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Duplex with Separate Porches
For Sale
$54,900

415 Balsam St, Elmira, NY 14904

The two vacant residences have distinct bedroom layouts and are ready for updates.

Property Size2,211 SF
Days on Market18

Property Features for 415 Balsam St

General Information

Standard status Active
Size 2,211 SF
Property subtype Multi Family

Property Condition

Severity Repairs Needed
Evidence The property does need TLC

Units

Unit Mix 3BR/1BA, 2BR/1BA + bonus room
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,841

Amenities

porch

Building Details

Building Size 2,211 SF
Year Built 1900
Stories 2
Units 2
Listing Agency: Howard Hanna Corning
Listed By: Jennifer Silata · License #10401284831
Source: Elliman
Added: Oct 19 Changed: Oct 25 Last Checked: Nov 4 at 1:58PM

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

Rey
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Investment Insights

Based on property information with market context.

This two-unit duplex at 415 Balsam St in Elmira has one residence with three bedrooms and one bath, and a second with two bedrooms and one bath. The latter also has a flexible room that may serve as a third bedroom. Each unit has its own porch, and both are vacant. The building dates to 1900 and requires updates.

Key Highlights

  • Two‑unit duplex with both residences vacant
  • One unit has 3 bedrooms and 1 bath; the other has 2 bedrooms and 1 bath
  • Second unit includes a flexible room that may function as a third bedroom

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

302
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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The two vacant residences have distinct bedroom layouts and are ready for updates.
Where is this duplex located?
The property is located at 415 Balsam St Elmira, NY.
What is the asking price?
The asking price for this property is $54,900.
What are key features of this property?
This property features: Two‑unit duplex with both residences vacant; One unit has 3 bedrooms and 1 bath; the other has 2 bedrooms and 1 bath; Second unit includes a flexible room that may function as a third bedroom
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