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