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Triplex with Separate Utility Meters
New
For Sale
$142,500

306 South Ave, Elmira, NY 14904

Separate gas and electric meters serve each apartment.

Property Size2,832 SF
Days on Market3

Property Features for 306 South Ave

General Information

Standard status Active
Size 2,832 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $4,934

Building Details

Building Size 2,832 SF
Year Built 1900
Stories 2
Units 3
Listing Agency: RealtyUSA.com
Listed By: Nicholas Magera · License #10401326121
Source: Elliman
Added: Sep 28 Changed: Sep 29 Last Checked: Sep 29 at 9:10AM

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

Investment Insights

Based on property information with market context.

This three-unit residential property in Elmira has a three-bedroom apartment on the ground floor and two one-bedroom apartments above. The lower-level unit is vacant. Each apartment is equipped with separate gas and electric meters. Exterior features include vinyl siding, replacement windows, a roof installed in 2018, and a gravel driveway with additional parking behind the building.

Key Highlights

  • Three apartments: one three‑bedroom unit and two one‑bedroom units
  • Separate gas and electric meters for each apartment
  • Roof replaced in 2018

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service HVAC Service Auto Parts Store Daycare Center (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

270
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
View Realmo Analytics

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 - Separate gas and electric meters serve each apartment.
Where is this triplex located?
The property is located at 306 South Ave Elmira, NY.
What is the asking price?
The asking price for this property is $142,500.
What are key features of this property?
This property features: Three apartments: one three‑bedroom unit and two one‑bedroom units; Separate gas and electric meters for each apartment; Roof replaced in 2018
More about this property
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