Retail Fix And Flip

Best Deal Upstate NY! 10 Unit Renovation-Walking Distance Elmira College

112 Lake St, Elmira, NY 14901

$780,000 After Repair Value -
$250,000 Asking Price -
$150,000 Cost of Repairs =
$380,000 Potential Profit

Property Details

Asking Price $250,000

After Repair Value $780,000

Costs of Repairs $150,000

Potential Profit $380,000

Living Area 12000 ft2

Property Type Multi-Family

Bedrooms +7

Bathrooms 5

Half Bathrooms 1

Parking 1

Listed with Agent No

Property Description

2 RETAILS SPACES WITH 8 UNITS ABOVE (IN NEED OF GUT RENOVATION -GREAT INCOME PRODUCING 10 UNIT POTENTIAL- APPROX 12,000SF) THE ENTIRE ELMIRA AND CORNING AREAS ARE UNDERGOING RE-DEVELOPMENT- NEW AIRPORT EXPANSION PLANS, DOWNTOWN ELMIRA & CORNING DEVELOPMENTS - JUST CHECK IT OUT!
SITE IS ALSO WALKING DISTANCE TO ELMIRA COLLEGE!

Repairs Needed

8 units above is Gut/Reno

CONTACT LISTING OWNER

Hathshire S.

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