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Ad #7949820
MLS #R1693198
Listing photo

Mixed-use investment opportunity with over $30,000/year in

2096 College Ave, Elmira, New York, 14903
$239,900
5Beds
4Baths
2,466Sqft
0.193Acres

About this property

Mixed-use investment opportunity with over $30,000/year in current rental income and additional upside from a 4th unit! This well-maintained property features 3 income-producing residential units in the main building, each with a private entrance, plus a detached garage ADU that, with just a couple finishing projects, could generate an additional $800/month or more. Zoned for both commercial and residential use, the property offers excellent flexibility for investors, owner-occupants, or entrepreneurs. Formerly home to Angela's Hair Salon, the building has been thoughtfully converted to residential use while retaining the potential for future commercial use. The 1st floor includes a 2-bedroom apartment with laundry hookup and vaulted ceilings, plus a studio apartment with vaulted ceilings, kitchenette, walk-in shower, and flexible living space. Upstairs is a 1-bedroom apartment with separate utilities and its own furnace. The lower rear unit is handicap accessible with ramp access. Everything is in great shape and well maintained. A large paved parking lot accommodates approximately 12 cars and includes exterior lightingmercial signage on the front and side of the building conveys with the sale. The basement offers 2 laundry hookups and additional finished space formerly used as a salon break room, complete with electricity and a sink, providing flexibility for storage, tenant amenities, or future use. The detached garage ADU is a hidden bonus. Take a look at the photos-who would have guessed a secret studio could be so gorgeous? All it needs is a range and completion of the bathroom to become a possible 4th unit. Current rents: Unit A $975/month (utilities included), Unit B $763/month plus utilities, and Unit C $800/month (utilities included). Unit D, the garage ADU, has never been rented and offers significant additional income potential. Current rents are below market rates. Add the potential 4th unit and you have true cash flow potential, PLUS the sellers also own the 2-unit next door and may be willing to sell both properties together for the right package price. Showings require 48 hours' notice and must be accompanied by the seller's agent.

Property Features

5 Beds
4 Baths
2,466 Sqft
Built in 1960
0.193 Acres
2 Stories
Siding: VinylSiding, PexPlumbing
Shingle Roof
Forced Air, Electric (Heating), Baseboard, Natural Gas
$4,423 / yr property tax
Chemung County

Additional Photos

Additional listing photo 1
Additional listing photo 2
Additional listing photo 3
Additional listing photo 4

Contact Information

Pamela Pariso

Keller Williams Realty Southern Tier & Finger Lakes

607-742-1350

Location

Map
Listing Agent: Pamela Pariso (License #: 10401278422) 607-742-1350
Broker: Keller Williams Realty Southern Tier & Finger Lakes 607-795-2900 Listing Site
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
BarrierFreeHome.com
Printed Jul 24, 2026

Photo Gallery

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Mixed-use investment opportunity with over $30,000/year in - photo 41
Mixed-use investment opportunity with over $30,000/year in - photo 42
Mixed-use investment opportunity with over $30,000/year in - photo 43
Mixed-use investment opportunity with over $30,000/year in - photo 44
Mixed-use investment opportunity with over $30,000/year in - photo 45
Mixed-use investment opportunity with over $30,000/year in - photo 46
Mixed-use investment opportunity with over $30,000/year in - photo 47
Mixed-use investment opportunity with over $30,000/year in - photo 48

$239,900

5
Beds
4
Baths
2,466
Sqft

2096 College Ave, Elmira, New York, 14903

By contacting this agent you agree to these Terms and Conditions.
Home New York Elmira
Mixed-use investment opportunity with over $30,000/year in - photo 1
Mixed-use investment opportunity with over $30,000/year in - photo 2
Mixed-use investment opportunity with over $30,000/year in - photo 3
Mixed-use investment opportunity with over $30,000/year in - photo 4
Mixed-use investment opportunity with over $30,000/year in - photo 5
MLS# R1693198
Home For Sale

