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    511 Pennsylvania Ave Elmira, NY 14904

    Pending
    For Sale
    $93,500

    MULTI_FAMILY - Other - Elmira, NY

    Property size:
    2,955 SF
    Lot size:
    0.21 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 511 Pennsylvania Ave

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Rooms
    Bathroom 3, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2, Basement, Bathroom 2
    Bedrooms
    6
    Bathrooms
    3
    APN
    070400-099-011-0010-040-000-0000
    Parking features
    On Street
    Appliances
    GasWaterHeater
    Size
    2,955 SF
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Natural Gas, Forced Air
    Water source
    Public

    Building Details

    Year built
    1880
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Varies, Hardwood, Laminate, Carpet
    Building materials
    AtticCrawlHatchwaysInsulated, VinylSiding
    Roof type
    Shingle
    Architectural style
    Other

    RealtyUSA.com (607) 287-8439 [email protected]

    Listing agent Graydon D. Locey (607) 739-1444 License #10301223599

    Listing date Aug 27, 2025

    Copyright © 2025 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

    Elmira Duplex with Income Potential

    This two-unit property is located in a convenient area on the Southside of Elmira. The property was most recently used as an owner-occupied residence. One unit features 4 bedrooms and 1.5 bathrooms, with access to a full basement and a walk-up attic. The other unit was recently used as a 2-bedroom apartment with walk-through access. The building includes multiple furnaces, electric meters, and gas meters. Each unit has its own front porch. The property also features a large backyard with a shed and off-street parking. Situated on a 0.2066-acre lot, the building has a total area of 2955 square feet. This property presents an opportunity for continued owner-occupancy or as an addition to a rental portfolio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Elmira
    County
    Chemung
    State
    New York
    Longitude
    -76.803231
    Latitude
    42.076755

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    FAQs

    What type of property is this?
    Duplex - Two-unit property in Elmira, suitable for owner-occupancy or rental portfolio.
    Where is this duplex located?
    The property is located at 511 Pennsylvania Ave Elmira, NY.
    What is the asking price?
    The asking price for this property is $93,500.
    What are key features of this property?
    This property features: - Two-unit property, perfect for owner-occupancy or rental income.; - Left unit boasts 4 bedrooms, 1.5 baths, basement access, and walk-up attic.; - Separate utilities for each unit (furnaces, electric meters, gas meters).
    (607) 739-1444
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    511 Pennsylvania Ave Elmira, NY 14904
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