UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,232 sqft
Price per Sqft $34
MLS Listing ID R1721603
Bedrooms 6
Full Baths 2
Construction Status Existing
HOA Y/N No
Year Built 1900
Annual Tax Amount $3,999
Lot Size 5,684 Sqft
Acres 0.1305
Lot Dimensions 51X111
Property Sub-Type Multi Family
Property Description
Don't miss this opportunity to add value to this duplex featuring two 3-bedroom, 1-bath units. The property offers separate utilities, making it attractive for investors and simplifying tenant expenses.
The right-side unit is currently occupied, providing immediate rental income. The second unit is available for renovation, owner occupancy, or leasing at market rates.
While the property does need some TLC and updating, it presents an excellent opportunity to build equity and maximize returns. With spacious floor plans, strong rental demand potential, and room to improve rents, this property could be a great addition to an investment portfolio.
Whether you're a seasoned investor or looking to start your rental portfolio, this duplex offers affordability, income potential, and plenty of upside.
Location
State NY
County Chemung
Area Elmira-City-070400
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Flooring Other, See Remarks
Fireplace No
Appliance Gas Water Heater
Exterior
Utilities Available Sewer Connected, Water Connected
Porch Covered, Porch
Building
Lot Description Rectangular, Rectangular Lot, Residential Lot
Story 2
Sewer Connected
Water Connected, Public
Level or Stories Two
Structure Type Vinyl Siding
Construction Status Existing
Schools
School District Elmira
Others
Senior Community No
Tax ID 070400-099-006-0005-046-000-0000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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