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    9 Marvin St Deposit, NY 13754

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    For Sale
    $379,000

    Well-maintained, fully leased six-unit building near Delaware River and I-86.

    Property size:
    4,740 SF

    Property Features for 9 Marvin St

    General Information

    Size
    4,740 SF

    Source: Scott Warren, CCIM Agent Scott Warren, CCIM

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brick Six-Unit Multifamily Investment

    Offered for sale is a well-maintained brick six-unit building. The property is located just minutes from the Delaware River and I-86. The unit mix consists of one one-bedroom unit and five two-bedroom units. All units are fully leased with long-term tenants and a consistent rental history. Residents enjoy proximity to year-round outdoor recreation including boating, hiking, and fishing. The property is strategically positioned in Deposit, NY, with direct access to I-86, providing efficient connectivity to Binghamton, the Catskills, and other key regional markets. Its proximity to the Delaware River contributes to consistent rental demand from both local residents and those relocating to the area for work or lifestyle. The building features solid brick construction for long-term durability and lower maintenance. The property represents a solid investment opportunity in a stable rental market with dependable cash flow.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Deposit
    County
    Broome
    State
    New York
    Longitude
    -75.419931
    Latitude
    42.0619009

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    FAQs

    What type of property is this?
    Apartment building - Well-maintained, fully leased six-unit building near Delaware River and I-86.
    Where is this apartment building located?
    The property is located at 9 Marvin St Deposit, NY.
    What is the asking price?
    The asking price for this property is $379,000.
    What are key features of this property?
    This property features: - Fully leased six-unit building with long-term tenants ensuring stable cash flow.; - Solid brick construction offering long-term durability.; - Mix of one 1-bedroom and five 2-bedroom units.
    (607) 621-0439
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9 Marvin St Deposit, NY 13754
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