375 W 2nd St

Step into a piece of Elmira's history with this charming 1875 duplex, a fantastic investment opportunity located in the heart of the historic Central West Elmira neighborhood. This multi-family home at 375 W 2nd St offers the perfect blend of historic character and modern investment potential, making it a standout property for any savvy investor. This up-and-down duplex is a turnkey rental, currently occupied with month-to-month leases, providing immediate income potential. Each unit features separate utilities, a highly sought-after feature that simplifies management and reduces overhead. With 4-5 bedrooms and 2 bathrooms spread across 2,124 square feet, there is ample space for tenants. Situated in a "Very Walkable" and "Very Bikeable" neighborhood, this property is just a short stroll from the vibrant, revitalizing downtown Elmira, which is benefiting from a $10 million Downtown Revitalization Initiative. The home's location offers easy access to local schools, shops, and the growing number of amenities in the area. The property has shown significant value appreciation, aligning with the city's promising growth trajectory. This is more than just a house; it's an income-generating asset embedded in a community on the rise. Don't miss your chance to own a historic property with proven rental history and strong future potential. Key Features: •Turnkey Investment: Fully occupied up-and-down duplex with month-to-month tenants. •Separate Utilities: Simplifies property management and enhances profitability. •Historic Charm: Beautiful 1875 construction in a historic neighborhood. •Spacious Layout: 2,124 sq. ft. with 4-5 bedrooms and 2 bathrooms. •Prime Location: Highly walkable and bikeable area in Central West Elmira. •Proven Income: Established rental history in a desirable location. •Strong Growth Potential: Located in an area benefiting from significant city-wide investment.