359 Hoffman Street, Elmira, NY 14905 | MLS #R1693008 | HUNT Real Estate
 
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This well-kept 2-unit apartment building offers a great opportunity for steady rental income in a nice, convenient location. Both units feature 2 bedrooms and 1 full bath, providing comfortable layouts that appeal to long-term renters. The property is currently occupied by reliable, long-term tenants, making it an excellent choice for investors seeking immediate, stable cash flow. Each unit offers practical living space with good natural light and functional floor plans. Great property for expanding your portfolio, or a solid first investment.

Source: New York Alliance, MLS#: R1693008

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  • Property Type
    Residential Income
  • Lot
    0.11 acres

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  • Median Age
    42
  • Population Density
    1,916
  • College Educated
    53%
  • Estimated Median Income
    $65,662
  • Estimated Total Home Owners
    2,449
  • Estimated Total Renters
    1,237
  • Owner / Renter Divide
    66% / 34%
  • Estimated Average Household Size
    2
  • Total Population
    8,330
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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