Fully occupied 4-unit with immediate income and clear upside. This long-held investment property has been operated conservatively, with long-term occupancy and current gross annual income of nearly $30,000. Rents appear to be below current market potential, giving the next owner an opportunity to improve performance over time through gradual rent increases and expense review. Features include separate heating/furnaces, laundry income, and a double lot. Rare 4-unit option for an investor seeking a steady multi-unit property with plenty of room to grow. Utilities included in listed rent. Listing agent related to seller.
Property Details
Price:
$149,900
MLS #:
R1671293
Status:
Pending
Beds:
6
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
elmiracity070400
Listed Date:
Apr 24, 2026
Finished Sq Ft:
4,350
Total Sq Ft:
4,350
Lot Size:
5,500 sqft / 0.13 acres (approx)
Year Built:
1900
Units:
4
See this Listing
Schools
School District:
Elmira
Interior
Appliances
Electric Water Heater, Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Carpet, Laminate, Varies
Heating
Electric, Gas, Forced Air
Levels
Two
Exterior
Accessibility Features
Accessible Entrance
Architectural Style
Fourplex
Construction Materials
Brick, Frame
Exterior Features
Balcony
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
Two Or More Spaces
Patio And Porch Features
Balcony, Covered, Porch
Roof
Shingle
Stories
2
Financial
Taxes
$5,385
Map
Community
- Address355 West Thurston Street Elmira City NY
- CityElmira City
- CountyChemung
- Zip Code14901
Market Summary
Current real estate data for Multi Family in Elmira City as of Sep 04, 2026
61
Multi Family Listed
119
Avg DOM
34
Avg $ / SqFt
$87,176
Avg List Price
Property Summary
- 355 West Thurston Street Elmira City NY is a Multi Family for sale in Elmira City, NY, 14901. It is listed for $149,900
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Courtesy of Keller Williams Realty Southern Tier & Finger Lakes. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the New York State Alliance of MLSs. Detailed information about real estate listings held by brokerage firms other than Michael Paduano include the name of the listing broker. Neither the listing company nor Michael Paduano shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. New York State Alliance of MLSs. All rights reserved. 355 West Thurston Street
Elmira City, NY