241 Decatur Street, Corning, NY 14830

New - 19 Hours Ago

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Property Description

A well-kept 2-unit property in a highly convenient Corning location, 241 Decatur St offers practical upside for investors or an owner-occupant looking to offset housing costs with rental income. Priced at $150,000, this property presents an accessible opportunity in a walkable neighborhood close to grocery stores, Market Street, downtown Corning, restaurants, shops, museums, and everyday amenities. 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.

241 Decatur Street | MLS# R1684672

This multi-family property located at 241 Decatur Street, Corning, NY 14830 is currently listed for sale with an asking price of $150,000. Decatur Street is located within the Corning-Painted Post school district. Search Corning real estate on holly-wright.timberlandproperties.com today.

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Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Baseboard
Home Style: Duplex
Lot Size: 0.17 Acres
Roof Type: Asphalt, Architectural, Shingle
Stories: 2.0
Taxes: $4,898
Year Built: 1897

Amenities

Ceiling Fan(s)
Deck

Feature Descriptions

Appliances: Gas Water Heater, Water Heater Rented
Exterior: Vinyl Siding
Flooring: Carpet, Laminate, Varies
Laundry: Washer Hookup
Lot: Rectangular, Rectangular Lot, Residential Lot
Lot Dimensions: 50X150
Parcel#: 460300-299-020-0003-002-000
Parking: Gravel, Parking Available, Two or More Spaces
Parking Notes: Gravel, Parking Available, Two or More Spaces
Patio/Porch: Covered, Deck, Porch
Sewer: Connected
Units: 2
Utilities: Cable Available, Electricity Connected, High Speed Internet Available, Sewer Connected, Water Connected
Water: Connected, Public
Window: Thermal Windows

Local Schools

High School: Corning-Painted Post East High
Middle School: Corning-Painted Post Middle
School District: Corning-Painted Post

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Estimated Payment

$ 785.75 per month $333.83 Principal & Interest $408.17 Property Tax $43.75 Homeowner's Insurance

Change Payment Information

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yearly (est.)
(Payments are an estimate and may vary by lender)

Demographics

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty Southern Tier & Finger Lakes
Agency Phone: (607) 795-2900

Shown By

Agent Name: Holly M. Wright
Agent Phone: (607) 316-6895
Agency Title: Timberland Properties

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