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912 Magee Street, Elmira, NY 14901

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For Sale

$114,900

4 beds • 2 baths • 1 half baths • 1,769 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Newly Listed
    Time on Century 21

  • $64.95
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

Income-Generating Up/Down 2-Unit Near Elmira College! Versatile Multi-Family Home. This meticulously maintained, move-in ready 2-unit is perfect for investors seeking immediate rental income, multi-generational families, or an owner-occupant looking to offset their mortgage. LOWER UNIT (Vacant & Ready for Owner/Tenant): The spacious first-floor unit features two bedrooms, a full bath (with a stackable washer/dryer), and a small half-bath located in the primary bedroom. This unit boasts multiple living areas, including a main living room, a cozy rear family room with a wood stove for supplemental heat, and an enclosed front room, ideal for a home office or business. The large eat-in kitchen offers plenty of counter and cupboard space. UPPER UNIT (Vacant & Ready for Income): The second-floor apartment is spacious and move-in ready, featuring two bedrooms and its own separate front entrance. Although the unit does not have in-unit laundry, the location is highly convenient, situated close to public transportation and just a short distance from Elmira College. INVESTMENT & PROPERTY DETAILS: This property is currently vacant, offering the buyer flexibility for immediate occupancy or tenant placement. Estimated rental potential is strong: Lower Unit: $800-$1,000 and Upper Unit: $700-$900. Exterior: Features a newer roof and a small, manageable yard. Parking: Includes a recently repaved shared driveway (parking typically designated for the lower unit) with ample on-street parking available for the upper unit. Crucial Note: Utilities are NOT separated, as there is only one utility meter for the property. Don't miss this opportunity to acquire a well-maintained, flexible, and income-producing asset! Schedule your showing today.
MLS# R1646787

Courtesy Of Keller Williams Realty Southern Tier & Finger Lakes

(607) 795-2900

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Fireplace
    Fireplace
  • Floor Covering
    Carpet, Tile
  • Heating System
    Forced Air
  • Lot Size
    0.07 Acres
  • Roof Type
    Metal
  • Rooms
    Basement

Map and Directions

Directions to 912 Magee Street, Elmira, NY 14901

Home seller CENTURY 21 North East

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CENTURY 21 North East

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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.

† 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.