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1015 Lake Street, 
Elmira, NY 14901

$89,900


5

Beds


4

Baths


5,355

Sq Ft


Multi-Family

Active

Listed by

Paul Obrien

Keller Williams Realty Southern Tier & Finger Lakes

607-795-2900

Last updated:

August 1, 2025, 05:42 PM

MLS#

R1627283

Source:

NY GENRIS

About This Home

1015 Lake Street

Fantastic Investment Opportunity – 4-Unit Multi-Family Property with Long-Term Tenants & Income Potential This solid 4-unit apartment house is the perfect opportunity for investors or owner-occupants looking to generate reliable rental income with room for growth. Three of the four units are currently rented by long-term tenants who appreciate the property’s convenient location near public transportation and on-site, coin-operated laundry—an additional income stream for the owner. The fourth unit is mid-renovation and will be sold as-is, offering a blank canvas for the new owner to finish to their taste and increase overall rental revenue. A brand-new roof was installed just last year, ensuring peace of mind on one of the biggest property expenses. While the exterior needs some finishing touches, the property has strong bones and plenty of upside potential. Whether you’re looking to expand your rental portfolio or move in and rent out the rest, this multi-family delivers both cash flow and future value. Don’t miss your chance to own a well-located, income-producing property with room to grow!

Home Facts

Multi-Family

4 Baths

5 Bedrooms

Built in 1900

Price Summary

89,900

$16 per Sq. Ft.

MLS #:

R1627283

Last Updated:

August 1, 2025, 05:42 PM

Added:

10 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

5

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

5,355 Sq. Ft.


Structure

Structure

Architectural Style:

Fourplex

Building Area:

5,355 Sq. Ft.

Year Built:

1900


Lot

Lot Size (Sq. Ft):

7,850


Finances & Disclosures

Finances

Price:

$89,900

Price per Sq. Ft:

$16 per Sq. Ft.

Source:NY GENRIS
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