71 Main St, Binghamton, NY 13905

10,257 SF 0.48 ac lot Built 1975

Entity Owned 4-yr Hold Free & Clear

Property ID

US63-5962317

$690,000 10,257 SF

71 Main St, Binghamton, NY 13905
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This exceptional 10,472 square foot, two-story brick building at 71 Main Street, Binghamton, NY 13905, presents a compelling investment opportunity. Situated at the corner of Main and Chapin Streets, this property enjoys a high walk score of 82 and benefits from daily traffic counts of 17,127 vehicles. The building, constructed in 1960, boasts classic architectural details including rich woodwork and five fireplaces. Currently featuring a one-bedroom and a three-bedroom apartment, the property's zoning allows for diverse redevelopment options, including student housing, professional offices, a boutique hotel, or a private event space. Adding to its appeal is a detached brick carriage house, perfect for expansion or conversion, and a four-car detached garage. Ample parking is provided with 22 surface spaces. Owner financing is available to qualified buyers at a below-market interest rate of 4%, requiring a 20% down payment and offering a flexible term. This property's prime location, substantial size, and versatile zoning make it an exceptional investment prospect. Don't miss this chance to acquire a significant piece of Binghamton real estate.