1103 College Ave Elmira, NY 14901

Building Details

Year Built

1929

Listing office Keller Williams Realty Southern Tier & Finger Lakes m***@kw.com Show Phone

Listing date Sep 27, 2025

Source Xome

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Investment Insights

Based on property information with market context.

This duplex presents an opportunity for immediate income and long-term growth in a desirable rental area of Elmira. One unit is currently rented month-to-month for $950, providing immediate cash flow. The second unit has been finalized, offering flexibility for owner-occupancy or leasing at market rates of $1,200–$1,400, potentially increasing gross rental income. The property's location is near LECOM Medical School and Arnot Ogden Medical Center, ensuring a consistent tenant pool of medical students, residents, and healthcare professionals. This proximity supports rental stability and premium rates compared to other Elmira neighborhoods. With projected gross rents of $2,150–$2,350 per month, investors can achieve attractive returns from a cash-flowing property. The duplex features updated finishes, spacious layouts, and a professional presentation. This property is suitable for a turnkey addition to a portfolio or an owner-occupant strategy with rental support. The property size is 2720 square feet.

Key Highlights

• Prime location near LECOM Medical School and Arnot Ogden Medical Center.
• Immediate income from one unit currently rented at $950 per month.
• Second unit offers flexibility for owner‑occupancy or leasing, increasing gross rental income potential.

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FAQs

What type of property is this?

Duplex - Duplex near LECOM & Arnot Ogden, income potential.

Where is this duplex located?

The property is located at 1103 College Ave Elmira, NY.

What is the asking price?

The asking price for this property is $189,999.

What are key features of this property?

This property features: Prime location near LECOM Medical School and Arnot Ogden Medical Center.; Immediate income from one unit currently rented at $950 per month.; Second unit offers flexibility for owner‑occupancy or leasing, increasing gross rental income potential.