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451 Market St
Elmira, NY 14901

$899,000 USD

Apartments For Sale  •  25,804 SF

Property Details

  • Property Type Apartments
  • Total Building Size 25,804 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1920
  • Cap Rate 8.69 %
  • Tenancy Multiple
  • Zoning BB
0 Transit Score
75 Walk Score

Highlights

Rare opportunity to invest in a stable, income-generating 17-unit mixed-use property on Elmira’s high-visibility East Market Street.

Financial Summary (Actual)

Net Operating Income: $78,086 USD (2024)
Cap Rate: 8.69 %
Total Expenses: $68,374 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Gas Range
  • Refrigerator
  • Oven
  • Range
  • Walk-Up

Public Transportation

AirportDriveWalkDistance
Elmira/Corning Regional 16 min - 10.0 mi
Ithaca Tompkins International 57 min - 39.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 15
Type: Surface
Included in Rent: Yes
Laura Melville 607-237-6558 Warren Real Estate Greater Binghamton
Laura Melville 607-237-6558 Warren Real Estate Greater Binghamton