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Residential Income Property Package
For Sale
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85 Chestnut St, Owego, NY 13827

Package includes five rental units currently collecting rents and two vacant approved build lots.

Property SizeContact for details
Days on Market120

Property Features for 85 Chestnut St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: Better Homes and Gardens Real Estate Prosperity
Listed By: Marcus Smith · License #NY 10401325787
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 7:20PM

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 Better Homes and Gardens Real Estate Prosperity

Investment Insights

Based on property information with market context.

This for-sale residential income property package includes five rentals collecting rents. In addition, there are two vacant desirable approved building lots included with the offering.

The property is located at 85 Chestnut St in Owego, New York.

The configuration combines existing rental income with included approved land parcels, offering flexibility for future development plans tied to the approved lots.

Key Highlights

  • Package includes 5 rental units currently collecting rents
  • Includes 2 vacant approved building lots

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

573
Businesses Nearby

Demographics for 13827, NY

11,381
Population
5,108
Households
2.2
Avg Household Size
44
Median Age
29%
College-Educated
91%
High-School Grad
90.7 sq mi
ZIP Area
125
Density / Sq Mi
$70,796
Median Household Income
$43,017
Median Earnings
$901
Median Rent
$142,600
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Package includes five rental units currently collecting rents and two vacant approved build lots.
Where is this apartment building located?
The property is located at 85 Chestnut St Owego, NY.
What are key features of this property?
This property features: Package includes 5 rental units currently collecting rents; Includes 2 vacant approved building lots
More about this property
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