80 Conklin AveBinghamton, NY 13903

This exceptional multifamily investment opportunity in Binghamton, NY, presents a 3-story, 16,000 square foot building on a 0.38-acre lot. Built in 1965, the property features 18 two-bedroom units (36 beds total), currently boasting 15 occupied apartments, generating immediate rental income. Each unit is equipped with a separate electrical meter, offering potential for increased revenue. The property's prime location across from the Exchange Street Bridge provides convenient access to downtown Binghamton, making it attractive to both market-rate tenants and students. The permitted zoning is Residential Multi-Unit, allowing for flexibility in usage and potential for future development. The asking price is $1,195,000. Detailed financial information is available upon request. This is a strong cash-flowing asset with significant upside potential. The property's size and location make it an ideal investment for those seeking a substantial return on investment in a thriving urban area. Don't miss this chance to acquire a well-maintained, income-producing multifamily property in a desirable location.