171 Front St
- 16 income-producing spaces across three buildings
- Diversified commercial, residential, and garage income
- Stable cash flow with identifiable rental upside
- Established tenant base with long-term investment potential
- Ample parking and excellent Front Street visibility
- Minutes from Binghamton University, major employers, and Route 17/I-86
Property Description
171 Front Street brings together 16 income-producing spaces into a single, diversified investment. The property includes six commercial suites, four residential apartments, and six detached garages, creating multiple independent revenue streams that provide stable cash flow today and identifiable upside for tomorrow. Commercial tenants are secured through existing lease agreements, while the residential apartments are leased month-to-month, offering flexibility to increase rents over time. Additional income from detached garages further enhances the property's long-term earning potential. Ample on-site parking supports both commercial and residential tenants, while the property's well-maintained condition and established tenant base provide a strong foundation for continued performance. Combining diversified income, stable in-place cash flow, and opportunities for future revenue growth, 171 Front Street offers investors a compelling mixed-use asset in one of Vestal's most established commercial corridors.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $599,900 |
| No. of Units: | 9 |
| Year Built: | 1970 |
| Lot Size: | 0.31 Acres |
| Opportunity Zone: | No |
| Price per unit: | $66,656 |
| Property Website | Click Here |
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