355 Walnut Street, Elmira City, NY 14901

Property Description

Investment Opportunity – Duplex with Strong Cash Flow & Upside Potential! This spacious duplex features two large 2-bedroom units with solid rental income and over $25,000 in recent improvements. The left unit is especially roomy, offering 1.5 bathrooms and extra living space. Currently rented at $1,125 per side ($2,250/month gross), this property has already generated over $17,000 in 2025 income. Utilities are included under existing leases but could be restructured to boost your net operating income. Two spacious 2BR units Over $25K in updates since purchase in 2024 Long-term tenants in place Gross rents: $2,250/month with room to increase Potential to separate utilities for higher returns Strong bones and a layout that supports rent increases with further improvements