1103-1105 College Avenue, Elmira, NY 14901
Local realty services provided by:ERA Team VP Real Estate
Listed by: andrew mitchell
Office: keller williams realty southern tier & finger lakes
MLS#:R1651002
Source:NY_GENRIS
Price summary
- Price:$189,999
- Price per sq. ft.:$69.85
About this home
This duplex at 1103–1105 College Ave is a rare opportunity to secure both immediate income and long-term growth in one of Elmira’s most desirable rental corridors. With one unit currently rented month-to-month at $950, investors benefit from steady cash flow from day one. The second unit has just been finalized, offering flexibility for an owner-occupant or the ability to lease at market rates of $1,200–$1,400, significantly increasing gross rental income potential.
The property’s location is a major driver of demand: just minutes from LECOM Medical School and Arnot Ogden Medical Center, ensuring a consistent tenant pool of medical students, residents, and healthcare professionals. This proximity translates into strong rental stability and premium rates compared to other Elmira neighborhoods.
With projected gross rents of $2,150–$2,350 per month, investors can achieve attractive returns while benefiting from a property that is already cash-flowing. The duplex’s updated finishes, spacious layouts, and professional presentation—including a 3D tour—make it easy to attract quality tenants and minimize vacancy.
Whether you’re seeking a turnkey addition to your portfolio or a smart owner-occupant strategy with rental support, this property delivers a compelling blend of location, income, and appreciation potential.
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Home facts
- Year built:1929
- Listing ID #:R1651002
- Added:92 day(s) ago
- Updated:February 15, 2026 at 03:50 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Living area:2,720 sq. ft.
Heating and cooling
- Heating:Forced Air, Gas
Structure and exterior
- Roof:Shingle
- Year built:1929
- Building area:2,720 sq. ft.
- Lot area:0.32 Acres
Utilities
- Water:Connected, Public, Water Connected
- Sewer:Connected, Sewer Connected
Finances and disclosures
- Price:$189,999
- Price per sq. ft.:$69.85
- Tax amount:$4,606
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