Skip to main content
Back to Search Results
|

1103-1105 College Avenue, Elmira, NY 14901

Show All 25 Photos
For Sale

$189,999

6 beds • 2 baths • 2,720 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

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

  • Newly Listed
    Time on Century 21

  • $69.85
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# R1651002

Courtesy Of Keller Williams Realty Southern Tier & Finger Lakes

(607) 795-2900

Property Features

  • Age
    Over 50 Years Old
  • Architecture Style
    Other
  • Floor Covering
    Vinyl, Hardwood
  • Heating System
    Forced Air
  • Lot Size
    0.32 Acres
  • Rooms
    Basement

Map and Directions

Directions to 1103-1105 College Avenue, Elmira, NY 14901

Home seller CENTURY 21 North East

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 North East

(607) 757-2100
Learn More About Us

Mortgage Calculator

$
$ %
Loan Term
%
Invalid number

$ /year
$ /year
$ /month

Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $0

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

An Equal Opportunity Company

Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is 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. Information being provided is 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.

Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

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.