708 W Water St Elmira, NY 14905

Building Details

Year Built

1890

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

Listing date May 8, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This well-maintained three-unit property presents an excellent investment opportunity. The property features separate utilities for each unit, which simplifies property management. The property is currently occupied by long-term tenants and generates $2,250 per month in rental income. There is strong potential for future rent increases. The property offers immediate cash flow and upside opportunity. The location has a bike score of 76, indicating it is very bikeable, and a walk score of 78, indicating it is very walkable.

Key Highlights

• Immediate cash flow with $2,250 monthly rental income.
• Strong potential for future rent increases.
• Well‑maintained 3‑unit property.

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FAQs

What type of property is this?

Triplex - Three-unit property with separate utilities and immediate cash flow.

Where is this triplex located?

The property is located at 708 W Water St Elmira, NY.

What is the asking price?

The asking price for this property is $190,000.

What are key features of this property?

This property features: Immediate cash flow with $2,250 monthly rental income.; Strong potential for future rent increases.; Well‑maintained 3‑unit property.