16 Unit Main Street Portfolio

327 Main St , Binghamton, NY 13905

  • For Sale $1,499,000
  • Property Type Multi-Family
  • Property Size 11,679 SF
  • Units 16
  • Lot Size 0.28 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1965
  • Year Renovated 2021
  • Date Updated May 10, 2024
Excellent location. Directly on Main Street. This is right on the SUNY and public transportation bus lines and is walking distance to many Restaurants, shops and amenities.Introducing 327 Main St in Binghamton, NY - an attractive investment opportunity. This 11,679 SF, 16-unit property boasts a prime location in the sought-after Binghamton Student Housing area. The building, constructed in 1965, underwent a comprehensive renovation in 2021, ensuring modern appeal and functionality. Zoned Multi Residential 20 Units, the property currently enjoys full occupancy, signifying a stable income stream for potential investors. With a proven track record and optimal positioning, this multifamily/mid-rise property is poised to deliver exceptional returns.

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Attachments

Highlights

  • - 11,679 SF mid-rise building
  • - 16 units
  • - Built in 1965, renovated in 2021
  • - Zoned Multi Residential 20 Units
  • - Prime location in Binghamton Student Housing area
  • - Fully occupied with 100% occupancy
  • - Updated and modernized facilities
  • - Strong rental income potential
  • - Proven investment opportunity
  • - Stable and reliable cash flow
  • - Attractive to multifamily/mid-rise investors

Contacts

broker

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

(607) 621-0439

Location

Getting Around

  • Walk Score ®

    80/100 Very Walkable

  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • City Binghamton, NY
  • Zip Code 13905

Points of Interest

  • Sunoco

    0.91 miles

  • Sunoco

    1.28 miles

  • Speedway

    1.96 miles

  • Gulf

    1.99 miles

  • Mirabito

    2.01 miles

  • Mirabito

    2.12 miles

  • Speedway

    2.12 miles

  • Sunoco

    2.22 miles

  • Citgo

    3.02 miles

  • Mirabito

    3.03 miles

  • Lot HSC2

    0.51 miles

  • Lot HSC1

    0.63 miles

  • Lot J

    1.36 miles

  • Lot J3

    1.41 miles

  • Lot J1

    1.41 miles

  • Lot J2

    1.42 miles

  • Lot J4

    1.47 miles

  • Lot E1

    1.58 miles

  • Lot S2

    1.68 miles

  • Lot S1

    1.70 miles

  • Microtel Inn & Suites by Wyndham Binghamton

    0.61 miles

  • Residence Inn

    1.36 miles

  • Surestay Plus

    1.68 miles

  • Hampton Inn Binghamton/Johnson City

    1.69 miles

  • La Quinta Inn

    1.72 miles

  • Holiday Inn Binghamton Downtown

    1.73 miles

  • Red Roof Inn

    1.80 miles

  • Quality Inn & Suites

    1.83 miles

  • The Grand Royale Hotel

    1.84 miles

  • Courtyard by Marriott

    2.09 miles

  • Burger King

    0.19 miles

  • Phuong Nam Vietnamese Restaurant

    0.62 miles

  • New Century

    0.70 miles

  • My Thai Restaurant

    0.72 miles

  • Red Robin

    0.73 miles

  • Domino's Pizza

    0.76 miles

  • Brozzetti's Pizza

    0.77 miles

  • Wendy's

    0.81 miles

  • McDonald's

    0.81 miles

  • Popeyes

    0.83 miles

  • Thomas Jefferson School

    0.39 miles

  • Wilson School

    0.42 miles

  • Saint James Parochial School

    0.46 miles

  • Saint Anns School

    0.47 miles

  • Saint Stanislaus School

    0.51 miles

  • Binghamton University Health Sciences Campus

    0.58 miles

  • Lincoln Elementary School

    0.62 miles

  • Saint Thomas Aquinas School

    0.64 miles

  • Theodore Roosevelt School

    0.91 miles

  • Horace Mann Elementary School

    1.01 miles

  • First Presbyerian Nursery School

    5.25 miles

Frequently Asked Questions

What is the lease rate for 16 Unit Main Street Portfolio?

Rental asking rate at 16 Unit Main Street Portfolio is $749,500.00/YR.

What is the total square footage of 16 Unit Main Street Portfolio?

16 Unit Main Street Portfolio totals 11,679 square feet.

When was this property built?

16 Unit Main Street Portfolio was built in 1965.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker

broker

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

(607) 621-0439