Offered for sale is a well-maintained 11-unit multifamily investment located at 49 - 51 Park Avenue on Binghamton’s South Side. The property consists of two buildings with a total of eleven units, including five units at 49 Park Avenue and six units at 51 Park Avenue, with a unit mix of nine two-bedroom apartments and two one-bedroom apartments. The asset benefits from strong in-place occupancy and professional management, providing immediate cash flow and stable operations. Its location within walking distance of UHS and approximately a half-mile from Downtown Binghamton supports consistent tenant demand driven by access to employment, healthcare, and amenities. Current rents are below Broome County Fair Market Rent, creating a clear path for income growth through lease turnover. With a proven operating history, reliable occupancy, and measurable upside, the property offers a balanced investment profile suited for both yield and long-term appreciation. Offered at an 8.86% cap rate, this is a straightforward opportunity to acquire a performing asset with built-in growth potential.