Great Investment Opportunity! This attractive three-unit rental property offers strong income potential and a convenient location near schools and shopping. Unit 1 features a spacious 1-bedroom, 1-bath layout with an open and comfortable living area. Unit 2 offers a functional 2-bedroom, 1-bath floor plan, ideal for families or roommates. Unit 3 is a cozy 1-bedroom, 1-bath unit, perfect for singles or working professionals. Each unit has separate gas and electric meters, making utility management simple and efficient. While the property needs some TLC, it presents an excellent opportunity for investors looking to add value and maximize returns.
Pending
Price cut: $5K (9/29)
$59,900
316 W 1st St, Elmira, NY 14901
4beds
2,369sqft
Multi Family
Built in 1902
-- sqft lot
$-- Zestimate®
$25/sqft
$-- HOA
What's special
- 82 days
- 10
- 0
Zillow last checked:
Listing updated:
Listed by:
Howard Hanna Corning 607-936-4663,
Jennifer Silata 607-331-1256
Source: NYSAMLSs,MLS#: R1708709
Originating MLS: Elmira Corning Regional Association Of REALTORS
Originating MLS: Elmira Corning Regional Association Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Laminate, Varies
- Basement: Exterior Entry,Walk-Up Access
- Has fireplace: No
Interior area
- Total structure area: 2,369
- Total interior livable area: 2,369 sqft
Property
Parking
- Parking features: Two or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 9,178 Square Feet
- Dimensions: 66 x 138
- Features: Rectangular, Rectangular Lot, Residential Lot
Details
- Parcel number: 07040008901800070140000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding, Wood Siding
- Roof: Architectural,Shingle
Condition
- Resale
- Year built: 1902
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, High Speed Internet Available, Sewer Connected, Water Connected
Community & HOA
Location
- Region: Elmira
Financial & listing details
- Price per square foot: $25/sqft
- Tax assessed value: $50,000
- Annual tax amount: $5,066
- Date on market: 8/21/2026
- Cumulative days on market: 83 days
- Listing terms: Cash,Conventional,Rehab Financing
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Pending sale | $59,900$25/sqft |
Source:  NYSAMLSs #R1708709 Report a problem | ||
| 9/29/2026 | Price change | $59,900-7.7%$25/sqft |
Source: NYSAMLSs #R1708709 Report a problem | ||
| 8/21/2026 | Listed for sale | $64,900-5.9%$27/sqft |
Source: NYSAMLSs #R1708709 Report a problem | ||
| 10/29/2025 | Listing removed | $69,000$29/sqft |
Source: NYSAMLSs #R1602712 Report a problem | ||
| 7/22/2025 | Contingent | $69,000$29/sqft |
Source: NYSAMLSs #R1602712 Report a problem | ||
| 7/3/2025 | Price change | $69,000-8%$29/sqft |
Source: NYSAMLSs #R1602712 Report a problem | ||
| 6/4/2025 | Price change | $75,000-11.8%$32/sqft |
Source: NYSAMLSs #R1602712 Report a problem | ||
| 4/28/2025 | Listed for sale | $85,000+226.9%$36/sqft |
Source: NYSAMLSs #R1602712 Report a problem | ||
| 4/23/2014 | Sold | $26,000-50.9%$11/sqft |
Source: Public Record Report a problem | ||
| 1/3/2006 | Sold | $53,000$22/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $50,000 |
| 2024 | -- | $50,000 |
| 2023 | -- | $50,000 |
| 2022 | -- | $50,000 |
| 2021 | -- | $50,000 |
| 2020 | -- | $50,000 |
| 2019 | -- | $50,000 |
| 2018 | -- | $50,000 |
| 2017 | $1,192 | $50,000 |
| 2016 | -- | $50,000 |
| 2015 | -- | $50,000 |
| 2014 | -- | $50,000 |
| 2013 | -- | $50,000 |
| 2012 | -- | $50,000 |
| 2011 | -- | $50,000 |
| 2010 | -- | $50,000 |
| 2009 | -- | $50,000 |
| 2008 | -- | $50,000 |
| 2007 | -- | $50,000 |
| 2006 | -- | $50,000 |
| 2005 | -- | $50,000 |
| 2004 | -- | $50,000 |
| 2003 | -- | $50,000 |
| 2002 | -- | $50,000 |
| 2001 | -- | $50,000 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 14901
Nearby schools
Schools provided by the listing agent
- District: Elmira
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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