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Fully Occupied Multifamily Property
For Sale
$179,000

708 Linden Pl, Elmira, NY 14901

Separate tenant-paid electric and gas utilities help limit owner-paid operating expenses.

Property Size3,536 SF
Price / SF$50.62
Days on Market27

Property Features for 708 Linden Pl

General Information

Standard status Active
Size 3,536 SF
Property subtype Multi-Family
Occupancy 100%

Additional Details

Gross Income $50,700
Public Transit Yes

Building Details

Year Built 1952
Listing Agency: Keller Williams Realty Southern Tier & Finger Lakes
Listed By: Andrew Mitchell · License #10401383540
Source: Skinnercnyrealty
Added: Aug 6 Changed: Aug 30 Last Checked: Aug 31 at 7:15PM

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 Keller Williams Realty Southern Tier & Finger Lakes

Investment Insights

Based on property information with market context.

This multifamily property at 708 Linden Pl in Elmira, NY 14901 contains 3536 square feet and was built in 1952. The property is fully occupied, with tenants responsible for their own electric and gas service. That utility arrangement places those costs directly with the occupants rather than the owner. The asset is positioned near local amenities and regional transit, providing convenient access to everyday services and transportation connections. Its existing occupancy and rental history support continued operation as a residential income property. The property may also suit investors evaluating a 1031 exchange or seeking to add a multifamily asset to an existing portfolio.

Key Highlights

  • Fully occupied multifamily property
  • 3536 square feet
  • Built in 1952

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Real Estate Agency Bakery (Bike/Boat/Book/etc) Store HVAC Service Barber Shop Tech Support Center

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

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

294
Businesses Nearby

Demographics for 14901, NY

14,893
Population
6,739
Households
2.2
Avg Household Size
38
Median Age
16%
College-Educated
80%
High-School Grad
33.2 sq mi
ZIP Area
449
Density / Sq Mi
$40,524
Median Household Income
$28,369
Median Earnings
$835
Median Rent
$90,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Separate tenant-paid electric and gas utilities help limit owner-paid operating expenses.
Where is this multifamily property located?
The property is located at 708 Linden Pl Elmira, NY.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Fully occupied multifamily property; 3536 square feet; Built in 1952
More about this property
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