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    464 Spaulding St Elmira, NY 14904

    For Sale
    $124,900

    MULTI_FAMILY - Elmira, NY

    Property size:
    3,931 SF
    Days on Market:
    44
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 464 Spaulding St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Bedroom 5, Bedroom 2, Bedroom 3, Bedroom 6, Basement, Bedroom 1, Bedroom 4
    Bedrooms
    6
    APN
    99.08-5-27, 99.08-5-28
    Parking features
    Garage
    Appliances
    GasWaterHeater
    Size
    3,931 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    5
    Flooring type
    Laminate, Carpet, Varies
    Building materials
    WoodSiding
    Roof type
    Shingle

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

    Listing agent Nicholas Magera (607) 739-1444 License #10401326121

    Listing date Oct 24, 2025

    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 Multifamily Investment Opportunity

    This package deal presents an investment opportunity with five units across two buildings. The properties include a three-unit building and a two-unit building situated next to each other. Currently, one unit in each building is occupied, leaving three units available for immediate rental or renovation to increase their value. The three-unit building features separate meters for each apartment. The combined property size is 3931 square feet and is located in Elmira, NY.
    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
    -76.797437
    Latitude
    42.082107

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    FAQs

    What type of property is this?
    Apartment building - Package deal: five units in two buildings, value-add potential.
    Where is this apartment building located?
    The property is located at 464 Spaulding St Elmira, NY.
    What is the asking price?
    The asking price for this property is $124,900.
    What are key features of this property?
    This property features: - Package deal: 5 units across two buildings.; - Immediate rental income potential with 3 vacant units.; - Value-add opportunity through renovation.
    (607) 739-1444
    Request Owner's contact information
    464 Spaulding St 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
    464 Spaulding St Elmira, NY 14904
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