514 W Church
Elmira, NY 14901 · Chemung County
Price
$170,000
Bed / Bath
7 bd · 3 ba
Interior
3,980 sqft
Lot
14,375 sqft lot
Built
1890
↓ Reduced from $199,999
About this home
Calling all investors! This well-maintained multi-family property is a fantastic opportunity to add a stable, income-producing asset to your portfolio. Currently generating approximately $37,000 in annual rental income, the building is fully occupied with long-term tenants, providing immediate cash flow from day one. With below-market rents, there is excellent potential to increase income over time. An added bonus is the expansive unfinished top floor, offering the opportunity to create two additional apartment units (subject to municipal approvals), significantly increasing the property’s earning potential. Whether you’re looking for a turnkey investment with reliable tenants or a value-add project with room for substantial growth, this property offers both. Don’t miss your chance to own an investment with immediate returns and exceptional upside potential.
Appliances
- Electric Water Heater
- Gas Water Heater
Mechanical
Heating
Electric, Baseboard
Schools
District
Elmira
Tax & finance
Annual taxes
$4,004
Financing
Cash · Conventional
MLS Attribution
Listing courtesy of Signature Properties. Listing agent: Victoria Simmons. Data last updated 9/15/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.
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