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Richard Fontana
REALTOR®, Lic. Real Estate Associate Broker
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450 Riverside Avenue, Elmira, NY 14904

$150,000
  • 450 Riverside Avenue, Elmira, NY 14904 Main Photo

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New to the Market Active
BEDS6 BATHS4 full SQUARE FEET4,769 MLS#R1685020
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLElmira

Property Description

Excellent investment opportunity with strong rental history and immediate cash flow potential. This fully occupied 5-unit property sits on a desirable corner lot and features long-term tenants, all currently on month-to-month leases, offering flexibility for future rent adjustments or management strategies. The building includes a convenient coin-operated laundry area on the first floor, providing additional income potential. With consistent occupancy, this property is ideal for investors looking to expand their portfolio with a turnkey multi-family asset offering steady income and upside potential. Don't miss this rare opportunity to own a solid income-producing property.

450 Riverside Avenue | MLS# R1685020

This multi-family property located at 450 Riverside Avenue, Elmira, NY 14904 is currently listed for sale with an asking price of $150,000. Riverside Avenue is located within the Elmira school district. Search Elmira real estate on rfontana.mjpeterson.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Full
Heating: Gas, Forced Air
Lot Size: 0.14 Acres
Stories: 2.0
Taxes: $89,097
Year Built: 1949

Feature Descriptions

Appliances: Gas Water Heater
Days on Site: 6
Exterior: Wood Siding
Flooring: Hardwood, Laminate, Varies
Lot: Corner Lot, Near Public Transit, Rectangular, Rectangular Lot
Lot Dimensions: 50X125
Parcel#: 070400-099-008-0006-011-000-0000
Parking: Two or More Spaces
Parking Notes: Two or More Spaces
Sewer: Connected
Units: 5
Utilities: Sewer Connected, Water Connected
Water: Connected, Public

Local Schools

School District: Elmira

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty Southern Tier & Finger Lakes
Agency Phone: (607) 795-2900

Shown By

Agent Name: Richard Fontana
Agent Phone: (716) 605-2829
Agency Title: MJ Peterson Real Estate

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Estimated Payment

$ 7,802.33 per month $333.83 Principal & Interest $7,424.75 Property Tax $43.75 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 12:26:45 AM EST) or New York State Alliance MLS (last updated Wed 06/03/2026 12:23:21 AM EST). Real estate listings held by brokerage firms other than MJ Peterson Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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