Excellent investment opportunity with strong rental history and immediate cash flow potential. This fully occupied 5-unit property sits on a desirable corner lot and features long-term tenants, all currently on month-to-month leases, offering flexibility for future rent adjustments or management strategies. The building includes a convenient coin-operated laundry area on the first floor, providing additional income potential. With consistent occupancy, this property is ideal for investors looking to expand their portfolio with a turnkey multi-family asset offering steady income and upside potential. Don’t miss this rare opportunity to own a solid income-producing property.
Property Details
Price:
$150,000
MLS #:
R1685020
Status:
Active
Beds:
6
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
elmiracity070400
Listed Date:
May 27, 2026
Finished Sq Ft:
4,769
Total Sq Ft:
4,769
Lot Size:
6,250 sqft / 0.14 acres (approx)
Year Built:
1949
Units:
5
See this Listing
Schools
School District:
Elmira
Interior
Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Hardwood, Laminate, Varies
Heating
Gas, Forced Air
Levels
Two
Exterior
Construction Materials
Wood Siding
Lot Features
Corner Lot, Near Public Transit, Rectangular, Rectangular Lot
Parking Features
Two Or More Spaces
Stories
2
Financial
Taxes
$89,097
Map
Community
- Address450 Riverside Avenue Elmira City NY
- CityElmira City
- CountyChemung
- Zip Code14904
Market Summary
Current real estate data for Multi Family in Elmira City as of Jun 08, 2026
37
Multi Family Listed
143
Avg DOM
41
Avg $ / SqFt
$109,322
Avg List Price
Property Summary
- 450 Riverside Avenue Elmira City NY is a Multi Family for sale in Elmira City, NY, 14904. It is listed for $150,000 To schedule a showing of MLS#r1685020 at 450 Riverside Avenue in Elmira City, NY, contact your Concrete Jungle Realty agent at 3472420937.
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Courtesy of Keller Williams Realty Southern Tier & Finger Lakes. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Concrete Jungle Realty include the name of the listing broker. Neither the listing company nor Concrete Jungle Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 450 Riverside Avenue
Elmira City, NY



