Building Details

Building Size 2,449 SF

Year Built 1900

Stories 2

Units 3

Listing Agency: Howard Hanna Elmira k***@howardhanna.com Show Phone

Listed By: Keith C. Gustin · License #40GU1174840 Show Phone

Source: Wcirealty

Added: Apr 23 Changed: Aug 12 Last Checked: Aug 13 at 12:18PM

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Investment Insights

Based on property information with market context.

This three-unit apartment property includes two one-bedroom apartments and one two-bedroom apartment. The building dates to 1900 and has a newer roof. Interior condition is described as nice, while the exterior requires some work.

The property is located at 273 W Chemung Place in Elmira, New York 14904.

Key Highlights

• Three apartment units with two one‑bedroom apartments and one two‑bedroom apartment
• Newer roof
• Built in 1900

Property Analytics

Property Profile

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Electrical Service Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3

Residential units

Location Intelligence

Trade Area within ½ mile

1,058

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

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Triplex - Unit mix includes two one-bedroom apartments and one two-bedroom apartment.

Where is this triplex located?

The property is located at 273 W Chemung Place 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 apartment units with two one‑bedroom apartments and one two‑bedroom apartment; Newer roof; Built in 1900