Two-Family Residential Income
For Sale
$64,900
529 Pennsylvania Ave, Elmira, NY 14904
Duplex with both units rented, electric baseboard heat paid by tenants, and a recently replaced roof.
Property Size2,036 SF
Days on Market67
Property Features for 529 Pennsylvania Ave
General Information
Standard status
Active
Size
2,036 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$98,080
Building Details
Building Size
2,036 SF
Year Built
1900
Stories
2
Units
2
Listing Agency:
REP Home Sales & Services
(607) 732-1440
Listed By:
Rickey (Rick) E. Paul · License #10371200236
(607) 732-1440
Source:
Elliman
Added: Jun 23
Changed: Aug 22
Last Checked: Aug 26 at 11:07AM
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 REP Home Sales & Services
Investment Insights
Based on property information with market context.
This is a two-family house with both rental units currently occupied by long-term tenants. Heating is provided via electric baseboard heat, and the tenants are responsible for paying the electricity. The roof was just replaced, and the front right section uses a flat roof design with a pitched raised section that was added for improved water drainage.
The property is located at 529 Pennsylvania Ave in Elmira, NY 14904. A bikeScore of 76 (very bikeable) and a walkScore of 78 (very walkable) are reported for the area. Please note that tours require a strong 48-hour notice request due to the tenants.
For buyers seeking a residential income property with in-place occupancy, this duplex offers an established rental setup where utility responsibility for heat is already handled by the tenants. The recently replaced roof is a key building improvement for prospective owners. Because both units are occupied, advance scheduling and respect for tenant notice requirements will be important when arranging showings.
The property is located at 529 Pennsylvania Ave in Elmira, NY 14904. A bikeScore of 76 (very bikeable) and a walkScore of 78 (very walkable) are reported for the area. Please note that tours require a strong 48-hour notice request due to the tenants.
For buyers seeking a residential income property with in-place occupancy, this duplex offers an established rental setup where utility responsibility for heat is already handled by the tenants. The recently replaced roof is a key building improvement for prospective owners. Because both units are occupied, advance scheduling and respect for tenant notice requirements will be important when arranging showings.
Key Highlights
- 2‑family duplex with both rental units currently rented to long‑term tenants
- Electric baseboard heat in both units; tenants pay the electricity
- Roof was just replaced
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
Explore this area
Business Placement
Demographics for 14904, NY
15,102
Population
7,629
Households
2
Avg Household Size
39
Median Age
17%
College-Educated
88%
High-School Grad
6.4 sq mi
ZIP Area
2,360
Density / Sq Mi
$54,563
Median Household Income
$35,128
Median Earnings
$1,005
Median Rent
$87,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with both units rented, electric baseboard heat paid by tenants, and a recently replaced roof.
Where is this duplex located?
The property is located at 529 Pennsylvania Ave Elmira, NY.
What is the asking price?
The asking price for this property is $64,900.
What are key features of this property?
This property features: 2‑family duplex with both rental units currently rented to long‑term tenants; Electric baseboard heat in both units; tenants pay the electricity; Roof was just replaced
