$99,000
PENDING

616 Reynolds St Elmira, NY 14904

Estimated payment $703/month

Total Views 7,847
3 Beds
5 Baths
3,810 Sq Ft
$26 Price per Sq Ft

Highlights

  • Property is near public transit
  • Ceiling Fan
  • 1 Car Garage
  • Ceramic Tile Flooring
  • Baseboard Heating
  • Rectangular Lot

About This Home

Incredible investment opportunity in a prime location! This mixed-use triplex offers serious benefits for the savvy investor. Featuring three residential units and a business space, this property was once a thriving local business and still holds tons of potential. The building could use a little TLC and is priced to reflect that, but the bones are solid and with the right updates, it can easily shine again! Located in a convenient southside location with a public park nearby and a bus stop a few blocks away. This is your chance to restore and revitalize a property with built-in income streams. Two of the three units are currently and rented and occupied. Don't miss this unique chance to add value and create something special! Delayed negotiations until 5/27 at 5pm.

Listing Agent

John Picarazzi

Listing by Howard Hanna Elmira License #10401390453 Listed on: 05/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,962

Year Built

  • Built in 1930

Lot Details

  • 5,650 Sq Ft Lot
  • Lot Dimensions are 50x113
  • Rectangular Lot

Parking

  • 1 Car Garage

Home Design

  • Triplex
  • Wood Siding
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 3,810 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Basement Fills Entire Space Under The House

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms

Location

  • Property is near public transit

Utilities

  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Community Details

  • 4 Units
  • 1 Separate Gas Meter

Listing and Financial Details

  • Tax Lot 30
  • Assessor Parcel Number 070400-099-019-0001-030-000-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,962

Year Built

Built in 1930

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Rent Includes: Heat, Water
  • Year Built: 1930
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Pennsylvania Ave to Reynolds. Property is on the corner of Perine Street and Reynolds.
  • Architectural Style: Other, See Remarks, Triplex
  • Flooring: Carpet, Ceramic Tile, Laminate, Varies, Vinyl
  • Garage Yn: Yes
  • Interior Features: Ceiling Fan(s)
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Total Bedrooms: 3
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.1297
  • Waterfront: No
  • Construction Type: Aluminum Siding, Vinyl Siding, Wood Siding

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Garage, Two or More Spaces

Utilities

  • Heating: Electric, Baseboard
  • HeatingYN: Yes
  • Utilities: Cable 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: 070400-099-019-0001-030-000-0000
  • Lot Dimensions: 50X113
  • Lot Size Sq Ft: 5650.0
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4
  • Number Of Units Total: 3
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 1962.0
  • Tax Lot: 30

Map

Range of Values:

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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 $1,962 $30,000 $5,000 $25,000
2023 $1,958 $30,000 $5,000 $25,000
2022 $1,062 $30,000 $5,000 $25,000
2021 $1,047 $30,000 $5,000 $25,000
2020 $1,093 $30,000 $5,000 $25,000
2019 $158 $30,000 $5,000 $25,000
2018 $840 $30,000 $5,000 $25,000
2017 $416 $30,000 $5,000 $25,000
2016 $239 $20,000 $5,000 $15,000
2015 -- $20,000 $5,000 $15,000
2014 -- $20,000 $5,000 $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/19/2025 08/19/25 Pending -- -- --
08/13/2025 08/13/25 Off Market $99,000 -- --
05/13/2025 05/13/25 For Sale $99,000 -- $26 / Sq Ft
Source: Elmira-Corning Regional Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $12,000 --
Foreclosure Deed $62,000 --
Interfamily Deed Transfer $60,000 John V Moore
Source: Public Records

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Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: R1606616

APN: 070400-099-019-0001-030-000-0000