Listing by: NYS ALLIANCE / Listed By: Renowned Realty,llc.
301 Grove Street Elmira City, NY 14905
Active (2 Days)
$89,900 (USD)
Description
MLS #:
R1719734
R1719734
Taxes
$6,458
$6,458
Lot Size
0.49 acres
0.49 acres
Type
Multifamily
Multifamily
Year Built
1975
1975
School District
Elmira
Elmira
County
Chemung County
Chemung County
Listed By
Craig J. Stull, Renowned Realty,llc.
Source
NYS ALLIANCE
Last checked Oct 6 2026 at 9:06 AM GMT+0000
NYS ALLIANCE
Last checked Oct 6 2026 at 9:06 AM GMT+0000
Bathroom Details
Interior Features
- Gas Water Heater
- Attic
Lot Information
- Corner Lot
- Rectangular
- Rectangular Lot
Property Features
- Fireplace: 0
Heating and Cooling
- Gas
- Other
- See Remarks
Basement Information
- Dirt Floor
Flooring
- Varies
- Hardwood
Utility Information
- Utilities: Water Source: Public, Water Connected, Sewer Connected, Water Source: Connected
- Sewer: Connected
Parking
- Two or More Spaces
- Paved
- Parking Available
Stories
- 3
Living Area
- 8,152 sqft
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by CENTURY 21 Real Estate LLC and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2026 New York State Alliance. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 10/6/26 02:06
Investors, developers, and visionaries—this is the opportunity you’ve been waiting for!
Formerly operated as an assisted living/adult home, 301 Grove offers an enormous amount of space and virtually unlimited redevelopment potential. The property has the size, layout, and location to accommodate a variety of investment concepts, with the potential for 20+ residential units depending on the final design.
Located just minutes from Elmira College, the property is ideally positioned for an investor looking to capitalize on the demand for housing in a convenient location. 8,152 square feet of building area, with the property historically operating as an adult/assisted-living facility.
This is not a turnkey property. The building requires extensive renovation and will be best suited for an investor, contractor, or developer who can see beyond its current condition and is willing to put in the work. With the right vision and a substantial amount of sweat equity, the possibilities are extensive.
Potential uses may include:
* Conversion to multiple residential apartments
* Student housing
* Multifamily redevelopment
* Senior or supportive housing
* Other residential concepts
* Owner-occupied/investor combination projects
The existing configuration offers a substantial amount of space to work with, and the bedroom and bathroom counts should be considered approximate and subject to buyer verification.
If you’re looking for a large-scale value-add project where you can create significant value through renovation and redevelopment, 301 Grove Street deserves a serious look.
Bring your contractor, architect, and imagination. The opportunity is here—the next chapter is up to you.
Property is being sold in its present condition. Buyer to conduct their own due diligence regarding zoning, permitted uses, building requirements, utilities, unit count, square footage, and all necessary approvals.