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7 Beds
3 Baths
3,980 sqft

$170,000

514 W Church, Elmira City NY, 14901

Price per sqft$42.71
Built in1890
Property size3,980 sqft
Property typeMulti-family

Overview

Active

Listed Jul 23, 2026

Updated 3 weeks ago

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.

$1,131/mo

Est. mortgage payment based on a $170,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
R1700720

Interior Features

Bedrooms
7
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.33 Acres

Other Property Details

Taxes
$4,004
Tax Frequency
Annually
MLS provider logo

 

Courtesy of Signature Properties, Victoria Simmons

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Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither the listing broker(s), Bonnie Pagano Team, nor Luxury Presence shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.

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Data last updated 10:14 PM UTC, 9/15/2026

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