Four-Unit Residential Income
For Sale
$120,000
Pending
319 Sylvester Pl, Elmira, NY 14904
Spacious four-unit building with enclosed porches and separate utilities per unit for straightforward rental management.
Property SizeContact for details
Days on Market51
Property Features for 319 Sylvester Pl
General Information
Standard status
Pending
Property subtype
Multi Family
Occupancy
100%
Additional Details
Business Included
Yes
Multifamily Units
4
Building Details
Year Built
1962
Tenancy
Multi
Listing Agency:
RealtyUSA.com
(607) 331-1256
Listed By:
Jennifer Silata · License #10401284831
(607) 331-1256
Source:
Elliman
Added: Jun 17
Changed: Jul 10
Last Checked: Aug 5 at 10:42AM
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 four-unit residential income property offers two upper units and two lower units, with each unit configured with two bedrooms and one full bath. The building includes enclosed porches on the upper units, adding usable enclosed outdoor space. Separate gas and electric utilities are provided for each unit, supporting individual tenant utility responsibility and simplifying operations for an owner. All units are fully occupied, providing immediate in-place rental income.
The property is offered for sale at 319 Sylvester Pl. An adjoining lot at 754 Maple Ave is included with the sale, which may provide additional yard space and parking flexibility, and also offers space that could be considered for future development or expansion. Walkability is described as car-dependent based on available walk score information.
For buyers and investors seeking a larger, multi-unit residential asset, the unit mix and utilities setup are practical for day-to-day management. The included adjoining lot adds an extra dimension for buyers evaluating exterior space, parking options, or potential future uses, while the enclosed porches on the upper units are a tangible feature that can enhance tenant appeal.
The property is offered for sale at 319 Sylvester Pl. An adjoining lot at 754 Maple Ave is included with the sale, which may provide additional yard space and parking flexibility, and also offers space that could be considered for future development or expansion. Walkability is described as car-dependent based on available walk score information.
For buyers and investors seeking a larger, multi-unit residential asset, the unit mix and utilities setup are practical for day-to-day management. The included adjoining lot adds an extra dimension for buyers evaluating exterior space, parking options, or potential future uses, while the enclosed porches on the upper units are a tangible feature that can enhance tenant appeal.
Key Highlights
- Four‑unit investment building built in 1962, with 2 upper units and 2 lower units
- Each unit has 2 bedrooms and 1 full bath
- All units are fully occupied, providing immediate rental income
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
188
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Spacious four-unit building with enclosed porches and separate utilities per unit for straightforward rental management.
Where is this quadplex located?
The property is located at 319 Sylvester Pl Elmira, NY.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: Four‑unit investment building built in 1962, with 2 upper units and 2 lower units; Each unit has 2 bedrooms and 1 full bath; All units are fully occupied, providing immediate rental income
