- For Sale $349,000
- Property Type Multi-Family
- Property Size 7,524 SF
- Units 3
- Year Built 1920
- Date Updated Jun 22, 2026
Description
Discover the exciting opportunities surrounding this prime location in Binghamton, NY. Situated in a vibrant community, the area boasts convenient access to the downtown business district, shopping centers, and cultural attractions. The property is within close proximity to prominent universities, including Binghamton University, which offers a steady demand for multifamily and high-rise housing options. Enjoy easy access to local parks, restaurants, and entertainment venues, making the location highly desirable for potential renters and investors. With its strategic position in a dynamic and growing market, the area presents an enticing prospect for those seeking to capitalize on the thriving multifamily and high-rise real estate opportunities in Binghamton.Excellent investment opportunity featuring three spacious apartments in a convenient Binghamton location. Situated within walking distance of public transportation, shopping, restaurants, and major employers, this property offers strong appeal to tenants. The building includes a large 4-bedroom apartment on the first floor, a second large 4-bedroom apartment on the second floor, and a massive studio apartment on the third floor. The second-floor unit was recently vacated and is currently available for lease, providing an opportunity to increase rents or select a new tenant. The property has a strong rental history, generous unit sizes, and consistent demand, making it an attractive option for both new and experienced investors seeking immediate income potential with upside through lease-up of the vacant unit.
Highlights
- Prime Walkable Location – Situated within walking distance of public transportation, shopping, restaurants, and major employers, offering tenants convenience and supporting strong rental demand across multiple renter demographics.
- Strong Cash Flow with Upside Potential – Proven rental history featuring two spacious 4-bedroom apartments and a massive studio apartment. The recently vacated second-floor unit is ready for lease-up, providing immediate value-add and income growth opportunities.
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Contacts
James Lucenti
SVN | Innovative Commercial Advisors
Location
Contact Listing Broker
James Lucenti
SVN | Innovative Commercial Advisors