$164,999

1101 College Avenue, Elmira City, NY 14901

6 beds |
2 baths |
2,720 sqft

Multi-Family Home
Built in 1929
4,848sqft lot
—— car garage
$61/sqft
Listed 1 month ago

Property Description

Investors and owner-occupants alike will appreciate this well-kept duplex at 1101 College Ave, offering immediate cash flow and long-term potential. Both units are currently rented month-to-month, with one long-term tenant paying $800 and the other paying $875, providing reliable income from day one. Located just minutes from LECOM Medical School and Arnot Ogden Medical Center, this property sits in one of Elmira’s most sought-after rental corridors, ensuring consistent demand from medical students, residents, and healthcare professionals. The duplex features spacious layouts and updated finishes, making it attractive to tenants and easy to manage. With gross rents of $1,675 per month, this property delivers strong returns while offering flexibility for future rent increases or owner occupancy. Whether you’re expanding your portfolio or seeking a home with built-in rental support, 1101 College Ave is a smart investment in a prime location.

Listing Status:: Active
Date Added:: November 14, 2025 at 06:00AM
Listing Office:: Keller Williams Realty Southern Tier & Finger Lakes : (607) 795-2900
Listing Agent:: Andrew Mitchell : (607) 481-0780
MLS ID:: R1651024

Appliances: Gas Water Heater
Basement: Full
Flooring: CarpetHardwoodVariesVinyl
Heating: GasForced Air
Fireplace: Fireplaces: 0

Parking: Parking Available

General: Vinyl Siding2BlockSlab

Road/Access: City Street
Originating MLS: NYS_EC
School District: Elmira
County: Chemung

Zoning: 070400-089-006-0003-019-000-0000

Utilities: Electricity ConnectedSewer ConnectedWater Connected
Water: ConnectedPublic
Sewer: Connected

Source: NYS_EC

This listing courtesy of Andrew Mitchell, Keller Williams Realty Southern Tier & Finger Lakes

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Diven School

1115 Hall St, Elmira, NY, 14901

Grades PK-2

0.59 miles away

Ernie Davis Academy

933 Hoffman St, Elmira, NY, 14905

Grades 7-8

0.84 miles away

Elmira High School

777 S Main St, Elmira, NY, 14904

Grades 10-12

2.68 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.