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About This Home
This 6-bedroom, 4-bathroom residential multi family at 450 Riverside Avenue in Elmira, NY is listed for $150,000 ($31 per sqft). Built in 1949, the home offers 4,769 sqft of living space on a 0.14 acres lot.
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.
Key Features
- Built in 1949
- 0.14 acre lot
- 2 stories
Property Details
Amenities
Monthly Cost Estimate
$802/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
450 Riverside Avenue
Elmira, NY 14904
Property Details
Flooring
Construction
Heating
Appliances
Questions & Answers
This 6-bedroom, 4-bathroom residential multi family at 450 Riverside Avenue is listed at $150,000 ($31/sqft). The estimated monthly payment is $650 based on 20% down at 6.5% interest.
Key features include: Built in 1949, 0.14 acre lot, 2 stories.
This property is listed by Kelly N. Squires and can be reached at 6072159395 or kellysquires@kw.com.





