354 West Water Street

Elmira, NY 14905

$72,900
Price
5
Beds
3
Baths
3,463 Sq. Ft.
$21 / Sq. Ft.
3,463
Sq. Ft.
$21
per Sq. Ft.

Description

Introducing a triplex in Elmira, NY, it offers an exceptional investment opportunity with steady rental income and significant potential for growth. The property features a classic slate roof and a spacious, flat backyard, making it a hassle-free addition to your portfolio. Currently, the triplex is home to long-term tenants. New hot water heater. Don’t miss out on this fantastic opportunity!Introducing a triplex in Elmira, NY, it offers an exceptional investment opportunity with steady rental income and significant potential for growth. The property features a classic slate roof and a spacious, flat backyard, making it a hassle-free addition to your portfolio. Currently, the triplex is home to long-term tenants. New hot water heater. Don’t miss out on this fantastic opportunity!
  1. Listed by Coty Lunn • INNOVATIVE COMMERCIAL ADVISORS
  2. Listed by Angela M Martinez • INNOVATIVE COMMERCIAL ADVISORS

Property Details for 354 West Water Street

Architectural Style
MultiFamily
Zoning
Multi-Family
LISTING UPDATED: 11/20/2024 06:27 PM

Property Details for 354 West Water Street

StatusActive
MLS #326420
Days on Market128
Taxes$2,905 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Triplex
Year Built1875
Lot Size0.15 AC / 6,534 SF
CountyChemung County

Building Information for 354 West Water Street

Stories-Residences3Year Built1875Building Size-Lot Size0.15 AC / 6,534 SF

Property Information for 354 West Water Street

Summary
Location and General Information
  • City: Elmira
  • County Or Parish: Chemung
  • Directions: GPS
  • Postal City: Elmira
  • Township: Elmira
  • State Or Province: NY
  • MLS Area Major: Area 12
  • Postal Code: 14905
  • Zoning Description: Multi-Family
Taxes and HOA Information
  • Tax Annual Amount: $2,905.00
  • Tax Assessed Value: $38,000.00
School Information
  • Elementary School: Elmira
  • Elementary School District: Elmira
  • High School District: Elmira
  • Middle Or Junior School District: Elmira
Parking
  • Garage Spaces: .00
  • Garage: No
  • Parking Features: Driveway
Property
Lot Information
  • Above Grade Finished Area: 3463.0
  • Below Grade Finished Area: 0.0
  • Living Area: 3463.0
  • Lot Features: Level
  • Lot Size Dimensions: 0.15 Acres
Property and Assessments
  • Sign On Property: Yes
  • Year Built: 1875
  • Property Sub Type: Triplex
  • Property SubType Additional: Triplex
  • Property Type: ResidentialIncome
  • Construction Materials: Stucco
Utilities
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Exterior Features: MatureTreesLandscape
  • Foundation Details: Basement
Interior Features
  • Appliances: GasWaterHeater, Range, Refrigerator
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Cooling: No
  • Cooling: None
  • Flooring: Carpet, Vinyl
  • Heating: Radiators, Steam
  • Heating: Yes
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bedrooms Total: 5
Room Information
Room 1
  • HumanModified: No
Room 2
  • HumanModified: No
Room 3
  • HumanModified: No
Mobile Home
Mobile/Manufactured Home
  • Human Modified: Yes
Multi Family
Multi-Family Information
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
Income & Expenses Information
  • Water Sewer Expense: $400.00
  • Fuel Expense: $.00
  • Insurance Expense: $1,200.00
  • Electric Expense: $.00
Unit 1
  • Actual Rent: $600.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $600.00
Unit 2
  • Actual Rent: $490.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $490.00
Unit 3
  • Actual Rent: $875.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $875.00
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 354 West Water Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 354 West Water Street

Taxable ValueLand$7,100Additions$30,900Total$38,000
Tax Record2020$2,636 ($220 / month)
Home Facts
Baths3Total Finished SqFt3,463 SqFtAbove Grade Finished SqFt3,463 SqFtStories3Lot Size6,720 SqFtStyleTriplexYear Built1875ZoningNMUCountyCHEMUNGAPN070400 89.18-8-23

Schools near 354 West Water Street

This home is within Elmira City School District.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 6
Public - 9
Public - 10 to 12
Rating
School
Distance
Fassett Elementary School
PublicPK to 2

Thomas K Beecher School
Public3 to 6

Broadway Middle School
Public9

Elmira High School
Public10 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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354 West Water Street is a multi-family home for sale in Elmira, NY 14905. This property was listed for sale on July 18, 2024 by INNOVATIVE COMMERCIAL ADVISORS, it's currently listed at $72,900. It has been on the market for a total of 128 days and was last sold on September 26, 2011. This listing's school district is Elmira City School District. Nearby schools include Fassett Elementary School, Thomas K Beecher School and Broadway Middle School. 354 West Water Street is a 5-bed, 3-bath, 3,463 sqft multi-family home built in 1875.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of INNOVATIVE COMMERCIAL ADVISORS

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.