7 Tompkins St

For Sale

7 Tompkins St, Binghamton, NY 13903

This Binghamton property for sale is located at 7 Tompkins St. The current listed sale price for 7 Tompkins St is $1,100,000. 7 Tompkins St is situated on a lot that is 0.78 acre in size.

Contacts

broker

James Lucenti

SVN | Innovative Commercial Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 9,744 SF
  • Units 20
  • Lot Size 0.78 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1940
  • Date Updated Nov 13, 2024
Close to Mirabito Stadium, this property offers easy access to the bus line and is just a short drive from Downtown Binghamton's vibrant attractions. Residents can enjoy a dynamic mix of cultural and recreational activities, from diverse restaurants and shopping outlets to lively nightclubs. The neighborhood is enhanced by the scenic beauty of the Chenango River and the academic prestige of Binghamton University. With convenient proximity to local dining, entertainment, and shopping destinations, this property ensures both ease and a high quality of life for its residents.SVN Innovative Commercial Advisors presents a prime investment opportunity with the sale of this all-brick exterior 5-building complex, featuring 20 units and ideally situated near downtown Binghamton. The property is conveniently located on the bus line and within walking distance of Court Street. Each building offers one 2-bedroom apartment (approximately 558 sq. feet) and three 1-bedroom apartments (approximately 475 sq. feet). The complex includes an off-street parking lot at the back and garage spaces available for $50 per month. Additionally, coin-operated laundry facilities in the basement provide extra income potential. The apartments are generously sized with ample natural light. Updates include replacement windows in two buildings, and conversion of half the complex to electric baseboard heat. Tenants are responsible for electric costs, while the landlord covers gas. Value-add opportunity with renovations and potential to increase rents. The property has been under the same ownership for the past 12 years, with a refinance in 2021 and a recent switch to LLC.

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Highlights

  • -Close to downtown Binghamton and bus line
  • -Off street parking.
  • -Solid rental history.
  • -Value-Ad opportunity

Attachments

Getting around

  • 39/100

    Walk Score ®

  • 59/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Binghamton, NY
  • Zip Code 13903

Points of Interest

  • Speedway

    0.40 miles

  • Citgo

    0.49 miles

  • Gulf

    0.63 miles

  • Sunoco

    1.23 miles

  • Mirabito

    1.26 miles

  • Tesla Supercharger

    3.13 miles

  • Lot UDC

    1.05 miles

  • UHS Summit Building Parking

    1.29 miles

  • Binghamton General Hospital Parking

    1.33 miles

  • UHS Parking

    1.41 miles

  • BAGSAI Parking

    2.38 miles

  • Lot HSC2

    3.06 miles

  • Lot HSC1

    3.18 miles

  • Lot J

    3.25 miles

  • The Grand Royale Hotel

    0.84 miles

  • DoubleTree

    0.95 miles

  • Holiday Inn Binghamton Downtown

    1.02 miles

  • Red Roof Inn Binghamton North

    1.79 miles

  • Econo Lodge

    1.82 miles

  • Fairfield Inn Marriott

    2.13 miles

  • Del Motel

    2.20 miles

  • Microtel Inn & Suites by Wyndham Binghamton

    2.83 miles

  • Comfort Inn

    2.87 miles

  • Motel 6

    2.92 miles

  • Weis

    0.43 miles

  • Boscov's

    0.98 miles

  • Plaza 5

    1.21 miles

  • A-1 Grocery & Halal Meat

    1.70 miles

  • Big Lots

    2.04 miles

  • Price Chopper

    2.14 miles

  • Walmart Supercenter

    2.81 miles

  • Walmart

    2.91 miles

  • Maines Food & Party Warehouse

    2.95 miles

  • NOOR Halal Food & More

    3.09 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

James Lucenti

SVN | Innovative Commercial Advisors