16 Unit Main Street Portfolio

327 Main St , Binghamton, NY 13905

Accepting Offers
16 Unit Main Street Portfolio16 Unit Main Street Portfolio16 Unit Main Street Portfolio16 Unit Main Street Portfolio
Asking Price

$1,499,000

16 Unit Main Street Portfolio

327 Main St , Binghamton, NY 13905

Asset Type: Real Estate

Estate: Leasehold

Year Built: 1965

Land Area: 0.28 Acres

Number of Units: 10

Property Size: 7,904 SF

Property Type: Multifamily

Occupancy %: 100

Year Renovated: 2021

Number of Floors: 3

NOI: 127,160

Investment 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

16 Unit Main Street Portfolio

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.

Sale FAQs

Investment Sales Broker

Scott Warren, CCIM

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

NY License: 10491212432

Phone: XXXXXXXXXX

Email: XXXXXXXXXXXXXXXXXXXX

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