c.1890 Four Bedroom New York Victorian-Era Home For Sale Under $100K

362 Euclid Ave, Elmira, NY 14905  $99,500

If interested in a property, please contact the realtor whose link is provided in the post below, or contact an agent of your own choosing. Independent verification of details and status is recommended. 

Contact Realtor: Alicia Wahl

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Pros

1. Affordable Living

• Total cost of living is about 22–22% below the U.S. average and 36% below the New York state average

• Median home values hover around $95K (≈ 72% cheaper than the national average) and rent is about $950/month .

2. Rich Cultural and Outdoor Amenities

• Over 20 public parks, including Eldridge Park (carousel, mini-golf, ponds) and Millers Pond Park

• Cultural attractions include the Arnot Art Museum, Clemens Center for arts, Chemung Valley History Museum, and the nearby Mark Twain Study

• Nestled in the Finger Lakes region with easy access to hiking, fishing, skiing, wineries, and biking

3. Compact, Engaged Community

• Downtown Elmira is undergoing revitalization, with new businesses and events like “Alive After Five,” “Taste of Downtown,” and seasonal festivals

• Live music, farmers markets, and a walkable downtown foster community feel

4. Decent Healthcare

• Elmira has significant medical facilities—including hospitals and clinics—and is close to larger hospitals in Binghamton or Syracuse

5. Family-Friendly Environment

• Schools have decent ratings (Elmira High School earns a B, district around C+)

• Community-oriented with libraries offering programs and tram/bus transit (C‑Tran) .

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⚠️ Cons

1. Economic Struggles

• Poverty rate nearly 25%, and median household income ~ $36–42K—significantly lower than the U.S. average (~$70K) .

• Unemployment around 8.9%, nearly double the national average

• Job market is narrow and often lower-paying

2. Crime Concerns

• Elmira’s crime rates are higher than 89% of similar-sized cities in New York, with violent crime around 1 in 270 chances and property crime at 17 per 1,000

• Some data sources suggest safety is in line with other small U.S. cities, though neighborhood-level variation may exist .

3. Amenities & Public Transit

• While downtown has improved, many amenities (shops, restaurants, entertainment) are spread out or limited, requiring driving .

• C‑Tran service is available but modest; most residents rely on cars

4. Demographic & Climate Challenges

• Population has declined (~26K in 2020, down 7% since 2010)

• Winters can be long, cold, and snowy—common in the Finger Lakes

5. Healthcare/Grocery Costs

• Grocery bills are ~3% above national average.

• Utilities cost about $200/month—higher than the national average due to seasonal extremes

• Property tax effective rate (~1.74%) takes a bigger bite when incomes are low

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This was the home of Solomon Horwitz. Solomon was a Russian immigrant and a naturalized US citizen who owned a paper supplies company. He lived in the home with his wife, Lena (also from Russia), and children, David, Alexander, Harold, Gerald, Helen, Samuel and Leon. The family owned the home from the 1920s to the 1940s.

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