About 450 Riverside Avenue
Excellent investment opportunity with strong rental history and immediate cash flow potential. This fully occupied 5-unit property sits on a desirable corner lot and features long-term tenants, all currently on month-to-month leases, offering flexibility for future rent adjustments or management strategies. The building includes a convenient coin-operated laundry area on the first floor, providing additional income potential. With consistent occupancy, this property is ideal for investors looking to expand their portfolio with a turnkey multi-family asset offering steady income and upside potential. Don’t miss this rare opportunity to own a solid income-producing property.
Features of 450 Riverside Avenue
| MLS® # | R1685020 |
|---|---|
| Price | $125,000 |
| Bedrooms | 6 |
| Bathrooms | 4.00 |
| Full Baths | 4 |
| Square Footage | 4,769 |
| Square Footage | 6250 |
| Acres | 0.14 |
| Year Built | 1949 |
| Type | Residential |
| Sub-Type | Multi Family |
| Status | Active |
Community Information
| Address | 450 Riverside Avenue |
|---|---|
| Area | Elmira-City |
| City | Elmira City |
| County | Chemung |
| State | NY |
| Zip Code | 14904 |
Amenities
| Utilities | Sewer Connected, Water Connected, All Utilities |
|---|---|
| Features | Corner Lot, Near Public Transit, Rectangular, Rectangular Lot |
| Parking | Two or More Spaces |
| Garages | Two or More Spaces |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood, Laminate, Varies |
|---|---|
| Appliances | Gas Water Heater |
| Heating | Gas, Forced Air |
| Fireplace | No |
| # of Stories | 2 |
| Stories | 2 |
| Has Basement | Yes |
| Basement | Full |
Exterior
| Exterior | Wood Siding |
|---|---|
| Lot Description | Corner Lot, Near Public Transit, Rectangular, Rectangular Lot |
| Construction | Wood Siding |
School Information
| District | Elmira |
|---|
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty Southern Tier & Finger Lakes |
|---|