1 King Ave Binghamton, NY 13905
Fifteen properties, thirty units, excellent Binghamton location.
Property size:
18,252 SFProperty Features for 1 King Ave
General Information
- Size
- 18,252 SF
Building Details
- Year built
- 1900
Source:
Svn
Listing 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
Location Insight
- Map
- Local Demand
- City
- Binghamton
- County
- Broome
- State
- New York
- Longitude
- -75.925019
- Latitude
- 42.0967673
Nearby Similar for Sale
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.