958 Lake Street, Elmira, NY 14901 | MLS #B1669372 | HUNT Real Estate
 
  • 90 days on site
  • 8 views

Spacious 3-story single-family home offering 4,679 sq ft of living space on a 9,724 sq ft lot. Formerly operated as a nursing home, this unique property features 11 bedrooms and 3 full bathrooms, presenting a rare opportunity for investors, large households, or potential conversion projects. Major updates include electrical improvements completed in 2020 and brand-new plumbing from the street to the home. The roof was replaced in 2016, and the property has no known foundation issues. Heating is provided by a gas furnace. The home does require repairs and is being sold as-is. Fire damage is present on the rear exterior, affecting the porch and back wall, along with one interior wall that needs replacement. Additionally, approximately 10 windows need to be replaced. There is no central air conditioning. Exterior features include private off-street parking and no garage. With its size, layout, and prior use, this property offers significant potential for redevelopment or restoration. Bring your vision and restore this expansive property to its full potential.#BA & #BR Owner Verified

Source: New York Alliance, MLS#: B1669372

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  • Property Type
    Residential
  • Lot
    0.22 acres

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  • Median Age
    37
  • Population Density
    408
  • College Educated
    23%
  • Estimated Median Income
    $33,783
  • Estimated Total Home Owners
    2,923
  • Estimated Total Renters
    2,461
  • Owner / Renter Divide
    54% / 46%
  • Estimated Average Household Size
    2
  • Total Population
    15,581
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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