Standardized Operating Procedure of Purchase

Calling all visionaries and seasoned renovators! This unique two-unit property, perched at the very end of East 4th Street, offers an incredible value-add opportunity in one of Corning’s most desirable residential pockets. Situated on the Southside hill, this investment is a true “blank canvas” project requiring significant work but promising substantial rewards. The lower unit has been almost completely gutted, providing a rare chance to design a modern layout from the studs up. Whether you envision a high-end luxury rental or a sleek owner-occupied suite, the potential here is limited only by your imagination.

The upper unit is impressively spacious, boasting a massive four-bedroom layout plus an additional bonus room perfect for a dedicated home office or fifth bedroom. With two full bathrooms and a large eat-in kitchen, this unit offers the kind of square footage rarely found in multi-family conversions. The property also includes essential off-street parking, a premium feature for the hill. For investors looking to scale quickly, this property can be packaged and purchased alongside the neighboring 264 E 4th Street, allowing you to command a significant footprint at the end of this secluded street. Bring your contractor and your tape measure—this is the Southside project you’ve been waiting for.