1106 Lake Street

Investor Alert! Three-Unit Property with Exceptional Potential! Here's an opportunity to add a versatile multi-unit property to your investment portfolio in Elmira. All three apartments will be delivered vacant, allowing a new owner to establish market rents and select their own tenants from day one. The property features one spacious three-bedroom, one-bath first-floor apartment with a brand-new updated kitchen, fresh paint, and new carpeting. The other two apartments each offer one bedroom and one full bath. A major bonus is the impressive garage space, featuring a large two-story, two-car garage plus a separate one-story, two-bay garage, offering additional storage and potential for a variety of uses. Recent improvements include a fresh coat of exterior paint and a newer roof on the second garage. Additional features include a rubber roof, partially separate utilities, and off-street parking. Whether you're an experienced investor looking to expand your portfolio or just getting started in multi-family ownership, this property offers an opportunity to add value, establish rental income, and maximize its potential! The following windows of showing times are available. Friday, 11/6 3 - 4 pm, Saturday 11/7 2-3 pm and Monday 11/9 6-6:30 pm A showing appointment is still required via ShowingTime. Delayed negotiations begin Tuesday, 11/10 at 4 pm.