Value-Add Multifamily
For Sale
$217,000
53 Griswold St, Binghamton, NY 13904
Six-unit multifamily property includes four two-bedroom units and two three-bedroom units with separate utilities throughout.
Property Size5,600 SF
Days on Market96
Property Features for 53 Griswold St
General Information
Standard status
Active
Size
5,600 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
6
Building Details
Building Size
5,600 SF
Year Built
1950
Tenancy
Multi
Listing Agency:
SVN | Innovative Commercial Advisors
Listed By:
Lisberto Calvo
(607) 725-2246
Source:
Svn
Added: Jun 4
Changed: Aug 31
Last Checked: Sep 7 at 8:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN | Innovative Commercial Advisors
Investment Insights
Based on property information with market context.
This six-unit multifamily property is configured with four two-bedroom units and two three-bedroom units. It also includes a detached single-family home that is counted as part of the six-unit total. The building features separate utilities throughout, which can help support more controlled operating expenses.
The property is offered for sale as a value-add opportunity, with potential for additional value through renovations and operational improvements. Additional details regarding unit finishes, condition, or current rent levels are not provided in the available information.
With a mix of two- and three-bedroom layouts across the six-unit count, the property may appeal to investors seeking a multifamily asset that can be upgraded to improve performance over time.
The property is offered for sale as a value-add opportunity, with potential for additional value through renovations and operational improvements. Additional details regarding unit finishes, condition, or current rent levels are not provided in the available information.
With a mix of two- and three-bedroom layouts across the six-unit count, the property may appeal to investors seeking a multifamily asset that can be upgraded to improve performance over time.
Key Highlights
- 6‑unit multifamily property with four 2‑bedroom units and two 3‑bedroom units
- Year built: 1950
- Includes a detached single‑family home as part of the 6‑unit count
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
593
Businesses Nearby
Explore this area
Business Placement
Demographics for 13904, NY
9,236
Population
3,962
Households
2.3
Avg Household Size
46
Median Age
19%
College-Educated
81%
High-School Grad
23.7 sq mi
ZIP Area
390
Density / Sq Mi
$56,794
Median Household Income
$36,038
Median Earnings
$884
Median Rent
$111,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit multifamily property includes four two-bedroom units and two three-bedroom units with separate utilities throughout.
Where is this apartment building located?
The property is located at 53 Griswold St Binghamton, NY.
What is the asking price?
The asking price for this property is $217,000.
What are key features of this property?
This property features: 6‑unit multifamily property with four 2‑bedroom units and two 3‑bedroom units; Year built: 1950; Includes a detached single‑family home as part of the 6‑unit count
