$194,000

517-519 Pennsylvania Ave Elmira, NY 14904

$2,304
Closing credit¹
6,834 sqft
$28 / sqft
Multi-Family

Property details

About 517-519 Pennsylvania Ave

Presenting an investment opportunity at 517-519 Pennsylvania Ave, featuring a well-maintained property comprising 8 units. This includes 6 one-bedroom apartments and two two-bedroom apartments, each equipped with updated electrical and plumbing systems for enhanced functionality and convenience. Currently, three one-bedroom units are occupied, generating rental incomes of $650, $575, and $725 respectively. Tenants are responsible for their own electric and gas usage, with each apartment independently metered for utilities. The property is listed at an attractive price point of $199,900. Flexible financing options are available, with the owner offering to hold a first mortgage with a 20% down payment.

Highlights

Home typeMulti Family
StatusActive
Size6,834 sqft
MLS #273857

Summary

  • MLS Number: 273857
  • Office Name: Keller Williams Realty Southern Tier&Finger Lakes
  • Listing Agent: Kelly N. Squires

IDX IDX Disclaimer/Disclosure: The data on this website relating to real estate for sale comes in part from the IDX Program of the Multiple Listing Service of the Elmira-Corning Regional Association of REALTORS®, Inc.

IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate.

2025 © Elmira-Corning Regional Association of Realtors® Multiple Listing Service
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 2/22/2025, 12:16:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of property featuring a balcony and a front lawn

$194,000

517-519 Pennsylvania Ave

$2,304

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 29, 2012
Home Sold
$12,000
Oct 02, 2007
Home Sold
$196,900

Tax history

YearAssessmentProperty Tax
2023$60,000$-
2022$60,000$-
2021$60,000$715
2020$60,000$715
2019$60,000$715
2018$60,000$715

History based on county public records data.

Nearby schools

5

Broadway Elementary School

Public District 3-6

3.1 mi

1000 Broadway St

3

Hendy Avenue School

Public District 3-6

3.1 mi

110 Hendy Ave

2

Parley Coburn School

Public District 3-6

4.4 mi

216 Mount Zoar St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $65,341. Most Elmira, NY residents have annual incomes between $35k-100k. Typical family type is married, no kids. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

29%
<35k
44%
35k-100k
25%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

30%
Single, No Kids
5%
Single, with Kids
45%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
16%
18-34 yrs old
45%
35-64 yrs old
23%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Bass Pro ShopsBass Pro Shops
  • Academy Sports & OutdoorsAcademy Sports & Outdoors
  • Wal-MartWal-Mart

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • ChevroletChevrolet
  • RamRam

What do the neighbors listen to?

  • Classic CountryClassic Country
  • New CountryNew Country
  • OldiesOldies
All data provided by Home Junction and Claritas

Frequently asked questions

Living in Elmira, NY

About 517-519 Pennsylvania Ave

This home is located at 517-519 Pennsylvania Ave in Elmira, NY and zip code 14871. Features: 0 bathroom. It has been listed on Rocket Homes since March 19, 2024 and is currently priced at $194,000.

Elmira, NY housing market in January 2025 saw over 6 listings sold above listed price, more than 4 sold at listed price and over 16 sold below. The number of listings in Elmira, NY increased by 23.9% between December and January 2025. The median list price of listings available in January 2025 was $130,000, while the average time on the real estate market was 50 days.

From Rocket Homes Real Estate and based on county public records data.

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