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    Elmira Triplex: Investment Opportunity Title is generated by Realmo AI

    708 W Water Street, Elmira, NY 14905

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    Claim this Listing
    For Sale
    Under Contract
    $190,000

    MULTI_FAMILY - Other - Elmira, NY

    Property size:
    2,883 SF
    Lot size:
    0.25 Acres
    Price / SF:
    $65/SF
    Added:
    Apr 30, 2026
    Days on Market:
    51
    Last Refresh:
    Jun 19 at 2:06 am

    Property Features for 708 W Water Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    3
    Rooms
    Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 4, Bedroom 2
    Fireplace
    1
    Appliances
    ElectricWaterHeater
    Standard status
    Active Under Contract
    APN
    070400-099-005-0003-032-000-0000
    Size
    2,883 SF
    Lot size
    0.25 Acres

    Taxes and HOA fees

    Tax Annual Amount
    4970

    Utilities

    Heating system
    Forced Air, Baseboard, Electric (Heating), Natural Gas
    Water source
    Public

    Building Details

    Year built
    1890
    Floors in Building
    2
    Number of units
    3
    Flooring type
    Hardwood, Tile, Varies
    Building materials
    WoodSiding
    Architectural style
    Other

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    Listing Contact
    Andrew Hughes

    Listing agent Andrew Hughes License #10401336330

    Listing office Keller Williams Realty Southern Tier & Finger Lakes 21 E MARKET ST, SUITE 101, Elmira, NY

    Listing date Apr 30, 2026

    MLS# R1677995 Listing URL

    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.

    HighLights

    • 3‑unit property with long‑term tenants currently generating $2,250 per month in rental income
    • All separate utilities, supporting simpler individual‑unit management
    • Built in 1890 with wood siding exterior
    • Heating includes forced air, baseboard, electric heating, and natural gas
    • Fireplace included
    • Public water source; flooring includes hardwood, tile, and varied flooring

    Overview

    This well-maintained 3-unit multifamily property in Elmira, NY, presents an excellent investment opportunity. The property features separate utilities for each unit, simplifying management. Currently, long-term tenants occupy the property, generating $2,250 per month in rental income. The property, situated on a 0.2532-acre lot, offers immediate cash flow and potential for future rent increases. The building has 2,883 square feet of space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elmira
    County
    Chemung
    State
    New York
    Longitude
    -76.8226
    Latitude
    42.08366

    FAQs

    What type of property is this?
    Triplex - Well-maintained triplex in Elmira, NY with strong income potential.
    Where is this triplex located?
    The property is located at 708 W Water Street Elmira, NY.
    What is the asking price?
    The asking price for this property is $190,000.
    What are key features of this property?
    This property features: 3‑unit property with long‑term tenants currently generating $2,250 per month in rental income; All separate utilities, supporting simpler individual‑unit management; Built in 1890 with wood siding exterior
    More about this property
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