Excellent investment opportunity with strong rental history and immediate cash flow potential. This fully occupied 5-unit property sits on a desirable corner lot and features long-term tenants, all currently on month-to-month leases, offering flexibility for future rent adjustments or management strategies. The building includes a convenient coin-operated laundry area on the first floor, providing additional income potential. With consistent occupancy, this property is ideal for investors looking to expand their portfolio with a turnkey multi-family asset offering steady income and upside potential. Don’t miss this rare opportunity to own a solid income-producing property.
Active
Price cut: $25K (7/10)
$125,000
450 Riverside Ave, Elmira, NY 14904
6beds
4,769sqft
Multi Family
Built in 1949
-- sqft lot
$-- Zestimate®
$26/sqft
$-- HOA
What's special
Corner lot
- 130 days
- 149
- 12
Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty Southern Tier & Finger Lakes 607-795-2900,
Kelly N. Squires 607-215-9395
Source: NYSAMLSs,MLS#: R1685020
Originating MLS: Elmira Corning Regional Association Of REALTORS
Originating MLS: Elmira Corning Regional Association Of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Gas, Forced Air
Appliances
- Included: Gas Water Heater
Features
- Flooring: Hardwood, Laminate, Varies
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 4,769
- Total interior livable area: 4,769 sqft
Property
Parking
- Parking features: Two or More Spaces
Features
- Levels: Two
- Stories: 2
Lot
- Size: 6,250 Square Feet
- Dimensions: 50 x 125
- Features: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot
Details
- Parcel number: 07040009900800060110000000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Siding
Condition
- Resale
- Year built: 1949
Utilities & green energy
- Sewer: Connected
- Water: Connected, Public
- Utilities for property: Sewer Connected, Water Connected
Community & HOA
Location
- Region: Elmira
Financial & listing details
- Price per square foot: $26/sqft
- Tax assessed value: $47,000
- Annual tax amount: $89,097
- Date on market: 5/27/2026
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/10/2026 | Price change | $125,000-16.7%$26/sqft |
Source:  NYSAMLSs #R1685020 Report a problem | ||
| 5/27/2026 | Listed for sale | $150,000$31/sqft |
Source: NYSAMLSs #R1685020 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Climate risks
Neighborhood: 14904
Nearby schools
Schools provided by the listing agent
- District: Elmira
Source: NYSAMLSs. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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