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406 Dewitt Avenue Elmira, NY 14901

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For Sale
$159,900

MULTI_FAMILY - Elmira, NY

Property size:
2,452 SF
Lot size:
0.11 Acres
Added:
Feb 23, 2026
Days on Market:
37
Last Refresh:
Apr 1 at 12:06 pm

Property Features for 406 Dewitt Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 4, Bedroom 3, Basement, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 4
Appliances
GasWaterHeater
Standard status
Active
APN
070400-089-016-0001-032-000-0000
Size
2,452 SF
Lot size
0.11 Acres

Taxes and HOA fees

TaxAnnualAmount
2339

Utilities

Heating system
Natural Gas, Forced Air
Water source
Public

Building Details

Year built
1910
Floors in Building
2
Number of units
4
Flooring type
Vinyl
Building materials
CompositeSiding

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Listing Contact
Nicholas Magera

Listing agent Nicholas Magera License #10401326121

Listing office Howard Hanna Horseheads 2783 WESTINGHOUSE RD, Corning, NY

Listing date Feb 23, 2026

MLS# R1663513

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Property in Elmira, NY

Located in Elmira, NY, this mixed-use property features three residential apartments and one commercial space. The building has been updated with modern flooring and refreshed interiors. The residential units include one 1-bedroom apartment renting for $900 per month (utilities included except garbage), one 2-bedroom/1-bath apartment renting for $1,200 per month (utilities included except garbage), and one 2-bedroom/1-bath apartment renting for $900 per month plus gas and garbage. One unit features a tiled shower and updated bathroom finishes. All residential tenants are on month-to-month leases. The commercial space, previously rented for $800 per month (utilities included except garbage) and currently used for storage, offers immediate upside potential through lease-up. The property is situated on a lot of approximately 0.1079 acres. The building has a total area of 2452 square feet. The property offers a mix of residential stability and commercial income potential, with updated interiors and minimal deferred maintenance. It presents an opportunity to increase cash flow through lease-up of the commercial space and optimization of rents. The building is being sold as-is.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Elmira
County
Chemung
State
New York
Longitude
-76.799668
Latitude
42.094404

FAQs

What type of property is this?
Mixed-use property - Well-maintained 4-unit property with residential and commercial spaces.
Where is this mixed-use property located?
The property is located at 406 Dewitt Avenue Elmira, NY.
What is the asking price?
The asking price for this property is $159,900.
What are key features of this property?
This property features: Potential for $3,800/month gross rents with lease‑up of vacant commercial space.; Updated interiors and well‑maintained units minimize deferred maintenance.; Mixed‑use property with three residential apartments and one commercial space provides income diversification.
More about this property
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