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Duplex with Long-Term Tenants
For Sale
$99,000

359 Hoffman Street, Elmira, NY 14905

Both residences offer two-bedroom layouts with one full bathroom and are occupied by established tenants.

Property Size1,669 SF
Days on Market51

Property Features for 359 Hoffman Street

General Information

Standard status Active
Size 1,669 SF
Property subtype Multi Family Home

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,822

Building Details

Building Size 1,669 SF
Year Built 1900
Buildings 1
Stories 2
Units 2
Tenancy Multi
Listing Agency: Howard Hanna Corning
Listed By: Jennifer Silata · License #10401284831
Source: Homeprocny
Added: Jun 25 Changed: Aug 13 Last Checked: Aug 13 at 1:49PM

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 Howard Hanna Corning

Investment Insights

Based on property information with market context.

Built in 1900, this duplex contains two residential units, each arranged with two bedrooms and one full bathroom. The layouts provide practical living areas, and both residences receive natural light. Long-term tenants currently occupy the units.

The property is located at 359 Hoffman Street in Elmira, New York. Its two-unit configuration and established occupancy provide a straightforward residential income property format for review.

Key Highlights

  • Two‑unit duplex built in 1900
  • Each unit includes 2 bedrooms and 1 full bath
  • Both units are occupied by long‑term tenants

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Skin Care Clinic Furniture & Home Goods (Bike/Boat/Book/etc) Store HVAC 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

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

310
Businesses Nearby

Demographics for 14905, NY

8,645
Population
4,303
Households
2
Avg Household Size
43
Median Age
42%
College-Educated
95%
High-School Grad
3.7 sq mi
ZIP Area
2,336
Density / Sq Mi
$85,888
Median Household Income
$44,209
Median Earnings
$1,112
Median Rent
$169,600
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?
Duplex - Both residences offer two-bedroom layouts with one full bathroom and are occupied by established tenants.
Where is this duplex located?
The property is located at 359 Hoffman Street Elmira, NY.
What is the asking price?
The asking price for this property is $99,000.
What are key features of this property?
This property features: Two‑unit duplex built in 1900; Each unit includes 2 bedrooms and 1 full bath; Both units are occupied by long‑term tenants
More about this property
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