Three-Unit Residential Income
For Sale
$69,000
Pending
361 Fulton St, Elmira, NY 14904
Three fully rented units with separate utilities and major 2021–2023 systems updates.
Property SizeContact for details
Days on Market52
Property Features for 361 Fulton St
General Information
Standard status
Pending
Property subtype
Multi Family
Occupancy
100%
Additional Details
Multifamily Units
3
Building Details
Year Built
1900
Tenancy
Multi
Listing Agency:
RealtyUSA.com
(607) 846-0664
Listed By:
Morgan Leach · License #10401364003
(607) 846-0664
Source:
Elliman
Added: Jun 16
Changed: Jul 10
Last Checked: Aug 5 at 8:24AM
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 income property is configured for independent living, with separate utilities for each unit. The building is being offered as fully rented, supporting immediate occupancy rather than renovation-first leasing. Notable improvements include a replacement furnace and a hot water heater, along with a sewer line replacement in 2021. Additional updates include a partial roof replacement in 2023, as well as an updated electrical system with a fully wired and illuminated basement. A new front porch has also been added.
The property is located at 361 Fulton St in Elmira, New York. With all three units currently leased, the building is positioned for an owner who wants rental income while retaining the option to live in one unit and rent the others.
For investors, this layout and history of system upgrades can reduce near-term work compared with a property requiring immediate major replacements. For owner-occupants, the three-unit structure offers the flexibility to occupy one unit and collect rent from the remaining two, supported by the building’s separate utility setup and the existing tenant occupancy.
The property is located at 361 Fulton St in Elmira, New York. With all three units currently leased, the building is positioned for an owner who wants rental income while retaining the option to live in one unit and rent the others.
For investors, this layout and history of system upgrades can reduce near-term work compared with a property requiring immediate major replacements. For owner-occupants, the three-unit structure offers the flexibility to occupy one unit and collect rent from the remaining two, supported by the building’s separate utility setup and the existing tenant occupancy.
Key Highlights
- 3‑unit multi‑family property with all units fully rented
- Separate utilities by unit
- Major systems updates: furnace, 1 hot water heater, and sewer line replaced in 2021
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
766
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three fully rented units with separate utilities and major 2021–2023 systems updates.
Where is this triplex located?
The property is located at 361 Fulton St Elmira, NY.
What is the asking price?
The asking price for this property is $69,000.
What are key features of this property?
This property features: 3‑unit multi‑family property with all units fully rented; Separate utilities by unit; Major systems updates: furnace, 1 hot water heater, and sewer line replaced in 2021
