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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.

Agent 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.

Key Features

  • Built in 1949
  • 0.14 acre lot
  • 2 stories

Property Details

2 stories
4 full
1949

Amenities

Hardwood

Monthly Cost Estimate

$802/mo

20% down · 6.5% · 30 years

Principal$108
Interest$650
Insurance$44

Estimates only. Actual payments may vary.

Location

450 Riverside Avenue

Elmira, NY 14904

Property Details

Flooring

LaminateHardwoodVaries

Construction

WoodSiding

Heating

Forced AirNatural Gas

Appliances

GasWaterHeater

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.

KS

Kelly N. Squires

Agent at Keller Williams Realty Southern Tier & Finger Lakes

(607) 215-9395

Listed by Keller Williams Realty Southern Tier & Finger Lakes · View on Broker Site

MLS# R1685020· Source: listhub· Updated 5 days ago

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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