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1736 Grand Central Ave, Elmira, NY, 14903

2beds
2baths
1,432sqft
$75,000
$52price/sqft
$785/moest. monthly cost
$31,400/yrincome needed

About This Home

Investment opportunity in the Elmira Heights School District. This two-unit multi-family home features two 1-bedroom, 1-bathroom apartments, offering an ideal setup for investors or owner-occupants looking to offset expenses with rental income. Whether you're expanding your portfolio or seeking a property with income-generating potential, this duplex offers flexibility and long-term value.

Getting Around

62
WalkingSomewhat Walkable
0
TransitVery Limited Transit
49
BikeSomewhat Bikeable

Schools

3/10
Cohen Elementary SchoolGrades PK-50.9 mi
5/10
Cohen Middle SchoolGrades 6-80.9 mi
4/10

Construction

Condition

  • Property condition: Resale
  • Year built: 1920

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Full

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Other,See Remarks

Heating

  • Heating features: Gas,Hot Water,Radiator(s)

Interior Area

  • Total structure area: 1,432
  • Total interior livable area: 1,432 sqft

Property

Details

  • Parcel number: 07340307900600060570000000
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Exterior features: Enclosed Porch,Porch

Lot

  • Lot size: 5,758 sqft
  • Features: Rectangular,Rectangular Lot,Residential Lot
  • Lot size dimensions: 48 x 120

Parking

  • Total spaces: 1
  • Parking features: Garage,No Driveway
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Tornado

FEMA Declared Disasters in Chemung County and New York

Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $379$4,548
Home Insurance *$35$420
Property Taxes $125$1,500
Electricity $246$2,954
Total$785$9,420
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$26,914/yr
40% on housing$23,550/yr
45% on housing$20,933/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 2.2%
2.2%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$52This listing

vs Other Active Listings

Avg $/sqft

ZIP 14903$101
Chemung County$88

vs Homes Sold Last Month

Median $/sqft

ZIP 14903$128
Chemung County$98

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-13Price change$64,500
2026-07-15Listed for sale$75,000
2015-01-31Listing removed$600
2015-01-14Listed for rent$600
2014-10-08Listing removed$600
2014-09-19Listed for rent$600
2014-04-28Sold$36,000
2014-02-18Listed for sale$49,900
2013-07-30Listing removed$600
2013-05-23Listed for rent$600

For Sale by Agent

AgentJennifer Silata
BrokerageHoward Hanna Corning

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