16 Hampton Street

550 - Elmira Elmira N3B 1X9

Opportunity Awaits! Legal dwelling conversion to 3 units (triplex) overlooking downtown Elmira! Don't miss this charming century-old home offering strong income potential. Two separate 1BR/1BA apartments plus a primary unit provide flexibility to live in one and rent the others, or rent all three for estimated gross income of at least $5,000/month. Features of the home include a large welcoming front porch and upper balcony, updated eat-in kitchen with white cabinetry and granite counters, formal dining room, living room, office/den, original wood floors and natural wood staircase. Three spacious bedrooms, two full bathrooms, walk-up attic space oozing with potential, and a large finished rec room with gas fireplace. Property features an addition to the back of the home where you'll find an attached oversized deep garage and 2 separate apartments with their own storage space and separate entrances; Apartment unit 1 was fully renovated in 2022 and vacant as of May 1 allowing you to pick your own tenant; second unit rented month-to-month with long-term tenant. Outside provides ample parking, private partially fenced yard with interlocking patio and storage shed. Mechanical upgrades: furnace and central air replaced in 2019, owned water heater 2025. This one is a must see! Book your showing today and start earning where you live tomorrow.