Fix And Flip

Best Deal Upstate NY! 23KSF School With 1.8Acre Site For Development

550 Spruce St, Elmira, NY 14904

$2,450,000 After Repair Value -
$250,000 Asking Price -
$450,000 Cost of Repairs =
$1,750,000 Potential Profit

Property Details

Asking Price $250,000

After Repair Value $2,450,000

Costs of Repairs $450,000

Potential Profit $1,750,000

Living Area 23000 ft2

Property Type Multi-Family

Bedrooms +7

Bathrooms 5

Half Bathrooms 1

Parking 1

Listed with Agent No

Property Description

OLD SCHOOL ELEMENTARY BUILDING- ENTIRE BUILDING IN NEED OF RENOVATION- SITE IS APPX 23,000SF AND 1.8 ACRES.

THE ENTIRE ELMIRA AND CORNING AREAS ARE UNDERGOING RE-DEVELOPMENT- NEW AIRPORT EXPANSION PLANS, DOWNTOWN ELMIRA & CORNING DEVELOPMENTS - JUST CHECK IT OUT!

*WALKING DISTANCE TO ELMIRA STATE COLLEGE

Repairs Needed

Entire Site is Gut/Reno

CONTACT LISTING OWNER

Hathshire S.

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