111 Oak St

For Sale

111 Oak St, Binghamton, NY 13905

This Binghamton property for sale is located at 111 Oak St. The current listed sale price for 111 Oak St is $799,000. 111 Oak St is situated on a lot that is 0.1 acre in size.

Contacts

broker

Matthew Karlgut

SVN | Innovative Commercial Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 8,640 SF
  • Units 12
  • Lot Size 0.1 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1965
  • Date Updated Nov 20, 2024
Downtown Binghamton is known to be a thriving area of Student Housing. Neighboring approximately 1,300 Student beds this is a prime strategic location to benefit from this thriving market. Just one building from Main St and one block from the Court St Bridge this is walking distance to all of Downtown Binghamton's Restaurants, shops and amenities. This location has a very walkable score of 85. This is a rare R-3 zoning opportunity in a market with a high barrier to entry.Presenting a rare and unique opportunity to own this solid Brick 12 unit, 18 Bed complex in Binghamton, NY. Downtown Binghamton is known to be a thriving area of Student Housing. Neighboring approximately 1,300 Student beds this is a prime strategic location to benefit from this thriving market. Just one building from Main St and one block from the Court St Bridge this is walking distance to all of Downtown Binghamton's Restaurants, shops and amenities. This location has a very walkable score of 85. This is a rare R-3 zoning opportunity in a market with a high barrier to entry. This is currently leased to families with significant potential to convert to Student housing. This building is priced to sell with existing positive cash flow and significant value add potential. All rents are below market.

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Highlights

  • Zoned for student housing (R-3)
  • 1 Block To Downtown
  • 18 Bedrooms
  • Great Cash Flow
  • Massive Upside Potential

Attachments

Getting around

  • 85/100

    Walk Score ®

  • 75/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Binghamton, NY
  • Zip Code 13905

Points of Interest

  • Speedway

    0.08 miles

  • Sunoco

    0.17 miles

  • Mirabito

    0.81 miles

  • Gulf

    0.88 miles

  • Citgo

    1.66 miles

  • Tesla Supercharger

    3.30 miles

  • Lot UDC

    0.37 miles

  • Binghamton General Hospital Parking

    0.88 miles

  • UHS Summit Building Parking

    0.94 miles

  • UHS Parking

    1.02 miles

  • Lot HSC2

    1.93 miles

  • Lot J

    2.02 miles

  • Lot HSC1

    2.03 miles

  • Lot J1

    2.09 miles

  • Holiday Inn Binghamton Downtown

    0.30 miles

  • DoubleTree

    0.32 miles

  • The Grand Royale Hotel

    0.43 miles

  • Red Roof Inn Binghamton North

    1.80 miles

  • Microtel Inn & Suites by Wyndham Binghamton

    1.86 miles

  • Econo Lodge

    1.87 miles

  • Residence Inn

    1.95 miles

  • Fairfield Inn Marriott

    2.27 miles

  • Quality Inn & Suites

    2.79 miles

  • Comfort Inn

    3.04 miles

  • Boscov's

    0.26 miles

  • A-1 Grocery & Halal Meat

    0.50 miles

  • Plaza 5

    0.76 miles

  • Big Lots

    0.91 miles

  • Weis

    0.94 miles

  • Price Chopper

    1.02 miles

  • Walmart Supercenter

    1.76 miles

  • Walmart

    1.82 miles

  • NOOR Halal Food & More

    1.93 miles

  • Dollar Depot

    2.17 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.

Contact Listing Broker

broker

Matthew Karlgut

SVN | Innovative Commercial Advisors