452 W Water St - Apartments FOR SALE


Elmira, NY 14905
$369,900 USD
607-481-5660
452 W Water St, Elmira, NY for Sale
$369,900 USD
Apartments - FOR SALE
1/10
null | 7.19% Cap Rate

452 W Water St
Elmira, NY 14905


HIGHLIGHTS

  • Fully occupied
  • Room for rent increases
  • Well maintained apartments
  • Make a return on investment from day one
  • Close to St. Joseph's hospital, Elmira College, restaurants, businesses and parks.

OVERVIEW

Welcome to an exceptional investment opportunity nestled in the heart of Elmira, NY! Presenting a six-unit apartment complex with well-maintained apartments, this property promises immediate returns with fully occupied units and potential for increased rental income. Boasting a prime location within walking distance to an array of shops, dining establishments, and businesses, it offers tenants unparalleled convenience and accessibility. Additionally, being near Elmira College adds to its appeal, attracting students and faculty seeking convenient housing options. Strategically situated near St. Joseph's Hospital and the highway, ensuring easy access to essential amenities and streamlined commutes. Nearby parks provide opportunities for leisure and recreation, enhancing the quality of life for residents. Don't let this opportunity slip through your fingers. Buyers must provide proof of funds or prequalification and sign an Non-disclosure agreement (NDA) to access rent rolls and financials. Interior photos available upon request. Seize the chance to own a carefully maintained property in a thriving community today!

FOR SALE DETAILS

PRICE

$369,900 USD

PRICE/SF

$78 USD /SF

# OF UNITS

6

PRICE/UNIT

$61,650

CAP RATE

7.19%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

452 W Water St, Elmira, NY 14905-2545

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1957

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

NMU

APN/PARCEL ID

070400-089-018-0006-023-000-0000

ASK ABOUT THIS PROPERTY

Coty LunnSVN Innovative Commercial AdvisorsMore Info
607-481-5660

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Coty LunnSVN Innovative Commercial AdvisorsMore Info
607-481-5660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.