Whitney Point Prime 5-Unit Investment

For Sale

6 Dedrick Hill Rd, Binghamton, NY 13905

This Binghamton property for sale is located at 6 Dedrick Hill Rd. The general use of Whitney Point Prime 5-Unit Investment is multi-family and it incorporates 7,000 square feet of class C multi-family space. The current listed sale price for Whitney Point Prime 5-Unit Investment is $387,500. Whitney Point Prime 5-Unit Investment is situated on a lot that is 0.71 acre in size.

Contacts

broker
Steph Jacobson

Yaman Commercial Industrial

Property Details

  • Property Type Multi-Family
  • Property Size 7,000 SF
  • Units 5
  • Lot Size 0.71 Acre
  • Building Class C
  • Year Built 1950
  • Date Updated Mar 5, 2025
Located in the Whitney Point School District, this massive 5-unit multi-family property sits just 7 miles from Upper Front Street, offering easy access to shopping, dining, and major roadways. Positioned in a growing rental market, this property presents a fantastic investment opportunity with strong income potential.Opportunity knocks with this HUGE 5-unit multi-family home in the Whitney Point School District! Located just 7 miles from Upper Front Street, this property is in the middle of a complete renovation, with so many new features that will make life and maintenance so much easier for the new owner. This includes brand new electric with each unit having its own 100-amp panel box, new heating units, new plumbing, updated septic, almost all new windows and doors, and many more renovations on the interior! The units still need finishing on the inside, but the entire building is more than 7000 Square Feet! Utilities are separate for each unit, making expenses low and profit potential through the roof! With two 3 bedroom, two 2 bedroom, and one 1 bedroom unit the potential gross revenue could be north of $5000 per month! Do not wait! Call today to set up a showing!
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • -5-unit multi-family property with over 7,000 sq. ft. of space.
  • -Units still need interior finishing, allowing for customization.
  • -Brand new electrical system, each unit has its own 100-amp panel box.
  • -New heating units, plumbing, and updated septic for efficiency.
  • -Nearly all new windows and doors for energy savings.
  • -Separate utilities for each unit, keeping expenses low.
  • -Unit breakdown: Two 3-bedroom, two 2-bedroom, and one 1-bedroom.
  • -Potential gross revenue over $5,000/month once fully rented.

Getting around

  • 4/100

    Walk Score ®

  • 6/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Binghamton, NY
  • Zip Code 13905

Points of Interest

  • Speedway

    5.42 miles

  • Kwik Fill

    5.91 miles

  • Sunoco

    6.81 miles

  • Hess

    7.14 miles

  • Tesla Supercharger

    7.74 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
Steph Jacobson

Yaman Commercial Industrial

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.