Classic walk up, twelve plex apartment building beckons for your immediate attention! Concrete (cast/block masonry) building. Can not build for list price. Very few come available on MLS in Elmira - maybe one every five or six years.

Take the risk out of this purchase: building comes to you very well documented with a Pinchin Phase I Environmental (2024, clean), Pinchin Building Condition Assessment (2024). Life Safety Systems Update/Certificate (2024).

Opportunity to increase rents significantly over time. Property may qualify for CMHC MLI Select program under the Affordability Criteria ? with the best rates and amortizations currently available. Individual electrical meters ? tenants pay electricity.

Cap ex: modernized hallways with carpet tile, commercial water heaters (2023), sloped asphalt roof (2017). Building?s back windows (2020), Building?s front windows (2015/2016 approximately). Balcony doors (2019/2020)

Great low density rental area. Good tenant profile. Easy building to add to your existing portfolio. Opportunity abounds! Call your favourite REALTOR today and let?s book a showing.