- For Sale $217,000
- Property Type Multi-Family
- Property Size 5,600 SF
- Units 6
- Lot Size 0.18 Acre
- Property Tenancy Multi-Tenant
- Year Built 1950
- Date Updated Jun 12, 2026
Description
Located in Binghamton, NY, 53 Griswold Street offers a value-add multifamily opportunity with strong upside potential. The property consists of six total units, including a detached single-family home that is included as part of the six-unit count. Featuring separate utilities and a desirable rental location, this property is ideal for investors looking to increase rents, improve operations, and build long-term cash flow. Conveniently situated near downtown Binghamton, major employers, shopping, and public transportation.Value-add 6-unit multifamily investment opportunity at 53 Griswold Street. The property consists of four 2-bedroom units and two 3-bedroom units, including a detached single-family home that is part of the six-unit count. Separate utilities throughout help minimize operating expenses.
With upside through renovations and operational improvements, this property offers investors the opportunity to increase cash flow and long-term value. Competitively priced and well-positioned for a value-add strategy.
Highlights
- 5,600 SF building
- 6 units offering a substantial rental income potential
- Separate Utilities
- Value Add Opportunity
False
Contacts
Lisberto Calvo
SVN | Innovative Commercial Advisors
Location
Contact Listing Broker
Lisberto Calvo
SVN | Innovative Commercial Advisors