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355 Walnut Street, Elmira, NY 14901

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For Sale

$110,000

4 beds • 2 baths • 1 half baths • 1,864 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • $59.01
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Investment Opportunity - Duplex with Strong Cash Flow & Upside Potential! This spacious duplex features two large 2-bedroom units with solid rental income and over $25,000 in recent improvements. The left unit is especially roomy, offering 1.5 bathrooms and extra living space. Currently rented at $1,125 per side ($2,250/month gross), this property has already generated over $17,000 in 2025 income. Utilities are included under existing leases but could be restructured to boost your net operating income. Two spacious 2BR units Over $25K in updates since purchase in 2024 Long-term tenants in place Gross rents: $2,250/month with room to increase Potential to separate utilities for higher returns Strong bones and a layout that supports rent increases with further improvements
MLS# R1643372

Courtesy Of Keller Williams Realty Southern Tier & Finger Lakes

(607) 795-2900

Property Features

  • Age
    Over 50 Years Old
  • Floor Covering
    Laminate, Hardwood
  • Heating System
    Forced Air

Map and Directions

Directions to 355 Walnut Street, Elmira, NY 14901

Home seller CENTURY 21 North East

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CENTURY 21 North East

(607) 757-2100
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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.