Vacant Duplex with Great Potential!
Opportunity awaits with this vacant duplex offering plenty of potential for investors, owner-occupants, or those looking for their next renovation project. This property features two separate units, both currently vacant and ready for updates.
One unit offers 3 bedrooms and 1 bath, while the second unit includes 2 bedrooms, 1 bath, and a possible third bedroom or flexible bonus room. Each unit has its own porch, providing outdoor space for tenants or owners to enjoy.
The property does need TLC, but with some vision and improvements, it could become a strong income-producing investment or multi-family residence. Separate living spaces, generous room layouts, and vacant possession make it easy to begin renovations immediately and customize to your needs.
Whether you’re looking to expand your rental portfolio or create value through improvements, this duplex is full of possibilities. Bring your ideas and unlock the potential this property has to offer!
Opportunity awaits with this vacant duplex offering plenty of potential for investors, owner-occupants, or those looking for their next renovation project. This property features two separate units, both currently vacant and ready for updates.
One unit offers 3 bedrooms and 1 bath, while the second unit includes 2 bedrooms, 1 bath, and a possible third bedroom or flexible bonus room. Each unit has its own porch, providing outdoor space for tenants or owners to enjoy.
The property does need TLC, but with some vision and improvements, it could become a strong income-producing investment or multi-family residence. Separate living spaces, generous room layouts, and vacant possession make it easy to begin renovations immediately and customize to your needs.
Whether you’re looking to expand your rental portfolio or create value through improvements, this duplex is full of possibilities. Bring your ideas and unlock the potential this property has to offer!
Property Details
Price:
$54,900
MLS #:
R1721583
Status:
Active
Beds:
5
Baths:
2
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
elmiracity070400
Listed Date:
Oct 12, 2026
Finished Sq Ft:
2,211
Total Sq Ft:
2,211
Lot Size:
8,165 sqft / 0.19 acres (approx)
Year Built:
1900
Units:
2
See this Listing
Schools
School District:
Elmira
Interior
Appliances
Gas Water Heater
Bathrooms
2 Full Bathrooms
Flooring
Other, See Remarks
Heating
Gas, Forced Air
Levels
Two
Exterior
Construction Materials
Wood Siding
Lot Features
Rectangular, Rectangular Lot, Residential Lot
Parking Features
Parking Available, On Street
Stories
2
Financial
Taxes
$3,841
Map
Community
- Address415 Balsam Street Elmira City NY
- CityElmira City
- CountyChemung
- Zip Code14904
Market Summary
Current real estate data for Multi Family in Elmira City as of Oct 18, 2026
71
Multi Family Listed
128
Avg DOM
34
Avg $ / SqFt
$86,813
Avg List Price
Property Summary
- 415 Balsam Street Elmira City NY is a Multi Family for sale in Elmira City, NY, 14904. It is listed for $54,900
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Courtesy of Howard Hanna Corning. 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. 415 Balsam Street
Elmira City, NY