INVESTORS! Here is a great opportunity to own this two unit home that has been COMPLETELY remodeled inside. These units are side by side, one is a lower unit, one is an upper unit & they are both two bedrooms with one full bathroom. Both units are currently vacant and ready for its new tenants. Both have all new flooring, kitchen & baths completely renovated, all fresh paint inside, both units have laundry hook ups, and the second floor has a walk out covered porch. This home sits right next to schools, parks, dining, etc. and is sure to be a good money maker! Truly a must see! **The seller is willing to give a credit towards exterior paint with an acceptable offer.**
Closed
$111,340
503 Lake St, Elmira, NY 14901
4beds
2,386sqft
Multi Family
Built in 1870
-- sqft lot
$122,300 Zestimate®
$47/sqft
$1,362 Estimated rent
Home value
$122,300
$97,000 - $149,000
$1,362/mo
Zestimate® history
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$1,362/mo
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$1,362/mo
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$718/mo
Est. payment
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$718/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Thomas Easton 607-398-8887,
Howard Hanna Horseheads
Bought with:
Valerie Clark, 10401342432
Warren Real Estate
Source: NYSAMLSs,MLS#: EC278256
Originating MLS: Elmira Corning Regional Association Of REALTORS
Originating MLS: Elmira Corning Regional Association Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Gas, Forced Air
Appliances
- Included: Free-Standing Range, Gas Water Heater, Oven
Features
- Ceiling Fan(s), Bedroom on Main Level
- Flooring: Varies, Vinyl
- Number of fireplaces: 1
Interior area
- Total structure area: 2,386
- Total interior livable area: 2,386 sqft
Property
Parking
- Parking features: Off Street, Other, Parking Available, See Remarks
Features
- Patio & porch: Deck
- Exterior features: Deck
- Body of water: None
Lot
- Size: 0.44 Acres
- Dimensions: 164 x 117
Details
- Additional structures: Shed(s), Storage
- Parcel number: 89.15824
- Zoning: Res
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Shake Siding, Wood Siding
- Roof: Shingle
Condition
- Resale
- Year built: 1870
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Cable Available, Sewer Connected, Water Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Elmira
Financial & listing details
- Price per square foot: $47/sqft
- Tax assessed value: $20,300
- Annual tax amount: $1,343
- Date on market: 1/5/2025
- Cumulative days on market: 82 days
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2025 | Sold | $111,340+1.3%$47/sqft |
Source:  NYSAMLSs #EC278256 Report a problem | ||
| 3/28/2025 | Contingent | $109,900$46/sqft |
Source: NYSAMLSs #EC278256 Report a problem | ||
| 3/24/2025 | Price change | $109,900-4.4%$46/sqft |
Source: NYSAMLSs #EC278256 Report a problem | ||
| 1/5/2025 | Listed for sale | $114,900+538.3%$48/sqft |
Source:  ECMLS #278256 Report a problem | ||
| 5/18/2023 | Sold | $18,000$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $20,300 |
| 2024 | -- | $20,300 |
| 2023 | -- | $20,300 |
| 2022 | -- | $20,300 |
| 2021 | -- | $20,300 |
| 2020 | -- | $20,300 |
| 2019 | -- | $20,300 |
| 2018 | -- | $20,300 |
| 2017 | -- | $20,300 |
| 2016 | -- | $20,300 |
| 2015 | -- | $20,300 |
| 2014 | -- | $20,300 |
| 2013 | -- | $20,300 |
| 2012 | -- | $20,300 |
| 2011 | -- | $20,300 +6.8% |
| 2010 | -- | $19,000 |
| 2009 | -- | $19,000 |
| 2008 | -- | $19,000 |
| 2007 | -- | $19,000 |
| 2006 | -- | $19,000 |
| 2005 | -- | $19,000 |
| 2004 | -- | $19,000 |
| 2003 | -- | $19,000 |
| 2002 | -- | $19,000 |
| 2001 | -- | $19,000 |
Find assessor info on the county website
Neighborhood: 14901
Nearby homes
- $--1 bd1 ba-- sqft511 Lake St #2, Elmira, NY 14901Off Market
- $--1 bd1 ba-- sqft511 Lake St #3, Elmira, NY 14901Off Market
- $32,1004 bd1 ba1.5k sqft519 Union Pl, Elmira, NY 14901Off Market
- $1,3001,300 Square Feet415 Union Pl, Elmira, NY 14901Off Market
- $2,7002,622 Square Feet408 E 3rd St, Elmira, NY 14901Off Market
- $8,8007,395 Square Feet406-408 Union Pl, Elmira, NY 14901Off Market
- $80,0003 bd2 ba1.5k sqft520 W 2nd St, Elmira, NY 14901Sold
- $5,0004,260 Square Feet404 Union Pl, Elmira, NY 14901Off Market
Nearby schools
GreatSchools rating
- 1/10Thomas K Beecher SchoolGrades: 3-6Distance: 0.5 mi
- 3/10Ernie Davis AcademyGrades: 7-8Distance: 1.4 mi
- 3/10Elmira High SchoolGrades: 10-12Distance: 1.8 mi
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.
- New York
- Chemung County
- Elmira
- 14901
- 503 Lake St
Nearby cities
Nearby zip codes
Other Elmira Topics
