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603-605 W 1st St, Elmira, NY, 14905

2beds
2baths
1,672sqft
$48,420
$29price/sqft
$625/moest. monthly cost
$25,000/yrincome needed

About This Home

Unlock the possibilities with this versatile downtown Elmira duplex, a foreclosure opportunity perfectly suited for investors or those looking to craft their own custom residence. This property offers a unique "blank canvas" appeal, featuring two distinct living spaces with the structural flexibility to easily be converted back into a spacious single-family home. The main level provides a comfortable one-bedroom, one-bathroom layout enhanced by a dedicated office space—ideal for today’s remote work lifestyle. Upstairs, you’ll find a quaint, studio-style one-bedroom apartment that functions as an efficient rental or private guest suite. Practicality meets potential here, as the heavy lifting on mechanicals has already begun with a newer furnace and hot water tank recently installed. The property is currently optimized for effortless management with two separate meters, allowing for easy utility separation between units. Outdoor amenities are a rare find for the area, including a semi-private yard for relaxation and a detached two-car garage that provides coveted off-street parking or additional storage. Whether you choose to renovate and rent or restore it to its original single-family glory, this property is a standout project in a central location. Sold as-is—bring your vision and seize this downtown value play.

Getting Around

68
WalkingSomewhat Walkable
0
TransitVery Limited Transit
63
BikeBikeable

Schools

3/10
Thomas K Beecher SchoolGrades 3-61.5 mi
4/10
Ernie Davis AcademyGrades 7-80.8 mi
3/10
Elmira High SchoolGrades 10-121.7 mi

Construction

Condition

  • Property condition: Resale
  • Year built: 1900

Materials

  • Construction materials: Wood Siding

Type & Style

  • Home type: MultiFamily
  • Architectural style: Duplex
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Laminate,Varies

Heating

  • Heating features: Gas,Forced Air

Interior Area

  • Total structure area: 1,672
  • Total interior livable area: 1,672 sqft

Property

Details

  • Parcel number: 07040008901800020310000000
  • Special condition: Real Estate Owned

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Fence,Patio
  • Fencing: Partial

Lot

  • Lot size: 10,724 sqft
  • Features: Near Public Transit,Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 75 x 143

Parking

  • Total spaces: 2
  • Parking features: Garage,Gravel,Two or More Spaces
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2