About This Home

This 6-bedroom, 4-bathroom residential multi family at 450 Riverside Avenue in Elmira, NY is listed for $125,000 ($26 per sqft). Built in 1949, the home offers 4,769 sqft of living space on a 0.14 acres lot.

Key Features

  • Built in 1949
  • 0.14 acre lot
  • 2 stories

Property Details

2 stories
4 full
1949

Amenities

Hardwood
Listing Description

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.

Monthly Cost Estimate

$669/mo

20% down · 6.5% · 30 years

Principal$90
Interest$542
Insurance$36

Estimates only. Actual payments may vary.

Location

450 Riverside Avenue

Elmira, NY 14904

Property Details

Flooring

LaminateVariesHardwood

Construction

WoodSiding

Heating

Natural GasForced Air

Appliances

GasWaterHeater

Questions & Answers

This 6-bedroom, 4-bathroom residential multi family at 450 Riverside Avenue is listed at $125,000 ($26/sqft). The estimated monthly payment is $668 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1949, 0.14 acre lot, 2 stories.

This property is listed by Kelly N. Squires.

KS

Kelly N. Squires

License 10301205810

Agent at Keller Williams Realty Southern Tier & Finger Lakes

Listed by Keller Williams Realty Southern Tier & Finger Lakes · Broker phone: (607) 795-2900 · View on Broker Site · Broker website

MLS# R1685020· Source: New York State Alliance of MLSs, LLC· 154 days on PropertySimple

Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

450 Riverside Avenue, Elmira, NY 14904

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