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!
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 Details
Price:
$179,000
MLS #:
R1692728
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Subtype:
MultiFamily
Neighborhood:
elmiracity070400
Listed Date:
Jun 26, 2026
Finished Sq Ft:
3,536
Total Sq Ft:
3,536
Lot Size:
7,200 sqft / 0.17 acres (approx)
Year Built:
1952
Units:
4
See this Listing
Schools
School District:
Elmira
Interior
Appliances
Gas Water Heater
Bathrooms
4 Full Bathrooms
Flooring
Carpet, Hardwood, Varies, Vinyl
Heating
Gas, Forced Air
Exterior
Construction Materials
Composite Siding, Wood Siding
Lot Features
Rectangular, Rectangular Lot
Parking Features
Parking Available
Roof
Architectural, Shingle
Stories
3
Financial
Taxes
$4,051
Map
Community
- Address708 Linden Place Elmira City NY
- CityElmira City
- CountyChemung
- Zip Code14901
Market Summary
Current real estate data for Multi Family in Elmira City as of Jul 20, 2026
51
Multi Family Listed
121
Avg DOM
39
Avg $ / SqFt
$97,442
Avg List Price
Property Summary
- 708 Linden Place Elmira City NY is a Multi Family for sale in Elmira City, NY, 14901. It is listed for $179,000
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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. 708 Linden Place
Elmira City, NY