Terrace By The River Apartments — Sale in Elmira, NY

  • Price: $1.2M
  • Listing type: For sale
  • Asset type: Business
  • Location: Elmira, NY 14901

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Description

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.

Market Context

This multi unit in Elmira, NY is listed for sale at $1,195,000. Compare it against other multi unit listings for sale in Elmira, NY — view the full market.

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