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    300 Lormore St Elmira, NY 14904

    New
    Under Contract
    For Sale
    $80,000

    MULTI_FAMILY - Other - Elmira, NY

    Property size:
    2,627 SF
    Lot size:
    0.17 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 14 at 6:06 pm

    Property Features for 300 Lormore St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active Under Contract
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 2
    Bedrooms
    6
    Bathrooms
    2
    APN
    070400-099-008-0004-055-000-0000
    Parking features
    On Street, Paved or Surfaced
    Appliances
    GasWaterHeater
    Size
    2,627 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Carpet
    Building materials
    AluminumSiding
    Architectural style
    Other

    RealtyUSA.com (607) 287-8439 [email protected]

    Listing agent Morgan Leach (607) 936-4663 License #10401364003

    Listing date Dec 13, 2025

    MLS# R1627127 Listing URL

    Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elmira Two-Unit Investment Opportunity

    This two-unit property in Elmira, NY, presents a great investment opportunity. Each of the two units features three bedrooms and one bathroom. The property offers separate gas and electric utilities for each unit. The upstairs unit is currently vacant, allowing for immediate occupancy or rental potential. The downstairs unit is tenant-occupied and generates a rental income of $1,250 per month. The property is situated on a lot of 0.1653 acres and has a property size of 2627 square feet. Its location offers convenient access to schools and major highways. This property is suitable for investors or individuals seeking to occupy one unit while renting out the other.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elmira
    County
    Chemung
    State
    New York
    Longitude
    -76.79807
    Latitude
    42.083302

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    FAQs

    What type of property is this?
    Duplex - Two-unit property with rental income and convenient location in Elmira.
    Where is this duplex located?
    The property is located at 300 Lormore St Elmira, NY.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - Two-unit property provides immediate rental income from tenant-occupied unit ($1,250/month).; - Vacant upstairs unit allows for immediate occupancy or rental opportunity.; - Each unit features three bedrooms and one bathroom.
    (607) 936-4663
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    300 Lormore St Elmira, NY 14904
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    Elmira, NY 14904
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    300 Lormore St Elmira, NY 14904
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