Introducing a triplex in Elmira, NY, it offers an exceptional investment opportunity with steady rental income and significant potential for growth. The property features a classic slate roof and a spacious, flat backyard, making it a hassle-free addition to your portfolio. Currently, the triplex is home to long-term tenants. New hot water heater. Donâ??t miss out on this fantastic opportunity!
Welcome to an exceptional investment opportunity nestled in the heart of Elmira, NY! Presenting a six-unit apartment complex with well-maintained apartments, this property promises immediate returns with fully occupied units and potential for increased rental income. Boasting a prime location within walking distance to an array of shops, dining establishments, and businesses, it offers tenants unparalleled convenience and accessibility. Additionally, being near Elmira College adds to its appeal, attracting students and faculty seeking convenient housing options. Strategically situated near St. Joseph's Hospital and the highway, ensuring easy access to essential amenities and streamlined commutes. Nearby parks provide opportunities for leisure and recreation, enhancing the quality of life for residents. Don't let this opportunity slip through your fingers. Seize the chance to own a carefully maintained property in a thriving community today!
The median home value in Elmira, NY is $56,950. This is lower than the county median home value of $144,700. The national median home value is $338,100. The average price of homes sold in Elmira, NY is $56,950. Approximately 40.6% of Elmira homes are owned, compared to 40.11% rented, while 19.29% are vacant. Elmira real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Elmira real estate agent to arrange a tour today!
Elmira, New York has a population of 26,737. Elmira is less family-centric than the surrounding county with 24.83% of the households containing married families with children. The county average for households married with children is 26.46%.
The median household income in Elmira, New York is $41,675. The median household income for the surrounding county is $58,175 compared to the national median of $69,021. The median age of people living in Elmira is 35.8 years.
The average high temperature in July is 82.3 degrees, with an average low temperature in January of 14 degrees. The average rainfall is approximately 35.2 inches per year, with 40.1 inches of snow per year.