Contacts

Matthew Karlgut

SVN | Innovative Commercial Advisors

Property Details

Property Type Multi-Family
Property Size 3,323 SF
Units 6
Lot Size 0.87 Acre
Additional Rent Contact for pricing
Property Tenancy Multi-Tenant
Building Class C
Year Built 1965
Year Renovated 2024
Date Updated Dec 17, 2024

Situated in the heart of Binghamton, NY, the location boasts a dynamic mix of charm and modern conveniences. Just minutes away from downtown, tenants can enjoy a bustling business district with a variety of dining options and retail establishments. The area also features a strong sense of community, with access to nearby SUNY Broome, parks and recreational facilities offering opportunities for outdoor activities. Furthermore, with easy access to major highways and public transportation, the property provides a convenient location for employees and clients alike.Introducing a prime investment opportunity in the Binghamton area! All Separate Gas & Electric meters. Owner Pays Heat & Hot Water. This multifamily property offers a well-maintained 3,323 SF building comprised of 6 units, providing a solid income stream for savvy investors. New Roof in 2024 with transferable warranty. Built in 1965 and recently renovated in 2024, the property embodies a perfect balance of vintage charm and modern amenities. Its strategic location in the Binghamton area offers a desirable blend of tranquility and accessibility. Don't miss the chance to add this promising property to your investment portfolio and capitalize on the attractive prospects it presents for multifamily and low-rise/garden investors.

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Highlights

- 3,323 SF building with 6 units
- New Roof in 2024 with transferable warranty.
- All Separate Gas & Electric meters
- Built in 1965, renovated in 2024
- Multifamily investment opportunity
- Updated amenities and modern conveniences
- Strong income
- Prime Binghamton location
- Attractive vintage charm with modern upgrades

Getting around

42/100
Walk Score ®
54/100
Bike Score ®

Powered by Walk Score ®

City Binghamton, NY
Zip Code 13905

Points of Interest

Tesla Supercharger

0.23 miles
Kwik Fill

0.29 miles
Sunoco

0.51 miles
Hess

0.56 miles
Speedway

1.55 miles
Gulf

2.95 miles

BAGSAI Parking

1.31 miles
Lot HSC2

3.63 miles
Lot UDC

3.75 miles
Lot HSC1

3.75 miles
Binghamton General Hospital Parking

4.30 miles
UHS Summit Building Parking

4.32 miles
UHS Parking

4.44 miles
Lot J

4.82 miles

Quality Inn & Suites

0.25 miles
Motel 6

0.45 miles
Comfort Inn

0.50 miles
Fairfield Inn Marriott

1.28 miles
Econo Lodge

1.67 miles
Red Roof Inn Binghamton North

1.74 miles
Microtel Inn & Suites by Wyndham Binghamton

3.03 miles
DoubleTree

3.35 miles
The Grand Royale Hotel

3.56 miles
Holiday Inn Binghamton Downtown

3.65 miles

ALDI

0.17 miles
Maines Food & Party Warehouse

0.42 miles
Price Chopper

1.68 miles
Weis

3.00 miles
Walmart Supercenter

3.28 miles
Big Lots

3.35 miles
Walmart

3.41 miles
A-1 Grocery & Halal Meat

3.48 miles
Boscov's

3.49 miles
Dollar Depot

3.64 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.