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About This Home
This 6-bedroom, 2-bathroom residential multi family at 1101 College Avenue in Elmira, NY is listed for $164,999 ($61 per sqft). Built in 1929, the home offers 2,720 sqft of living space on a 0.11 acres lot.
Investors and owner-occupants alike will appreciate this well-kept duplex at 1101 College Ave, offering immediate cash flow and long-term potential. Both units are currently rented month-to-month, with one long-term tenant paying $800 and the other paying $875, providing reliable income from day one.
Located just minutes from LECOM Medical School and Arnot Ogden Medical Center, this property sits in one of Elmira's most sought-after rental corridors, ensuring consistent demand from medical students, residents, and healthcare professionals. The duplex features spacious layouts and updated finishes, making it attractive to tenants and easy to manage.
With gross rents of $1,675 per month, this property delivers strong returns while offering flexibility for future rent increases or owner occupancy. Whether you're expanding your portfolio or seeking a home with built-in rental support, 1101 College Ave is a smart investment in a prime location.
Key Features
- Built in 1929
- 0.11 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$882/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1101 College Avenue
Elmira, NY 14901
Property Details
Flooring
Construction
Heating
Appliances
Questions & Answers
This 6-bedroom, 2-bathroom residential multi family at 1101 College Avenue is listed at $164,999 ($61/sqft). The estimated monthly payment is $715 based on 20% down at 6.5% interest.
Key features include: Built in 1929, 0.11 acre lot, 2 stories.
This property is listed by Andrew Mitchell and can be reached at 6074810780 or mitchelld@kw.com.
