Listing Courtesy of: Andrew Mitchell - Keller Williams Realty Southern Tier & Finger Lakes
607-795-2900
$189,999
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1103 College Ave Elmira, NY 14901
Multi-Family
Residence
6
Beds
2
Baths
...
Bed/Bath
2,720
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
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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 be...en 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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MLS#
R1651002
Property Type
Multi-Family
Bedrooms
6
Bathrooms
2 Full
Year Built
1929
Square Feet
2,720
sq. ft
Lot Size
0.32
Sewer
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