99 Oak St

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Address: 99 Oak St, Binghamton, NY 13905, USA

New York & Tri-State + Apartment Buildings

Created date: October 2, 2024

Date last updated: December 4, 2024

Extensive Renovations: Over $890,000 invested in upgrades and modernizations
Spacious Layout: 24 units offering a total of 40 beds
Luxury Interiors: Featuring premium, high-end finishes throughout
Convenient Parking: Off-street parking available for tenants
Prime Location: Steps from the Court Street Bridge and the heart of Downtown Binghamton

Property Description

This fully renovated, turnkey student housing complex in the heart of Binghamton, NY is now available for sale. Perfectly positioned to leverage the robust student housing market, the property sits on Oak Street just south of Main Street, within walking distance of the Court Street Bridge and all of Downtown Binghamton’s top restaurants, clubs, shops, and amenities. With a walkability score of 80, it provides unbeatable access to everything students desire. The 24-unit, 40-bed complex has undergone extensive renovations totaling $890,960, showcasing beautiful high-end finishes and modern design throughout. A rare opportunity to invest in a property that stands out with its quality and appeal in an area with consistently high rental demand. Assumable non recourse loan may be available to a qualified buyer. Rent roll shown is for the 2025/2026 School year. Leases are in process of being secured.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$3,049,000
No. of Units:	24
Year Built:	1970
Lot Size:	0.25 Sq ft
Opportunity Zone:	No
Price per unit:	$127,042
Property Website	Click Here