327 Main St
- - 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
Property Description
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.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,499,000 |
| No. of Units: | 10 |
| Average Occupancy: | 8.48 |
| Year Built: | 1965 |
| Lot Size: | 0.28 Acres |
| Opportunity Zone: | No |
| Price per unit: | $149,900 |
| Property Website | Click Here |
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