$178,000

615 West Gray Street, Elmira City, NY 14905

  • 6 beds |
  • 4 baths |
  • 3,089 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1890
  • Property Lot Size Icon0.25acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $58/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

Turn-key 3-unit investment property offering immediate rental income with all units fully leased. Each apartment features two bedrooms, hardwood floors, and distinctive historic character from the home’s circa-1860 origins, including exposed brick, built-ins, and timeless architectural details. The property features a versatile layout with one spacious two-story unit and two over/under apartments, providing flexibility and broad rental appeal. All three units are currently leased, delivering immediate cash flow from day one. Outside, enjoy a flat, partially fenced yard and large porches in the front—ideal for tenant use and easy maintenance. The combination of historic charm, solid tenancy, and functional layout makes this a compelling addition to any investment portfolio. A rare chance to own a turn-key, income-producing property with character and long-term rental demand.

Listing Status:
Pending
Date Added:
December 19, 2025 at 06:00AM
Listing Office:
Keller Williams Realty Southern Tier & Finger Lakes : (607) 795-2900
Listing Agent:
Daniel J. Mower : (607) 207-6257
MLS ID:
R1655061
  • General: Ceiling Fan(s)
  • Appliances: Gas Water Heater
  • Laundry: Washer Hookup
  • Basement: Full
  • Flooring: Ceramic TileHardwoodLaminateVaries
  • A/C: OtherSee RemarksWindow Unit(s)
  • Heating: GasOtherSee RemarksForced Air
  • Fireplace: Fireplaces: 0
  • General: Fence
  • Style: Triplex
  • Parking: Two or More Spaces
  • Roofing: Shingle
  • Windows: Thermal Windows
  • General: Wood Siding2Stone
  • Road/Access: City Street
  • Originating MLS: NYS_EC
  • School District: Elmira
  • County: Chemung
  • Zoning: 070400-099-006-0001-040-000-0000
  • Fencing: Partial
  • Utilities: Sewer ConnectedWater Connected
  • Water: ConnectedPublic
  • Sewer: Connected
  • Source: NYS_EC

This listing courtesy of Daniel J. Mower, Keller Williams Realty Southern Tier & Finger Lakes

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

P

Parley Coburn School

216 Mount Zoar St, Elmira, NY, 14904

Grades 3-6

0.87 miles away

E

Ernie Davis Academy

933 Hoffman St, Elmira, NY, 14905

Grades 7-8

0.92 miles away

E

Elmira High School

777 S Main St, Elmira, NY, 14904

Grades 10-12

1.65 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.