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57 S Main St, Elmira, NY, 14904

--beds
--baths
0sqft
$50,000
--price/sqft
$625/moest. monthly cost
$25,000/yrincome needed

About This Home

5,400 sq. ft. commercial building with four units - five bedrooms, and four full baths. Needs extensive repairs but offers excellent potential for rental income or redevelopment. Priced to sell - bring your vision and make it your next project!

Getting Around

80
WalkingVery Walkable
0
TransitVery Limited Transit
67
BikeBikeable

Schools

2/10
Parley Coburn SchoolGrades 3-60.3 mi
3/10
Ernie Davis AcademyGrades 7-81.5 mi
3/10
Elmira High SchoolGrades 10-121.2 mi

Construction

Condition

  • Year built: 1958

Materials

  • Foundation: Block,Stone
  • Roof: Rubber
  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes
  • Basement: Dirt Floor

Heating & Cooling

  • Heating features: See Remarks
  • Cooling features: None

Interior Area

  • Total structure area: 0

Property

Lot

  • Lot size: 4,267 sqft
  • Features: See Remarks
  • Lot size dimensions: 42.67 x 100

Parking

  • Total spaces: 1
  • Parking features: Garage,Detached
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningModerate

How This Home’s Risks Compare

Lightning

FEMA Declared Disasters in Chemung County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $252$3,024
Home Insurance *$44$528
Property Taxes $83$996
Electricity $246$2,954
Total$625$7,500
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$21,428/yr
40% on housing$18,750/yr
45% on housing$16,666/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.2%
2.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 14904$56
Chemung County$88

vs Homes Sold Last Month

Median $/sqft

ZIP 14904$70
Chemung County$98

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-23Listed for sale$50,000
2026-02-27Pending sale$50,000
2026-02-27Listed for sale$50,000
2026-01-04Listing removed$50,000
2025-07-04Listed for sale$50,000
2024-08-12Listing removed$89,900
2024-04-12Sold$45,000
2023-12-28Contingent$75,000
2023-12-27Pending sale$75,000
2023-12-20Listed for sale$75,000
2022-01-14Listing removed--
2021-12-22Listed for sale$89,900
2021-12-09Contingent$89,900
2021-05-27Listed for sale$89,900
2021-01-13Listing removed--
2020-09-24Listed for sale$89,900

For Sale by Agent

AgentKelly Sindoni
BrokerageWarren Real Estate - Sayre

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