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$142,500

Est. payment - /mo

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5 Beds

3 Baths

2,832 SqFt

Active Under Contract

306 South AVE Elmira, NY 14904

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Abby M. Russell

abby@russellsolutionsre.com +1(607) 846-0456

UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 2,832 sqft

Price per Sqft $50

MLS Listing ID R1717891

Bedrooms 5

Full Baths 3

Construction Status Existing

HOA Y/N No

Year Built 1900

Annual Tax Amount $4,934

Lot Size 7,392 Sqft

Acres 0.1697

Lot Dimensions 56X132

Property Sub-Type Multi Family

Property Description

Attention investors - Immaculately maintained triplex in the city of Elmira! If you've been looking to start or grow your portfolio, don't look past this great deal. Take the stress out of investing with this completely turnkey money maker. Featuring vinyl siding, newer replacement windows, newer roof (2018), gravel driveway and plenty of parking outback, this home is low maintenance and ready for you to grow your income! There is a spacious 3 bedroom unit downstairs, and two 1 bedroom units upstairs. The lower unit is vacant and ready for a tenant, or could be a great owner occupied apartment to cut down on living expenses. Each apartment has separate gas and electric meters, one 1 bedroom is rented for $825 plus, and the other 1 bedroom is rented for $950 plus, for a total of $1,775 plus utilities before renting out the downstairs apartment. Great cash flow for the price!

Location

State NY

County Chemung

Area Elmira-City-070400

Rooms

Basement Full

Interior

Heating Gas, Forced Air, Wall Furnace

Flooring Tile, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Utilities Available Sewer Connected, Water Connected

Building

Lot Description Rectangular, Rectangular Lot

Story 2

Sewer Connected

Water Connected, Public

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Existing

Schools

School District Elmira

Others

Senior Community No

Tax ID 070400-099-011-0009-023-000-0000

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Special Listing Condition Standard

Listed by Howard Hanna Horseheads

NEARBY SCHOOL & BUSINESS

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Abby M. Russell

Licensed Associate Broker License ID: 1030121086

+1(607) 846-0456

306 South AVE Elmira, NY 14904

Abby M. Russell

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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306 South AVE