Investment Property
For Sale Multi-Unit

Terrace By The River Apartments

511 Water Street West, Elmira, NY 14901 United States
Investment Property
For Sale Multi-Unit

Terrace By The River Apartments

511 Water Street West, Elmira, NY 14901 United States

OVERVIEW

30 unit apartment building within 3 buildings. 10 - one bedroom and 20 - 2 bedrooms. Separate electric for each unit paid by Tenant. Refrigerator and stove included for each apartment, Most units are heated by hot water paid for by Landlord and a few have been converted to electric heat that is paid for by Tenant. Upside potential for new Landlord to renovate and get increased rents. Offered at a 10.1% cap rate.

CONTACT

Details

Building Size:
SF
Sale Price:
$1,195,000 USD

CONTACT

Terrace By The River Apartments

LOCATION

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