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1050 Pennsylvania Ave Portfolio 4 Properties Offered at $675,000 in Elmira, NY
Investment Highlights
- 20,000+ sq. ft. of interior space across two levels and additional buildings
- Unfinished lower-level area offers additional expansion potential
- Leased business onsite provides immediate income
- Originally the Olthoff Funeral Home – rich local history and landmark presence
- Two living quarters — perfect for onsite management, rental income, or guest accommodations
- Large parking lot with 8 designated leased spaces and visitor parking
Executive Summary
Property comes with no business except for the Teamsters Local #118 at 1014 Pennsylvania Avenue, Elmira, NY 14904
Taxes & Operating Expenses (Actual - 2024) Click Here to Access |
Annual |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
Taxes & Operating Expenses (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
Property Facts
| Price | $675,000 | Number of Properties | 4 |
| Price / SF | $31.75 / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 21,257 SF |
| Status | Active | Total Land Area | 1.13 AC |
| Price | $675,000 |
| Price / SF | $31.75 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 21,257 SF |
| Total Land Area | 1.13 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Parking Lot
1054 Pennsylvania Ave, Elmira, NY 14904 |
Land | 0.19 AC | - | - |
| 1014 Pennsylvania Ave, Elmira, NY 14904 | Office | 1,200 SF | 1965 | - |
|
Olthof Funeral Home
1050 Pennsylvania Ave, Elmira, NY 14904 |
Retail | 11,909 SF | 1952 | - |
|
Duplex with garage and crematorium
937-939 Sycamore St, Elmira, NY 14904 |
Retail | 8,148 SF | 1950 | - |
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1050 Pennsylvania Ave Portfolio
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