CCertihomes
600 W Gray Street, Elmira City, NY 14905

$80,000

7 beds 5 baths 3,447 sqft Built 18860 days on marketActive

About this home

Multi-Unit Opportunity with Huge Potential – 3 Units (Possible 4) This versatile multi-family property currently features 3 units with the potential to be converted into 4 separate units, maximizing your rental income! Downstairs unit: 3 bedrooms, 2 full baths. Upstairs unit: 2 bedrooms, 1 full bath. Third unit: Can be configured as a spacious 2 bed, 2 bath OR divided into two studio apartments, each with 1 bedroom and 1 full bath. This property also includes a 2-car attached garage for added convenience and value. With the right updates, you can bring this multi-unit back to life and start generating strong rental income.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.15% APR.

Your estimated payment
$2,515/mo

Real estate (PITI + HOA + PMI)
$1,436
Principal + interest$513
Property tax + insurance$893
PMI / 2nd mortgage$30
Utilities
$2,035
Heating + cooling$868
Internet + TV + phone$133
Water + sewer + garbage$58
Transportation
$0
Other (entertainment)
$133
$2,515/mo TLC
Budget$5,000/mo
Remaining after TLC$2,485/mo
Purchase price
$80,000
Down payment
$4,000 (5%)
Loan amount
$76,000
APR
7.15%

Quick facts

Type
MultiFamily
Style
Triplex, Fourplex
Year built
1886
Lot size
0.1593 ac
Stories
3
Heating
Gas, HotWater, Steam
Cooling
Water
Connected, Public
HOA
Annual tax
$8,112
MLS #
R1626914
County
Chemung

At a glance

Basement
Garage (2)

Home features

Appliances
GasWaterHeater
Parking
GravelTwoOrMoreSpacesUnpaved
Flooring
Hardwood, Laminate, Varies, Vinyl
Sewer
Connected

Lot features

Rectangular, RectangularLot, ResidentialLot

Neighborhood — 14905

MetricThis ZIPCountyUSA
Population7,44219,351,094299,088,112
Population Change Since1990-8.00%8.00%20.00%
Population Density1,735395
Male4,4329,381,926147,432,321
Female3,0119,969,168151,655,844
Never Married2,5364,946,39163,775,926
Married2,3397,166,701123,120,365
Separated5541,159,67312,639,686
Widowed4031,110,24515,467,586
Divorced5591,210,44823,075,029
Number Of House Hold2,2967,102,016111,826,380
Average House Hold Size2.432.642.60
Medial Age35.5336.5335.46
Median House Hold Income$44,817$49,847$48,276
Average House Hold Income$58,241$70,032$63,629
P C I$24,426$26,569$24,529
M D I$38,892$42,210$41,133
A T H E$48,308$54,185$50,898
S T R8.00%4.00%
W C J85.61%81.55%77.74%
(Zip) Code
14905

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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Listing information last refreshed 7/31/2025. Provided courtesy of Howard Hanna Corning Denison via Buffalo MLS. Information deemed reliable but not guaranteed.