241 Decatur ST Corning, NY 14830
5 Beds
2 Baths
1,844 SqFt
UPDATED:
Key Details
Property Type Multi-Family, Mobile Home
Sub Type Multi Family
Listing Status Pending
Purchase Type For Sale
Square Footage 1,844 sqft
Price per Sqft $81
MLS Listing ID R1684672
Style Duplex
Bedrooms 5
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1897
Annual Tax Amount $4,898
Lot Size 7,501 Sqft
Acres 0.1722
Lot Dimensions 50X150
Property Sub-Type Multi Family
Property Description
The first-floor unit includes 2 bedrooms and 1 full bath, while the second-floor unit offers 3 bedrooms and 1 full bath. Each apartment has its own laundry facilities, and utilities are separately metered and tenant-paid, with the owner currently responsible for water/sewer. Replacement windows, vinyl siding and a 2010 roof add meaningful value, while the overall setup offers a straightforward ownership structure for long-term rental use.
The upstairs unit is occupied by a stable, long-term tenant of approximately 6 years, currently paying below-market rent and receiving a $100/month discount for lawn care and snow removal. This provides immediate income in place, along with future potential as rents are adjusted over time. The lower unit will be vacated shortly; with 2 larger bedrooms, a full laundry, kitchen and living room on the first level, this will be quick and easy to fill!
The property may also be appealing for an owner occupant who wants to live in one unit while using income from the other to help pay the mortgage.
With separate utilities, in-unit laundry for both apartments, a strong walkable location, and practical rental upside, this Decatur St duplex offers the kind of fundamentals investors look for without requiring a purely speculative play. A solid Corning income property with flexibility, existing tenancy, and long-term potential.
Location
State NY
County Steuben
Area Corning-City-460300
Direction Pulteney St to Bridge ST, Right on Ontario, left on Decatur. Home on left before Perry Ave.
Rooms
Basement Full
Interior
Interior Features Ceiling Fan(s)
Heating Gas, Baseboard
Flooring Carpet, Laminate, Varies
Fireplace No
Window Features Thermal Windows
Appliance Gas Water Heater, Water Heater Rented
Laundry Washer Hookup
Exterior
Exterior Feature Deck
Utilities Available Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Roof Type Asphalt,Architectural,Shingle
Porch Covered, Deck, Porch
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Foundation Stone
Sewer Connected
Water Connected, Public
Architectural Style Duplex
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
Middle Schools Corning-Painted Post Middle
High Schools Corning-Painted Post East High
School District Corning-Painted Post
Others
Senior Community No
Tax ID 460300-299-020-0003-002-000
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Standard
Virtual Tour https://view.paradym.com/idx/241-Decatur-Street-Corning-NY-14830/4970875
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