$189,999

1103-1105 College Ave Elmira, NY 14901

Estimated payment $1,385/month

Total Views 420
6 Beds
2 Baths
2,720 Sq Ft
$70 Price per Sq Ft

Highlights

  • Property is near public transit
  • Forced Air Heating System
  • Rectangular Lot
  • Wood Flooring
  • 2 Car Garage
  • 5-minute walk to Pulaski Park

About This Home

This duplex at 1103–1105 College Ave is a rare opportunity to secure both immediate income and long-term growth in one of Elmira’s most desirable rental corridors. With one unit currently rented month-to-month at $950, investors benefit from steady cash flow from day one. The second unit has just been finalized, offering flexibility for an owner-occupant or the ability to lease at market rates of $1,200–$1,400, significantly increasing gross rental income potential. The property’s location is a major driver of demand: just minutes from LECOM Medical School and Arnot Ogden Medical Center, ensuring a consistent tenant pool of medical students, residents, and healthcare professionals. This proximity translates into strong rental stability and premium rates compared to other Elmira neighborhoods. With projected gross rents of $2,150–$2,350 per month, investors can achieve attractive returns while benefiting from a property that is already cash-flowing. The duplex’s updated finishes, spacious layouts, and professional presentation—including a 3D tour—make it easy to attract quality tenants and minimize vacancy. Whether you’re seeking a turnkey addition to your portfolio or a smart owner-occupant strategy with rental support, this property delivers a compelling blend of location, income, and appreciation potential.

Listing Agent

Andrew Mitchell

Listing by Keller Williams Realty Southern Tier & Finger Lakes License #10401383540 Listed on: 11/14/2025

Keller Williams Realty Southern Tier & Finger Lakes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,606

Year Built

  • Built in 1929

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 94x150
  • Rectangular Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Common or Shared Parking

Home Design

  • Duplex
  • Block Foundation
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 2,720 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 17
  • Assessor Parcel Number 070400-089-006-0003-017-000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Operating Expense $9,750
  • Gross Income $25,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,606

Year Built

Built in 1929

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Multi Family
  • Property Type: Residential
  • Year Built: 1929
  • Lot Features: Near Public Transit, Rectangular, Rectangular Lot, Residential Lot
  • Road Frontage Type: City Street
  • Directions: Turn right from church st to north main and travel for 1.2 miles and the property will be on the left
  • Architectural Style: Duplex
  • Flooring: Hardwood, Varies, Vinyl
  • Garage Yn: Yes
  • Unit Levels: Two
  • Year Built Details: Existing
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Basement: Full
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Stories: 2
  • Stories: 2

Exterior Features

  • Acres: 0.3241
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Block, Slab

Garage/Parking

  • Garage Spaces: 2.0
  • Parking Features: Common, Parking Available

Utilities

  • Heating: Gas, Forced Air
  • HeatingYN: Yes
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Water Source: Connected, Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Junior High Dist: Elmira

Lot Info

  • Parcel Number: 070400-089-006-0003-017-000-0000
  • Lot Dimensions: 94X150
  • Lot Size Sq Ft: 14118.0
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units In Community: 2
  • Number Of Units Total: 2
  • Annual Gross Income: 25800.0
  • Annual Operating Expense: 9750.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4606.0
  • Tax Lot: 17

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2025 11/14/25 For Sale $189,999 -- $70 / Sq Ft
Source: Elmira-Corning Regional Association of REALTORS®

About the Listing Agent

Andrew Mitchell

Listing by Keller Williams Realty Southern Tier & Finger Lakes

(607) 669-2080

Section Image

I'm Andrew "Drew" Mitchell, agent with Hughes Structures Real Estate Team at Keller Williams, and I specialize in providing a complete, Full-Service Solution for home buying, selling, and real estate investment across Chemung, Steuben, and Schuyler Counties.

I am not just a real estate agent; I am a builder and a long-term partner.

My team offers a unique advantage rooted in construction and finance that most agents simply can’t match:

In-House Construction Expertise: I own

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Source: Elmira-Corning Regional Association of REALTORS®

MLS Number: R1651002