Rare opportunity to invest in a stable, income-generating 17-unit mixed-use property on Elmira’s high-visibility East Market Street, featuring 15 residential apartments and 2 commercial spaces. The unit mix includes 4 one-bedroom, 9 two-bedroom, and 2 three-bedroom apartments; gas utilities are tenant-paid. The property also offers 6 secure basement storage units (four 15×20 ft and two 10×10 ft) that can generate additional income. Prime East Market Street location with included off-street parking at 154 & 158 Fox Street, and an 8.2% cap rate.
Property is three parcels, Tax Map ID # for 154 Fox St: 89.20-2-58, Tax Map ID # for 158 Fox St: 89.20-2-59, taxes are included for all three.