517-519 Pennsylvania Ave Elmira, NY 14904

Multi-Family (2-4 Units) MLS #: 273857 Courtesy Of Keller Williams Realty Southern Tier & Finger Lakes

$194,000

6,834 sq ft
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Estimated monthly payments: $848/mo.* (recalculate)

Property InformationDescription

Presenting an investment opportunity at 517-519 Pennsylvania Ave, featuring a well-maintained property comprising 8 units. This includes 6 one-bedroom apartments and two two-bedroom apartments, each equipped with updated electrical and plumbing systems for enhanced functionality and convenience. Currently, three one-bedroom units are occupied, generating rental incomes of $650, $575, and $725 respectively. Tenants are responsible for their own electric and gas usage, with each apartment independently metered for utilities. The property is listed at an attractive price point of $199,900. Flexible financing options are available, with the owner offering to hold a first mortgage with a 20% down payment.

Features

  • Amenities: Dock
  • Architecture Style: Other

MAP & DIRECTIONS

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517-519 Pennsylvania Ave, Elmira, NY 14904
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School Information

517-519 Pennsylvania Ave, Elmira, NY 14904

Elementary School
Grades PK-2 | Public School
RIVERSIDE ELEMENTARY SCHOOL
Elmira, NY 14904
409 Riverside Ave
607.­735.3850
Distance: 0.7 mi
Student:Teacher Ratio
20:1
Total Students
394
Elementary School
Grades 3-6 | Public School
PARLEY COBURN SCHOOL
Elmira, NY 14904
216 Mount Zoar St
607.­735.3650
Distance: 0.2 mi
School Rating
D
Student:Teacher Ratio
17:1
Total Students
457
Middle School
Grades 7-8 | Public School
ERNIE DAVIS ACADEMY
Elmira, NY 14905
933 Hoffman St
607.­735.3100
Distance: 2.0 mi
School Rating
D+
Student:Teacher Ratio
14:1
Total Students
921
High School
Grades 9 | Public School
BROADWAY ACADEMY
Elmira, NY 14904
1000 Broadway St
607.­735.3300
Distance: 1.3 mi
Student:Teacher Ratio
11:1
Total Students
425
High School
Grades 10-12 | Public School
ELMIRA HIGH SCHOOL
Elmira, NY 14904
777 S Main St
607.­735.3201
Distance: 0.6 mi
School Rating
D+
Student:Teacher Ratio
18:1
Total Students
1259
Other Nearby Schools Distance Type Grades School Rating
Holy Family Elementary School 0.2 mi Private PK-6
Holy Family Elementary School 0.2 mi Private PK-6
Notre Dame High School 1.2 mi Private 7-12
Broadway Elementary School 1.3 mi Public 3-6 C+
Finn Academy: An Elmira Charter School 1.4 mi Public KG-6 C+
Thomas K Beecher School 1.4 mi Public 3-6 D-
Diven School 2.1 mi Public PK-2
Hendy Avenue School 2.1 mi Public 3-6 D
Fassett Elementary School 2.7 mi Public PK-2
Cohen Elementary School 3.4 mi Public PK-5 D
Thomas A Edison High School 3.4 mi Public 9-12 C-
Cohen Middle School 3.4 mi Public 6-8 C
Pine City School 4.4 mi Public PK-2
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Elmira, NY 14904

Median Age: 39.6
Married: 36%
Number of Households: 6,523
Households with Children: 30.2%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Elmira-Corning Regional Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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.