216 Elm Street

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 216 Elm St, Rome, NY 13440, USA
New York & Tri-State + 2-4 Units
Created date: October 17, 2026
Date last updated: October 17, 2026
Price: $215,000Investment Analyzer NEW!

Property Description

SPACE, FLEXIBILITY & INCOME POTENTIAL! Offering over 2,800 sq ft of living space, this spacious Rome home provides a unique opportunity for anyone looking for one BIG home with an in law setup, along with the potential for future conversion to a 2 UNIT property! The main portion of the home offers 4 bedrooms, a full bath, a dedicated first floor laundry room and plenty of room to spread out, while the in law apartment features its own bedroom, full bath, living area and kitchenette. With the living spaces already established and the utilities completely separated between the main home and in law apartment, much of the hard work and infrastructure is already in place for someone looking to explore a future 2 unit conversion, subject to any necessary municipal approvals. Live in the main home and potentially collect rent from the additional apartment, create a private space for guests, or simply take advantage of the extra living space yourself! Numerous updates have already been completed throughout the property, including an updated kitchen with newer cabinetry, countertops and appliances, along with updated flooring, lighting, paint, plumbing, electrical components and more. And the income potential doesn't stop there! The property also features an impressive 10 GARAGE SPACES, providing an incredible amount of room for vehicles, boats, recreational toys, workshop space or storage, with the potential to rent individual garage spaces for additional income. Situated on a large double lot with a fenced in area and conveniently located near Downtown Rome with easy access to area amenities! Whether you're looking for space, a flexible living arrangement or a property with multiple potential income streams, this one offers possibilities you simply don't find every day!

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $215,000
No. of Units: 2
Year Built: 1850
Lot Size: 2,815.00 Sq ft
Opportunity Zone: No
Price per unit: $107,500
Property Website Click Here
Number of Bedrooms: 5
Number of Bathrooms: 2
Address: 216 Elm Street, Rome, NY 13440, USA
Provided by:

Investment Analyzer

Step 1Financing Calculation

$
$
%
$
%
$
$

Step 2Gross Rent Analysis

Please enter annual amounts.

$
$
%
$
%
$
%
$
%
$
%
$
%
$
%
$
$

Step 3Final Deal Analysis

$
$
%
%
$
$

Similar Properties in the Area

1505 Combs Road

Ovid, New York
New York & Tri-State + 2-4 Units
Units: 2
Price: $1,130,000

190 E Ridge Rd

Rochester, New York
New York & Tri-State + 2-4 Units
Units: 2
Price: $114,999

361 Fulton Street

Elmira, New York
New York & Tri-State + 2-4 Units
Units: 3
Price: $80,000

Brokers

View All

Lenders

View All