Presenting an investment opportunity at 517-519 Pennsylvania Ave, featuring a well-maintained property comprising 8 units. This includes 6 one-bedroom apartments and two two-bedroom apartments, each equipped with updated electrical and plumbing systems for enhanced functionality and convenience. Currently, three one-bedroom units are occupied, generating rental incomes of $650, $575, and $725 respectively. Tenants are responsible for their own electric and gas usage, with each apartment independently metered for utilities. The property is listed at an attractive price point of $199,900. Flexible financing options are available, with the owner offering to hold a first mortgage with a 20% down payment.
For sale
Price cut: $5K (2/28)
$189,000
517-519 Pennsylvania Ave, Elmira, NY 14904
5beds
3baths
6,834sqft
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$28/sqft
$-- HOA
What's special
- 67 days
- on Zillow |
- 569 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: February 28, 2025 at 09:32am
Listing by:
Keller Williams Realty Southern Tier & Finger Lakes 607-795-2900,
Kelly N. Squires 607-215-9395
Source: NYSAMLSs,MLS#: EC273857
Originating MLS: Elmira Corning Regional Association Of REALTORS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Gas, Wall Furnace
Appliances
- Included: Gas Water Heater, Refrigerator
Features
- Flooring: Hardwood, Laminate, Varies, Vinyl
- Basement: Full
Interior area
- Total structure area: 6,834
- Total interior livable area: 6,834 sqft
Property
Parking
- Parking features: Off Street, Parking Available, One Space, On Street
Features
- Patio & porch: Open, Porch
- Body of water: None
Lot
- Size: 9,000 Square Feet
- Dimensions: 150 x 60
Details
- Parcel number: 99.111037
- Zoning: commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Two Story
- Property subtype: Multi Family
Materials
- Wood Siding
- Roof: Shingle
Condition
- Resale,Fixer
- Year built: 1930
Utilities & green energy
- Sewer: Connected
- Water: Other, See Remarks
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: None
Location
- Region: Elmira
Financial & listing details
- Price per square foot: $28/sqft
- Tax assessed value: $120,000
- Annual tax amount: $5,800
- Date on market: 3/19/2024
- Loading
- Loading