Investment Property
Terrace By The River Apartments
511 Water Street West, Elmira, NY 14901 United States
OVERVIEW
30 unit apartment building within 3 buildings. 10 - one bedroom and 20 - 2 bedrooms. Separate electric for each unit paid by Tenant. Refrigerator and stove included for each apartment, Most units are heated by hot water paid for by Landlord and a few have been converted to electric heat that is paid for by Tenant. Upside potential for new Landlord to renovate and get increased rents. Offered at a 10.1% cap rate.
Details
- Building Size:
- SF
- Sale Price:
- $1,195,000 USD
AVAILABILITIES