708 Linden Place, Elmira City, NY 14901
Chemung County
Key Facts
Description
Turnkey, High-Yield Cash-Flow Generator in Elmira! Attention investors looking to maximize net operating income: this fully occupied multi-family property is a premier addition to any portfolio, currently generating a strong gross revenue of $4,225 per month. In an incredible operational advantage, each tenant is fully responsible for their own separate electric and gas utilities, heavily insulating your bottom line from fluctuating energy costs and keeping landlord overhead to a bare minimum. Featuring a stable rental history and a highly convenient location near local amenities and regional transit, this asset represents immediate, optimized yield from day one. Perfect for investors executing a 1031 exchange or looking to scale their presence in the tight Southern Tier rental market with a low-friction, high-performance property. Financials and stable tenant history are available upon request. Schedule your portfolio review today!
Property Information
Property Type
Residential
Sub-Type
Multi Family
Year Built
1952
Stories
3
Living Area
3,536 sq ft
Lot Size
0.17 acres
Lot Dimensions
50X144
Days on Market
3
MLS® Listing#
R1692728
Property Features
- Appliances:
- Gas Water Heater, Water Heater
- Heating:
- Forced Air, Natural Gas
- Flooring:
- Carpet, Hardwood, Varies, Vinyl
- Basement:
- Partially Finished
- Lot Features:
- Rectangular Lot
- Construction:
- Wood Siding
- Foundation:
- Stone
- Roof:
- Shingle
- Utilities:
- Electricity Connected, Sewer Connected, Water Connected
- Water Source:
- Public
HOA & Tax
- Annual Tax:
- $4,051
- Assessed Value:
- $41,000
- Parcel #:
- 070400-089-008-0002-004-000-0000
Affordability Calculator
$35,800
Estimated monthly payment
$953/mo
Principal $143,200 · Est. interest $199,777 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Elmira City, NY
- $254,000
- Median Listing Price
- 51
- Median Days on Market
- 1,734
- Median Sq Ft
- $127
- Median Price / Sq Ft
- 639
- Active Listings
- This home’s price is 30% below the area median.
- Its price per sq ft is 60% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Elmira City, NY.
Location
- 708 Linden Place, Elmira City, NY 14901
Nearby Schools
Diven Elementary School
Elementary · 0.4 mi away
Ernie Davis Community Center
Elementary · 0.5 mi away
Finn Academy: an Elmira Charter School
Elementary · 0.5 mi away
Beecher Elementary School
Elementary · 0.7 mi away
Holy Family Middle School
School · 1.0 mi away
Fassett Elementary School
Elementary · 1.2 mi away
Riverside Elementary School
Elementary · 1.3 mi away
Elmira City School District
School · 1.6 mi away
Ernie Davis Academy
School · 1.6 mi away
Coburn Elementary School
Elementary · 1.6 mi away
Thomas A Edison High School
Secondary · 1.8 mi away
Elmira Heights Central School District
School · 1.8 mi away
Holy Family Elementary School
Elementary · 1.8 mi away
Family Enrichment Center
School · 1.8 mi away
Cohen Middle School
Secondary · 1.9 mi away
Cohen Elementary School
Elementary · 1.9 mi away
Elmira High School
Secondary · 2.4 mi away
Hendy Elementary School
Elementary · 2.8 mi away
Notre Dame High School
Secondary · 2.9 mi away
Broadway Elementary School
Elementary · 3.1 mi away
Commute Calculator
Nearby Homes
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Moving Cost Estimate
EXIT Agents in Elmira City
Listing Courtesy: Keller Williams Realty Southern Tier & Finger Lakes - 6077952900
Presented by: Andrew Mitchell
IDX information is provided exclusively 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. This data is deemed reliable by is not guaranteed accurate by the MLS.
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Fair Housing NoticeLast Updated: 2026-06-26