Paul Obrien

Great opportunity to own a solid 4-unit multi-family property in Elmira. Three units are currently occupied by long term tenants, providing immediate income, while the fourth unit is gutted (construction materials on-site convey) and ready for the next owner to complete for additional income. Tenants enjoy the convenient location, access to public transportation, and on-site coin operated laundry

Fully occupied 4-unit with immediate income and clear upside. This long-held investment property has been operated conservatively, with long-term occupancy and current gross annual income of nearly $30,000. Rents appear to be below current market potential, giving the next owner an opportunity to improve performance over time through gradual rent increases and expense review. Features include