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Fully Occupied Multifamily Property
For Sale
$179,000

708 Linden Place, Elmira, NY 14901

Residential multi-use zoning and tenant-paid electric and gas utilities support a straightforward operating structure.

Property Size3,536 SF
Days on Market44

Property Features for 708 Linden Place

General Information

Standard status Active
Size 3,536 SF
Property subtype Multi Family Home
Zoning Residential Multi Use
Occupancy 100%

Additional Details

Gross Income $50,700
Public Transit Yes

Taxes and HOA fees

Annual Taxes $4,051

Building Details

Building Size 3,536 SF
Year Built 1952
Stories 3
Units 4
Listing Agency: Keller Williams Realty Southern Tier & Finger Lakes
Listed By: Andrew Mitchell · License #10401383540
Source: Northstarwny
Added: Jun 26 Changed: Aug 7 Last Checked: Aug 8 at 1:10PM

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, built in 1952, is fully occupied and designated for Residential Multi Use zoning. The building offers an established residential income profile with tenants responsible for their own separate electric and gas utilities, limiting the owner’s direct exposure to those operating costs.

Located at 708 Linden Place in Elmira, New York, the property is positioned for continued residential occupancy and includes a documented rental history. Its existing tenant arrangement and utility structure provide a clear operating framework for ownership.

Key Highlights

  • Fully occupied multifamily property
  • Residential Multi Use zoning
  • Built in 1952

Property Analytics

Current Use

1031 exchange properties

Suggested Use

Top Pick Dental Office Auto Parts Store Restaurant HVAC Service Pharmacy Building Supply

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Residential multi-use zoning and tenant-paid electric and gas utilities support a straightforward operating structure.
Where is this multifamily property located?
The property is located at 708 Linden Place 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; Residential Multi Use zoning; Built in 1952
More about this property
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