708 Linden Place, Elmira, NY 14901 | MLS #R1692728 | HUNT Real Estate
 
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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!

Source: New York Alliance, MLS#: R1692728

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  • Property Type
    Residential Income
  • Lot
    0.17 acres

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  • Median Age
    37
  • Population Density
    408
  • College Educated
    23%
  • Estimated Median Income
    $33,783
  • Estimated Total Home Owners
    2,923
  • Estimated Total Renters
    2,461
  • Owner / Renter Divide
    54% / 46%
  • Estimated Average Household Size
    2
  • Total Population
    15,581
  • 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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