195 Floral Ave, Johnson City, NY 13790

This exceptional three-unit multifamily property, located at 195 Floral Avenue in Johnson City, New York, presents a compelling investment opportunity. Boasting 3,483 square feet on a 6,250 square foot lot, this 3-story, 1900-built building is currently 100% occupied by Binghamton University students under leases extending until May 2024. Each of the three units offers nine bedrooms in total, providing a strong rental income stream. Recent upgrades include new vinyl siding, replacement windows, updated electrical systems, a new furnace, and a new hot water heater. Kitchens and bathrooms feature new tile. Tenants are responsible for their own utilities. The property's convenient location is a key advantage, situated on the OCC and county bus route, just five minutes from the Binghamton University campus and within walking distance of the university's pharmacy and nursing schools. The property is zoned 230 and has an APN of 034603-143-081-0001-011-000-0000. The asking price is $325,000, representing a price per square foot of $93.31 and a price per unit of $108,333.33. This turnkey investment offers immediate cash flow and significant potential for long-term appreciation in a high-demand student housing market.