355 Walnut Street, Elmira, NY 14901

Local realty services provided by:ERA Team VP Real Estate
355 Walnut Street,Elmira, NY 14901
$110,000
  • 4 Beds
  • 3 Baths
  • 1,864 sq. ft.
  • Multi-family
  • Active
Listed by:andrew hughes
Office:keller williams realty southern tier & finger lakes
MLS#:R1643372
Source:NY_GENRIS

Price summary

  • Price:$110,000
  • Price per sq. ft.:$59.01

About this home

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

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Home facts

  • Year built:1875
  • Listing ID #:R1643372
  • Added:14 day(s) ago
  • Updated:October 23, 2025 at 06:16 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:3
  • Full bathrooms:2
  • Half bathrooms:1
  • Living area:1,864 sq. ft.

Heating and cooling

  • Heating:Forced Air, Gas

Structure and exterior

  • Roof:Shingle
  • Year built:1875
  • Building area:1,864 sq. ft.

Utilities

  • Water:Connected, Public, Water Connected
  • Sewer:Connected, Sewer Connected

Finances and disclosures

  • Price:$110,000
  • Price per sq. ft.:$59.01
  • Tax amount:$2,852