514 W Church, Elmira, NY 14901

Elmira
Local realty services provided by:Team VP Real Estate
514 W Church,Elmira, NY 14901
$240,000
  • 7 Beds
  • 3 Baths
  • 3,980 sq. ft.
  • Multi-family
  • Active
Listed by: victoria simmons
Office: signature properties
MLS#:R1700720
Source:NY_GENRIS

Price summary

  • Price:$240,000
  • Price per sq. ft.:$60.3

About this home

Calling all investors! This well-maintained multi-family property is a fantastic opportunity to add a stable, income-producing asset to your portfolio. Currently generating approximately $34,000 in annual rental income, the building is fully occupied with long-term tenants, providing immediate cash flow from day one. With below-market rents, there is excellent potential to increase income over time. An added bonus is the expansive unfinished top floor, offering the opportunity to create two additional apartment units (subject to municipal approvals), significantly increasing the property’s earning potential. Whether you’re looking for a turnkey investment with reliable tenants or a value-add project with room for substantial growth, this property offers both. Don’t miss your chance to own an investment with immediate returns and exceptional upside potential.

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Home facts

  • Year built:1890
  • Listing ID #:R1700720
  • Added:2 day(s) ago
  • Updated:July 25, 2026 at 03:15 PM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:3
  • Full bathrooms:3
  • Flooring:Carpet, Hardwood, Varies, Vinyl
  • Basement:Yes
  • Basement Description:Full, Walk Out Access
  • Living area:3,980 sq. ft.

Heating and cooling

  • Heating:Baseboard, Electric

Structure and exterior

  • Year built:1890
  • Building area:3,980 sq. ft.
  • Lot area:0.33 Acres
  • Lot Features:Rectangular
  • Construction Materials:Wood Siding
  • Exterior Features:Open, Porch
  • Levels:3 Stories

Utilities

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

Finances and disclosures

  • Price:$240,000
  • Price per sq. ft.:$60.3
  • Tax amount:$4,004

Features and amenities

  • Laundry features:Electric Water Heater

Parking

  • Parking description:Common, Gravel Driveway

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