West Elmira Eight-Unit Apartment
For Sale
$575,000
Pending
919-921 W 1st St, Elmira, NY 14905
Eight-unit apartment complex in West Elmira, excellent investment opportunity.
Property Size3,960 SF
Days on Market136
Property Features for 919-921 W 1st St
General Information
Standard status
Pending
Size
3,960 SF
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$16,888
Building Details
Building Size
3,960 SF
Year Built
1988
Stories
2
Units
8
Listing Agency:
RealtyUSA.com
(607) 738-8900
Listed By:
Arthur D. Ambrose · License #30AM1081022
(607) 738-8900
Source:
Elliman
Added: Apr 15
Changed: Aug 8
Last Checked: Jul 31 at 11:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RealtyUSA.com
Investment Insights
Based on property information with market context.
Located in West Elmira, this apartment complex features two buildings, each containing four identical units, along with an 8-bay carport. Each apartment includes a living room, a dining area with sliding doors leading to a side patio, two bedrooms, a laundry/storage room, and a full bathroom equipped with a tub, separate shower, and linen closet. The lower units are rented for $950 per month, while the upper units are rented for $925 per month. Tenants are responsible for all utilities. The landlord covers taxes, insurance, lawn maintenance, snow removal, exterior repairs, and general upkeep. The property experiences very little turnover and is consistently rented, presenting an excellent investment opportunity. The bike score is 76, indicating it is very bikeable, and the walk score is 78, indicating it is very walkable.
Key Highlights
- Eight‑unit apartment complex in West Elmira with consistent rental income.
- Low turnover rate and consistently rented units.
- Tenants pay all utilities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
186
Businesses Nearby
Explore this area
Business Placement
Demographics for 14905, NY
8,645
Population
4,303
Households
2
Avg Household Size
43
Median Age
42%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
2,336
Density / Sq Mi
$85,888
Median Household Income
$44,209
Median Earnings
$1,112
Median Rent
$169,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit apartment complex in West Elmira, excellent investment opportunity.
Where is this apartment building located?
The property is located at 919-921 W 1st St Elmira, NY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Eight‑unit apartment complex in West Elmira with consistent rental income.; Low turnover rate and consistently rented units.; Tenants pay all utilities.
