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

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.

84 days

244

16

Facts & 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

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