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Binghamton Multifamily Portfolio

3 Multifamily Properties Offered at $1,100,000 in Binghamton, NY

Investment Highlights

  • Prime Location: Close to Downtown, Binghamton General Hospital, and major highways.
  • Quality Features: Separate utilities, off-street parking, and sprinklered building.
  • Efficient Management: 12 units and 2 quadruplexes, all within close proximity.
  • Stable Income: Fully leased with strong rental history.

Executive Summary

This prime portfolio consists of a 12-unit building, 123 Park Ave., and two fully leased quadruplexes, 5 & 7 Maria Manor, located in Binghamton’s sought-after South Side. Situated around the corner from each other, these properties provide an excellent opportunity to consolidate management and maximize investment returns. All three properties benefit from proximity to Binghamton General Hospital, Downtown Binghamton, and major highways, ensuring high rental demand. With strong rental history and a central location, this portfolio is an ideal investment.

Property Facts

Price $1,100,000
Price / SF $81.13 / SF
Sale Type Investment or Owner User
Status Active
Number of Properties 3
Individually For Sale 3
Total Building Size 13,558 SF
Total Land Area 0.61 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
5 Maria Mnr, Binghamton, NY 13903 Multifamily 1,779 SF 1980 $225,000
123 Park Ave, Binghamton, NY 13903 Multifamily 10,000 SF - $650,000
7 Maria Mnr, Binghamton, NY 13903 Multifamily 1,779 SF 1980 $225,000
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  • Listing ID: 33464110

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: Binghamton Multifamily Portfolio, Binghamton, NY

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