Listed price in listed location currency (USD).
$240,000

730

MLS® R1700720

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential
Size 3980 sqft
Garage 
Taxes $4,004
Days Active 4
Lot Size 0.33 Acres
Approx. Age 1890
Avg. Price Per Sqft $60
MLS® Number R1700720

Property Address: 514 W Church, Chemung, NY, 14901

Average square foot calculated using Size range provided by listing agent.

Description

Calling all investors! This well-maintained multi-family property is a fantastic opportunity to add a stable, income-producing asset to your portfolio. Currently generating approximately $34, 000 in annual rental income, the building is fully occupied with long-term tenants, providing immediate cash flow from day one. With below-market rents, there is excellent potential to increase income over time. An added bonus is the expansive unfinished top floor, offering the opportunity to create two additional apartment units (subject to municipal approvals), significantly increasing the property’s earning potential. Whether you’re looking for a turnkey investment with reliable tenants or a value-add project with room for substantial growth, this property offers both. Don’t miss your chance to own an investment with immediate returns and exceptional upside potential.
MLS® NumberR1700720
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1890
BasementFull, Walk Out Access
DrivewayCommon, Gravel
Garage Spaces
HeatElectric, Baseboard
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 23, 2026List Date
$240,000List Price
  • Commute

Commute

Starting Address
Destination Address
514 W Church, Chemung, NY

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