$198,000
SOLD JUL 28, 2025

565 Thompson St Elmira, NY 14904

4 Beds
2 Baths
2,110 Sq Ft
6,600 Sq Ft Lot

Recently Sold

$94 Per Sq Ft

5% Below List Price

102 Days on Market

Highlights

  • Window Unit Cooling System
  • High Speed Internet
  • Carpet
  • Forced Air Heating System
  • Rectangular Lot

About This Home

As of July 2025

This Cash Flowing Duplex is in Turnkey Condition and Ready for an Investor Looking for a High-Demand Rental or a Homeowner Wanting to Live in One Unit While Generating Income from the Other. This 4 Bedroom 2 Full Bathroom Gem of a Property has Been Renovated Including a Newer Roof 2022, 2 New Furnaces 2022, a Newer Water Heater, New LVP Flooring, as well as Select New Windows and Gutters all in the Last 3.5 Years. First Floor Offers 9 Ft Ceilings with 2 Generous Bedrooms, Nicely Updated LARGE Full Bath with Laundry, Formal Dining Room, Living Room with Vaulted Sitting Area and Comfortable Kitchen that Leads to Covered Porch. The Upstairs Includes 1 Oversized Bedroom and 1 Good Size Bedroom, Full Bath, Dining Room off Living Room, Very Spacious Kitchen with Laundry and Sun Porch! This Unit is Currently Rented for $1100/month with Potential. Situated on a Spacious Lot with a Double Lot Next Door for Added Space Between Neighbors, this Property Offers Privacy in a Convenient Location. It’s Just Minutes from LECOM, Arnot Ogden Medical Center, and Elmira College, Making it an Ideal Choice for Homeowners and Investors Alike. Come take a look!

Last Agent to Sell the Property

Jules Costello

Listing by Warren Real Estate Brokerage Phone: (631) 433-7702 License #10401282603 Listed on: 04/17/2025

Co-Listed By

Khalid Osman

Listing by Warren Real Estate Brokerage Phone: (631) 433-7702 License #10401338142

Last Buyer's Agent

Joseph Iles

Listing by Keller Williams Realty Southern Tier & Finger Lakes License #10401289761

Keller Williams Realty Southern Tier & Finger Lakes

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 6,600 Sq Ft Lot
  • Lot Dimensions are 50x132
  • Rectangular Lot

Home Design

  • Duplex
  • Stone Foundation
  • Vinyl Siding

Interior Spaces

  • 2,110 Sq Ft Home
  • 2-Story Property
  • Carpet
  • Basement Fills Entire Space Under The House
  • Washer Hookup

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Parking

  • Carport
  • Parking Available

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

  • Rent includes common area maintenance, gardener, snow removal, trash collection
  • Tax Lot 51
  • Assessor Parcel Number 070400-099-019-0002-051-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Gross Income $13,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Common Area Maintenance, Gardener, Snow Removal, Trash Collection
  • Year Built: 1910
  • Attribution Contact: (631) 433-7702
  • ResoLaundryFeatures: Washer Hookup
  • Lot Features: Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Co List Office Mls Id: EC231
  • Co List Office Phone: (607) 398-6416
  • Directions: Penn Ave to Thompson, Home is on the Left
  • Architectural Style: Duplex
  • Carport Y N: Yes
  • Flooring: Carpet, Luxury Vinyl, Varies
  • Interior Features: Storage
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1515
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Stone

Garage/Parking

  • Parking Features: Carport, Parking Available

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Electricity Available, High Speed Internet Available, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Elmira

Lot Info

  • Parcel Number: 070400-099-019-0002-051-000-0000
  • Lot Dimensions: 50X132
  • Lot Size Sq Ft: 6600.0
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential 2 Unit

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 13200.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 74019.0
  • Tax Lot: 51
  • Tax Other Annual Assessment Amount: 70500.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 15, 2021
Closed on
Jun 17, 2021
Sold by
Adams Thompson Llc
Bought by
Koch Andrew J
Seller's Agent
Steve Kettelle
Keller Williams Realty Southern Tier & Finger Lakes
Buyer's Agent
Thomas Easton
Howard Hanna Horseheads
List Price
$89,000
Sold Price
$90,000
Premium/Discount to List
$1,000
1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.96%

Purchase Details

Closed on
Feb 19, 2016
Sold by
Devlin Michael
Bought by
Adams Thompson Llc

Purchase Details

Closed on
Mar 22, 2007
Sold by
County Of Chemung
Bought by
Devlin Michael

Purchase Details

Closed on
Nov 8, 1999
Sold by
Associates Home Equity Se Rvices Inc
Bought by
Deulin Michale

Purchase Details

Closed on
Mar 7, 1995
Sold by
Hunter Cynthia Tyra Peter E
Bought by
Wittig Deborah
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $90,000 None Available
Deed -- Stephen Hoffmann
Not Resolvable $3,005 --
Deed $28,500 --
Deed $51,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $52,856 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Sold $198,000 -1.0% $94 / Sq Ft
05/13/2025 05/13/25 Price Changed $199,900 -4.4% $95 / Sq Ft
04/17/2025 04/17/25 For Sale $209,000 +132.2% $99 / Sq Ft
06/25/2021 06/25/21 Sold $90,000 +1.1% $43 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
03/15/2021 03/15/21 For Sale $89,000 -- $42 / Sq Ft
Source: Elmira-Corning Regional Association of REALTORS®

Tax History Compared to Growth

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 $3,521 $43,000 $5,800 $37,200
2023 $3,515 $43,000 $5,800 $37,200
2022 $1,523 $43,000 $5,800 $37,200
2021 $1,501 $43,000 $5,800 $37,200
2020 $1,714 $43,000 $5,800 $37,200
2019 $639 $43,000 $5,800 $37,200
2018 $3,585 $43,000 $5,800 $37,200
2017 $1,522 $43,000 $5,800 $37,200
2016 $1,632 $43,000 $5,800 $37,200
2015 -- $43,000 $5,800 $37,200
2014 -- $43,000 $5,800 $37,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: R1597380

APN: 070400-099-019-0002-051-000-0000