306 South Avenue, Elmira City, NY 14904

Property Description

Attention investors - Immaculately maintained triplex in the city of Elmira! If you’ve been looking to start or grow your portfolio, don’t look past this great deal. Take the stress out of investing with this completely turnkey money maker. Featuring vinyl siding, newer replacement windows, newer roof (2018), gravel driveway and plenty of parking outback, this home is low maintenance and ready for you to grow your income! There is a spacious 3 bedroom unit downstairs, and two 1 bedroom units upstairs. The lower unit is vacant and ready for a tenant, or could be a great owner occupied apartment to cut down on living expenses. Each apartment has separate gas and electric meters, one 1 bedroom is rented for $825 plus, and the other 1 bedroom is rented for $950 plus, for a total of $1,775 plus utilities before renting out the downstairs apartment. Great cash flow for the price!