1103-1105 College AVE, Elmira, NY 14901
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1103-1105 College AVE, Elmira, NY 14901,Video Tour
1103-1105 College AVE, Elmira, NY 14901
1103-1105 College AVE, Elmira, NY 14901
1103-1105 College AVE, Elmira, NY 14901
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$ 189,999
Est. payment /mo
Pending

1103-1105 College AVE Elmira, NY 14901

6 Beds

2 Baths

2,720 SqFt


UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

Square Footage 2,720 sqft

Price per Sqft $69

MLS Listing ID R1651002

Style Duplex

Bedrooms 6

Full Baths 2

Construction Status Existing

HOA Y/N No

Year Built 1929

Annual Tax Amount $4,606

Lot Size 0.324 Acres

Acres 0.3241

Lot Dimensions 94X150

Property Sub-Type Multi Family

Property Description

This duplex at 1103–1105 College Ave is a rare opportunity to secure both immediate income and long-term growth in one of Elmira's most desirable rental corridors. With one unit currently rented month-to-month at $950, investors benefit from steady cash flow from day one. The second unit has just been finalized, offering flexibility for an owner-occupant or the ability to lease at market rates of $1,200–$1,400, significantly increasing gross rental income potential.

The property's location is a major driver of demand: just minutes from LECOM Medical School and Arnot Ogden Medical Center, ensuring a consistent tenant pool of medical students, residents, and healthcare professionals. This proximity translates into strong rental stability and premium rates compared to other Elmira neighborhoods.

With projected gross rents of $2,150–$2,350 per month, investors can achieve attractive returns while benefiting from a property that is already cash-flowing. The duplex's updated finishes, spacious layouts, and professional presentation—including a 3D tour—make it easy to attract quality tenants and minimize vacancy.

Whether you're seeking a turnkey addition to your portfolio or a smart owner-occupant strategy with rental support, this property delivers a compelling blend of location, income, and appreciation potential.

Location

State NY

County Chemung

Area Elmira-City-070400

Direction Turn right from church st to north main and travel for 1.2 miles and the property will be on the left

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Flooring Hardwood, Varies, Vinyl

Fireplace No

Appliance Gas Water Heater

Exterior

Garage Spaces 2.0

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Roof Type Architectural,Shingle

Garage Yes

Building

Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

Story 2

Foundation Block, Slab

Sewer Connected

Water Connected, Public

Architectural Style Duplex

Level or Stories Two

Structure Type Vinyl Siding

Construction Status Existing

Schools

School District Elmira

Others

Senior Community No

Tax ID 070400-089-006-0003-017-000-0000

Acceptable Financing Cash, Conventional, FHA, Rehab Financing, USDA Loan, VA Loan

Listing Terms Cash, Conventional, FHA, Rehab Financing, USDA Loan, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.zillow.com/view-imx/5c9c2906-3934-4766-a38a-1921e1b96ffb?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard


Listed by Keller Williams Realty Southern Tier & Finger Lakes

NEARBY SCHOOLS & PROPERTIES

Michelle Thompson

Michelle Thompson

Lic. RE Salesperson | License ID: 40FA1156159

+1(315) 794-3260

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1103-1105 College AVE