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Elmira Multifamily Investment Opportunity
For Sale
$54,000
Pending

273 W Chemung Pl, Elmira, NY 14904

Three-unit multifamily property in Elmira, New York.

Property Size2,449 SF
Days on Market194

Property Features for 273 W Chemung Pl

General Information

Standard status Pending
Size 2,449 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $4,506

Building Details

Building Size 2,449 SF
Year Built 1900
Stories 2
Units 3
Listing Agency: RealtyUSA.com
Listed By: Keith C. Gustin · License #40GU1174840
Source: Elliman
Added: Apr 26 Changed: Nov 3 Last Checked: Nov 4 at 11:36AM

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

Rey
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Investment Insights

Based on property information with market context.

This property presents an opportunity for investors, featuring a total of three units. The unit mix includes two one-bedroom apartments and one two-bedroom apartment. The property has a newer roof. While the exterior requires some attention, the interior is in good condition. The location is considered very bikeable with a score of 76 and very walkable with a score of 78.

Key Highlights

  • Three Units: Featuring two 1‑bedroom and one 2‑bedroom apartment, offering immediate rental income.
  • Priced to Sell: Don't miss this opportunity for profit.
  • Newer Roof: Reduces maintenance concerns.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

1,058
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three-unit multifamily property in Elmira, New York.
Where is this multifamily property located?
The property is located at 273 W Chemung Pl Elmira, NY.
What is the asking price?
The asking price for this property is $54,000.
What are key features of this property?
This property features: Three Units: Featuring two 1‑bedroom and one 2‑bedroom apartment, offering immediate rental income.; Priced to Sell: Don't miss this opportunity for profit.; Newer Roof: Reduces maintenance concerns.
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