Turnkey, High-Yield Cash-Flow Generator in Elmira!
Attention investors looking to maximize net operating income: this fully occupied multi-family property is a premier addition to any portfolio, currently generating a strong gross revenue of $4,225 per month. In an incredible operational advantage, each tenant is fully responsible for their own separate electric and gas utilities, heavily insulating your bottom line from fluctuating energy costs and keeping landlord overhead to a bare minimum. Featuring a stable rental history and a highly convenient location near local amenities and regional transit, this asset represents immediate, optimized yield from day one. Perfect for investors executing a 1031 exchange or looking to scale their presence in the tight Southern Tier rental market with a low-friction, high-performance property. Financials and stable tenant history are available upon request. Schedule your portfolio review today!
3,536 Sq Ft
7,200 Sq Ft Lot Size
multi family
$338 Monthly Tax
Built in 1952
MLS/Listing ID R1692728
3 Stories
4 Units
Shingle
Community Sewer
Water
Public Water
Gas Water Heater
Construction - Wood Siding
Construction - Composite Siding
Vinyl
Hardwood
Carpet
Stone
Heating - Gas
Heating - Forced Air
Lot - Rectangular Lot
TOTAL MONTHLY COST
$0
$0
$0