benny.estate
For SaleMLS # R168502044 days on market

450 Riverside Avenue

Elmira, NY 14904 · Chemung County

Price

$125,000

Bed / Bath

6 bd · 4 ba

Interior

4,769 sqft

Lot

6,251 sqft lot

Built

1949

↓ Reduced from $150,000

About this home

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.

Appliances

  • Gas Water Heater

Mechanical

Heating

Gas, Forced Air

Schools

District

Elmira

Tax & finance

Annual taxes

$89,097

Financing

Cash · Conventional

Location

Elmira, NY 14904 · Chemung County

MLS Attribution

Listing courtesy of Keller Williams Realty Southern Tier & Finger Lakes. Listing agent: Kelly N. Squires. Data last updated 7/10/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.