Multi unit apartment houses for sale $0 Chemung County

Added on June 6, 2025

Multi unit apartment houses for sale

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Location: ithaca

Multi unit apartment houses for sale

$0

Chemung County

5BR / 3Ba

2515ft²

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GREAT REAL ESTATE INVESTMENT

$$$$$ OPPORTUNITY OF A LIFETIME!! $$$$$

Upstate New York Owner Retiring

CAP RATES 12.4% & 12.2%

*2 Separate Duplexes. Strong local rental market.

*These homes are the highest quality, most profitable duplexes in the region.

*Each duplex is more profitable than most 4 its with half the workload!

*100% beautifully renovated and meticulously maintained with top-of-the-line very high-end materials, mechanicals & finishes.

* Decades long successful rental history.

*Turnkey properties. 1st time offered for sale since total rebuild.

*Rents are 10% below market value.

*100% City, State and Fire Code Compliant.

*ALL its are always rented with GREAT A+ professionally employed tenants! Renters pay all utilities and do their own lawn & snow maintenance and have their own Renters Insurance. Each it is completely private with separate entrances and totally separate utilities including water and sewer tax.

*100% rewired- every outlet & every switch has a new wire rning to it and all new service upgrades.

*New roof, tear off & new decking 2019. 30-year Architectural shingles at the 470 property.

*Replacement windows, ALL Low E & Argon, insulated frames.

*All New rebuilt porch- footers, spindles, rails, posts, decking, etc.

*New doors & newer vinyl siding @ the 470 property.

*Newer very high-end carpet & pad.

*New Real Bruce Hardwood floors, 5/8” tongue & groove.

*New tile bathrooms. 6’ soaker or Jacuzzi tubs, walk-in tile showers, several built-ins, recessed lighting & much more!

*Very well insulated. Newer mechanicals and new AC’s.

*See description & detailed Walk-Through videos.

*Financials available to prequalified serious buyers.

Please call, text or email for more information. show contact info

https://www.apartments.com/470-south-ave-elmira-ny/f1fqgjv/

https://www.apartments.com/419-jefferson-st-elmira-ny/6z69n4r/

post id: 7844666498

posted: 2025-04-23 15:55

updated: 2025-06-05 10:26

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Multi unit apartment houses for sale $0 Chemung County

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Multi unit apartment houses for sale $0 Chemung County

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