BEDS8
BATHS4 full
SQUARE FEET3,536
MLS#R1692728
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SCHOOLElmira
Property Description
Turnkey, High-Yield Cash-Flow Generator in Elmira! Attention investors looking to maximize net operating income: this fully occupied multi-family property is a premier addition to any portfolio, currently generating a strong gross revenue of $4,225 per month. In an incredible operational advantage, each tenant is fully responsible for their own separate electric and gas utilities, heavily insulating your bottom line from fluctuating energy costs and keeping landlord overhead to a bare minimum. Featuring a stable rental history and a highly convenient location near local amenities and regional transit, this asset represents immediate, optimized yield from day one. Perfect for investors executing a 1031 exchange or looking to scale their presence in the tight Southern Tier rental market with a low-friction, high-performance property. Financials and stable tenant history are available upon request. Schedule your portfolio review today!
Property Features
Property Type: Multi Unit - Multiple
Basement: Partially Finished
Heating: Gas, Forced Air
Lot Size: 0.17 Acres
Roof Type: Architectural, Shingle
Stories: 3.0
Taxes: $4,051
Year Built: 1952
Feature Descriptions
Appliances: Gas Water Heater
Days on Site: 20
Exterior: Composite Siding, Wood Siding
Flooring: Carpet, Hardwood, Varies, Vinyl
Lot: Rectangular, Rectangular Lot
Lot Dimensions: 50X144
Parcel#: 070400-089-008-0002-004-000-0000
Parking: Parking Available
Parking Notes: Parking Available
Sewer: Connected
Units: 4
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Connected, Public
Local Schools
School District: Elmira
Listed By / Shown By
Listing By
Agency Name: Keller Williams Realty Southern Tier & Finger Lakes
Agency Phone: (607) 795-2900
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Estimate Your Payment
Estimated Payment
$ 788.17 per month $398.38 Principal & Interest $337.58 Property Tax $52.21 Homeowner's InsuranceChange Payment Information
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
Disclaimer:
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708 Linden Place | MLS# R1692728
This multi-family property located at 708 Linden Place, Elmira, NY 14901 is currently listed for sale with an asking price of $179,000. Linden Place is located within the Elmira school district. Search Elmira real estate on www.coldwellbankerchoice.com today.