,000 $23,400 $75,600
2022 $3,292 $70,000 $23,900 $46,100
2021 $2,422 $70,000 $23,900 $46,100
2020 $1,429 $70,000 $23,900 $46,100
2019 -- $60,000 $23,900 $36,100
2018 $2,676 $60,000 $23,900 $36,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/03/2025 09/03/25 Price Changed $155,000 -6.1% $90 / Sq Ft
07/06/2025 07/06/25 For Sale $165,000 -- $96 / Sq Ft
Source: Elmira-Corning Regional Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: R1620607

APN: 460300 317.07-02-007.000 01

New York Steuben County Corning 14830

401 Lower Pace Rd, Corning, NY

For Sale

MultiFamily

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Nearby Homes
Listing Agent
Stacey Parrish
Section Image
Cabins to Castles
(607) 325-7308