28 Frederick Street
- 5,888 SF building with 5 units, ideal for multifamily investment
- Zoned Residential Multi Unit, providing flexibility for various uses
- Prime location in Binghamton MSA area for maximum investment potential
- Corner lot spanning .72 acres for added visibility and space
- Easy access to State Route 7, I86, and I81 for convenient transportation
- Mix of 2 commercial and 4 residential units for diverse income streams
- Versatile property suitable for a range of potential uses
Property Description
Six-unit mixed-use property located on a prominent corner at Frederick and Liberty Streets, one block from the Brandywine Highway interchange. The asset includes a fully leased commercial space, currently occupied by a church, additional office space available for lease, and four residential units consisting of one two-bedroom, two one-bedroom units, and one studio. The property offers immediate in-place income with additional upside through lease-up of the vacant commercial space. Situated on 0.72 acres, the site includes a large on-site parking lot supporting both residential and commercial use. Positioned directly across from new development along Liberty Street, the property benefits from strong visibility, high traffic counts, and convenient access to major roadways. A well-located asset with a combination of stable income and value-add potential.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $308,000 |
| No. of Units: | 5 |
| Year Built: | 1950 |
| Lot Size: | 0.72 Acres |
| Opportunity Zone: | No |
| Price per unit: | $61,600 |
| Property Website | Click Here |
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