615 W Gray Street, Elmira City, NY 14905

$160,000
6
BD
4
BA
3,089
SqFt

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Sold Price
$160,000
List Price
$178,000
Status
CLOSED
MLS#
R1655061
Closing Date
Mar 09, 2026
Year Built
1890
Stories
2
Bedrooms
6
Bathrooms
4
Baths Half
1
Acres
0.25
Living Area
3,089
Region
Elmira

Property Description

Turn-key 3-unit investment property offering immediate rental income with all units fully leased. Each apartment features two bedrooms, hardwood floors, and distinctive historic character from the home’s circa-1860 origins, including exposed brick, built-ins, and timeless architectural details. The property features a versatile layout with one spacious two-story unit and two over/under apartments, providing flexibility and broad rental appeal. All three units are currently leased, delivering immediate cash flow from day one. Outside, enjoy a flat, partially fenced yard and large porches in the front—ideal for tenant use and easy maintenance. The combination of historic charm, solid tenancy, and functional layout makes this a compelling addition to any investment portfolio. A rare chance to own a turn-key, income-producing property with character and long-term rental demand.

Additional Information

Taxes
$3,633
Interior Features
Ceiling Fan(s)
Exterior Features
Fence
Style
Triplex
School District
Elmira
Elementary School
Fassett Elementary
Middle School
Ernie Davis Middle
Water
Connected, Public
Sewer
Connected

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty Southern Tier & Finger Lakes. Contact:

Selling Office: Keuka Lake & Land Realty Bath.