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1 King Ave Binghamton, NY 13905

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For Sale
$3,149,000

Fifteen properties, thirty units, excellent Binghamton location.

Property size:
18,252 SF

Property Features for 1 King Ave

General Information

Size
18,252 SF

Building Details

Year built
1900

Source: Lisberto Calvo Agent Lisberto Calvo

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


Overview

Binghamton Multifamily Investment Portfolio

This portfolio in Binghamton features 15 properties with a total of 30 rental units. The portfolio includes 4 single-family homes, 7 duplexes, and 4 triplexes, all located in close proximity to each other. The single-family homes are located at 23 Martha, 40 Tremont, 2 Mozart, and 3 Jerome. The duplexes are located at 14 Carhart, 18 Tremont, 19 Haendel, 31 Schiller, 39 Rush, 3 Aldrich, and 1 King. The triplexes are located at 58 Schubert, 100 Crestmont, 19 Highland, and 10 Jefferson. The properties are positioned in a high-demand rental market, minutes from Binghamton University, UHS and Lourdes Hospitals, and major employers. With access to I-81, I-88, and Route 17, tenants have connectivity to downtown, shopping centers, parks, and entertainment. The area's rental demand, growing economy, and revitalization efforts make this an attractive investment opportunity with income potential and long-term appreciation. The total property size is 18252 square feet. This portfolio presents an opportunity for investors to start making money from day one while benefiting from long-term appreciation.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Binghamton
County
Broome
State
New York
Longitude
-75.925019
Latitude
42.0967673

FAQs

What type of property is this?
Multifamily property - Fifteen properties, thirty units, excellent Binghamton location.
Where is this multifamily property located?
The property is located at 1 King Ave Binghamton, NY.
What is the asking price?
The asking price for this property is $3,149,000.
What are key features of this property?
This property features: - Portfolio of 15 properties with 30 total rental units provides immediate and diversified income streams.; - Includes a mix of single-family homes, duplexes, and triplexes.; - Located in a high-demand rental market in Binghamton, NY.
More about this property
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