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95-97 Mitchell Ave

8 Unit Apartment Building $649,000 ($81,125/Unit) Binghamton, NY 13903

Investment Highlights

  • Recently renovated
  • Excellent central location.
  • Separate utilities.
  • Fully leased and well-maintained.
  • Walking distance to Binghamton General Hospital.

Executive Summary

Offered for sale are two side-by-side, 4-unit buildings located in the desirable Southside neighborhood of Binghamton. Situated near Binghamton General Hospital and just a mile from Downtown, these properties provide a central location with excellent connectivity to Vestal Avenue, NYS Route 434, and the Brandywine Highway interchange.
Tenants enjoy easy access to nearby dining, shopping, and entertainment, making these properties highly appealing in a market with strong rental demand. Fully leased and meticulously maintained, this quadruplex duo offers a turnkey investment opportunity in a thriving rental area.
Situated just steps from Binghamton General Hospital and only a mile from Downtown Binghamton, this property offers a central location with unmatched convenience. Easy access to Vestal Avenue, NYS Route 434, and the Brandywine Highway ensures seamless connectivity for commuters.
Surrounded by local dining, shopping, and entertainment options, this property provides an ideal lifestyle for tenants. Located in a high-demand rental area, it’s a smart choice for investors or those seeking a well-positioned property in a thriving community.

Attachments

95-97

Property Facts

Price $649,000
Price Per Unit $81,125
Sale Type Investment
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.27 AC
Building Size 5,920 SF
No. Stories 2
Year Built 1960

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Tub/Shower
  • Smoke Free

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
030200-176-025-0005-015-000-0000
Land Assessment
$10,900
Improvements Assessment
$71,100
Total Assessment
$82,000
  • Listing ID: 34072413

  • Date on Market: 12/3/2024

  • Last Updated:

  • Address: 95-97 Mitchell Ave, Binghamton, NY 13903

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