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514 W Church

Elmira City, NY 14901
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Bed 7

Bed

Bath 3

Bath

SqFt3,980

Sqft

Acres0.33

Acre(Lot)

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 t o own an investment with immediate returns and exceptional upside potential.

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Detail Ic Property Details

Property Type : Residential

Price : $199,999

AD Id : 88350875

MLS Id : R1700720

Beds : 7

Lot Size : 0.33 Acre

Living Area Size : 3,980

Year Built : 1890

County : Chemung

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Feature Features

  • Bedroom Information

    Total beds: 7

    Bathroom Information

    Total Baths: 3 Full Baths: 3

    Room Information

    Has Basement: Yes Basement: Full, Walk-Out Access
  • Flooring Information

    Carpet, Hardwood, Varies, Vinyl
  • Interior Features

    Appliances: Electric Water Heater, Gas Water Heater, Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Electric, Baseboard

  • Building Information

    Year Built: 1890 Building Area Total: 3980 Construction Materials: Wood Siding Stories: 3 Patio And Porch Features: Porch Private Pool: No

  • Lot Information

    Lot Dimensions: 81X176 Main Square Feet: 0.33 Acres Lot Size Acres: 0.33 Lot Description: Rectangular Lot

  • Listing Price Information

    Listing Price: $199999 Original Price: $240000 Cash, Conventional

  • Tax Information

    Parcel Number: 070400-089-018-0003-035-000-0000 Tax Lot: 35 Annual Tax: $4004

  • Parking Information

    Common, Gravel

  • Utility Information

    Sewer Connected, Water Connected
  • Location Information

    Direction: Heading on Church Street property is marked with a sign. WaterSource: Public
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The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the New York State Alliance MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. 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) nor ByOwner shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless. Copyright ©2026 New York State Alliance and participating MLS's - CNYIS, UNYREIS and WNYREIS. All Rights Reserved.

ByOwner last updated this listing 08/25/2026 @ 22:28

MLS: R1700720 LISTED BY: Victoria Simmons, Signature Properties 607-796-9817 SOURCE: Upstate New York Real Estate Information Services (UNYREIS)

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