Fully Occupied Multifamily
514 W Church Elmira, NY 14901
New
For Sale
$240,000
MULTI_FAMILY - Elmira, NY
Property Size3,980 SF
Lot Size0.33 Acres
Price / SF$60.30
Days on Market2
Property Features for 514 W Church
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bedroom 6, Bedroom 7, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 5, Bedroom 2, Bedroom 3, Basement, Bedroom 1, Bathroom 1
- Patio and Porch features
- Porch
- Appliances
- ElectricWaterHeater, GasWaterHeater
- Standard status
- Active
- APN
- 89.18-3-35
- Size
- 3,980 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4004
Utilities
- Heating system
- Electric (Heating), Baseboard
- Water source
- Public
Building Details
- Year built
- 1890
- Floors in Building
- 3
- Number of units
- 3
- Flooring type
- Varies, Hardwood, Carpet, Vinyl
- Building materials
- WoodSiding
Listing Agency:
Signature Properties
(607) 796-9817
Listed By:
Victoria Simmons · License #10401376567
(607) 481-3174
Added: Jul 23
Last Checked: Jul 24 at 12:06AM
MLS# R1700720
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well-maintained triplex at 514 W Church in Elmira, NY is presented for sale as a fully occupied residential income property. The building is currently generating approximately $34,000 in annual rental income with long-term tenants in place.
In addition to the existing units, there is an expansive unfinished top floor that offers the opportunity to create two additional apartment units, subject to municipal approvals. The property sits on a 0.33-acre lot and includes approximately 3,980 square feet of building area.
For investors seeking in-place rental occupancy alongside a supported value-add expansion path, this triplex offers both current income and the possibility of increasing unit count pending required approvals.
In addition to the existing units, there is an expansive unfinished top floor that offers the opportunity to create two additional apartment units, subject to municipal approvals. The property sits on a 0.33-acre lot and includes approximately 3,980 square feet of building area.
For investors seeking in-place rental occupancy alongside a supported value-add expansion path, this triplex offers both current income and the possibility of increasing unit count pending required approvals.
Key Highlights
- Approximately $34,000 in annual rental income with the building fully occupied by long‑term tenants
- Unfinished top floor provides room to create two additional apartment units (subject to municipal approvals)
- 7‑bedroom, 3‑bathroom multi‑family layout plus a basement
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
FAQs
What type of property is this?
Triplex - Fully occupied triplex with long-term tenants and an unfinished top floor offering expansion potential subject to approvals.
Where is this triplex located?
The property is located at 514 W Church Elmira, NY.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Approximately $34,000 in annual rental income with the building fully occupied by long‑term tenants; Unfinished top floor provides room to create two additional apartment units (subject to municipal approvals); 7‑bedroom, 3‑bathroom multi‑family layout plus a basement