Mixed-use investment opportunity with over $30,000/year in

$239,900

2096 College Ave, Elmira, New York, 14903

5
Beds
4
Baths
2,466
Sqft
0.193
Acres
$239,900
2096 College Ave, Elmira, New York, 14903
5 Beds
4 Baths
2,466 Sqft
0.193 Acres

Accessibility Features

Accessible Approach with Ramp
Mixed-use investment opportunity with over $30,000/year in current rental income and additional upside from a 4th unit! This well-maintained property features 3 income-producing residential units in the main building, each with a private entrance, plus a detached garage ADU that, with just a couple finishing projects, could generate an additional $800/month or more. Zoned for both commercial and residential use, the property offers excellent flexibility for investors, owner-occupants, or entrepreneurs. Formerly home to Angela's Hair Salon, the building has been thoughtfully converted to residential use while retaining the potential for future commercial use. The 1st floor includes a 2-bedroom apartment with laundry hookup and vaulted ceilings, plus a studio apartment with vaulted ceilings, kitchenette, walk-in shower, and flexible living space. Upstairs is a 1-bedroom apartment with separate utilities and its own furnace. The lower rear unit is handicap accessible with ramp access. Everything is in great shape and well maintained. A large paved parking lot accommodates approximately 12 cars and includes exterior lightingmercial signage on the front and side of the building conveys with the sale. The basement offers 2 laundry hookups and additional finished space formerly used as a salon break room, complete with electricity and a sink, providing flexibility for storage, tenant amenities, or future use. The detached garage ADU is a hidden bonus. Take a look at the photos-who would have guessed a secret studio could be so gorgeous? All it needs is a range and completion of the bathroom to become a possible 4th unit. Current rents: Unit A $975/month (utilities included), Unit B $763/month plus utilities, and Unit C $800/month (utilities included). Unit D, the garage ADU, has never been rented and offers significant additional income potential. Current rents are below market rates. Add the potential 4th unit and you have true cash flow potential, PLUS the sellers also own the 2-unit next door and may be willing to sell both properties together for the right package price. Showings require 48 hours' notice and must be accompanied by the seller's agent.
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Property Details

HOME DETAILS

5 Beds
4 Baths
2,466 Sqft
Built in 1960
0.193 Acres
2 Stories

EXTERIOR

Siding: VinylSiding, PexPlumbing
Shingle Roof

INTERIOR

Forced Air, Electric (Heating), Baseboard, Natural Gas

FINANCIAL & COMMUNITY

$4,423 / yr property tax
Chemung County
See More Details

Location

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Ad Statistics

Ad Number
7949820
Viewed
35 times
Listing Status
Active
Added
Jun 23, 2026
Last Refresh
Jul 24, 2026 07:15:10 PM

Listing Information

Data Source
New York State Alliance of MLSs, LLC
Source Property ID
R1693198
Listing Agent: Pamela Pariso (License #: 10401278422) 607-742-1350
Broker: Keller Williams Realty Southern Tier & Finger Lakes 607-795-2900 Listing Site
Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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SERVICES
Buy Buy Advertise
COMPANY
Testimonials About Us Office Locations
SUPPORT
Help Contact Us
ADDITIONAL MARKETS
LakeHouse.com MountainHomes.com BeachHouse.com GolfHomes.com
SUBSCRIBE
Receive notifications for new listings
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Facebook YouTube

Dream Home Network Inc.

is committed to ensuring digital accessibility and property listings for individuals with disabilities. All information provided is deemed reliable but is not guaranteed and should be independently verified. We are continuously working to improve the accessibility of our web experience for everyone, and we welcome feedback and accommodation requests. If you wish to report an issue or seek an accommodation, please let us know.

Dream Home Network Inc. Sells leads to DHN Realty Inc. who holds real estate brokerage licenses in Alabama. Listing agents will be sent notification copy of leads on their listings where Dream Home Network Inc. is provided listings via our Feed Provider as required.

© 1997 - 2026 Wheelchair-accessible Housing & Universal Design Homes at Barrier Free Home
Part of Dream Home Network, Inc.
Last updated on 2026.07.24
Terms & Policy