450 Riverside Ave Elmira, NY 14904

Building Details

Year Built

1949

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

Listing date Jun 1, 2026

Source Elliman

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Investment Insights

Based on property information with market context.

This for-sale multi-family property is a fully occupied 5-unit apartment building on a corner lot. Each of the units is leased on a month-to-month basis, providing flexibility for management decisions going forward. The building also includes a coin-operated laundry area on the first floor, which can support additional on-site revenue alongside residential rents.

Located at 450 Riverside Ave in Elmira, New York, the property’s corner-lot positioning contributes to its overall presence. With all units currently occupied, the building presents a straightforward ownership path for a buyer seeking an income-producing apartment asset with existing in-place tenancy.

For tenant and operator fit, the combination of month-to-month leasing and an on-site laundry amenity can appeal to residents who want convenience without fixed lease timing. For buyers, the fully occupied status reduces near-term leasing downtime, while the month-to-month structure may simplify future rent and resident-management adjustments. The property is offered as a turnkey multi-family investment with ongoing resident occupancy and a functional building amenity already in place.

Key Highlights

• Fully occupied 5‑unit multi‑family building
• Coin‑operated laundry area on the first floor
• All tenants on month‑to‑month leases, providing flexibility for future adjustments

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FAQs

What type of property is this?

Apartment building - Fully occupied 5-unit building with coin-operated laundry and month-to-month leases in Elmira.

Where is this apartment building located?

The property is located at 450 Riverside Ave Elmira, NY.

What is the asking price?

The asking price for this property is $150,000.

What are key features of this property?

This property features: Fully occupied 5‑unit multi‑family building; Coin‑operated laundry area on the first floor; All tenants on month‑to‑month leases, providing flexibility for future adjustments