Turnkey, High-Yield Cash-Flow Generator in Elmira!
Attention investors looking to maximize net operating income: this fully occupied multi-family property is a premier addition to any portfolio, currently generating a strong gross revenue of $4,225 per month. In an incredible operational advantage, each tenant is fully responsible for their own separate electric and gas utilities, heavily insulating your bottom line from fluctuating energy costs and keeping landlord overhead to a bare minimum. Featuring a stable rental history and a highly convenient location near local amenities and regional transit, this asset represents immediate, optimized yield from day one. Perfect for investors executing a 1031 exchange or looking to scale their presence in the tight Southern Tier rental market with a low-friction, high-performance property. Financials and stable tenant history are available upon request. Schedule your portfolio review today!
48 days
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389
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26
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Zillow last checked:
Listing updated:
Listed by:
Keller Williams Realty Southern Tier & Finger Lakes607-795-2900,
Andrew Mitchell607-481-0780
Source: NYSAMLSs,MLS#: R1692728Originating MLS: Elmira Corning Regional Association Of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4
Heating
Gas, Forced Air
Appliances
Included: Gas Water Heater
Features
Flooring: Carpet, Hardwood, Varies, Vinyl
Basement: Partially Finished
Has fireplace: No
Interior area
Total structure area: 3,536
Total interior livable area: 3,536 sqft
Property
Parking
Parking features: Parking Available
Features
Stories: 3
Lot
Size: 7,200 Square Feet
Dimensions: 50 x 144
Features: Rectangular, Rectangular Lot
Details
Parcel number: 07040008900800020040000000
Zoning description: Residential Multi Use
Special conditions: Standard
Construction
Type & style
Home type: MultiFamily
Property subtype: Multi Family
Materials
Composite Siding, Wood Siding
Foundation: Stone
Roof: Architectural,Shingle
Condition
Resale
Year built: 1952
Utilities & green energy
Sewer: Connected
Water: Connected, Public
Utilities for property: Electricity Connected, Sewer Connected, Water Connected