Property summary
This exceptional investment opportunity presents two adjacent, four-unit apartment buildings totaling eight units, situated on a 0.27-acre lot in Binghamton, New York's desirable Southside neighborhood. The property boasts a total of 5,920 square feet, with each unit commanding a price of $81,125. The buildings are fully leased, generating a strong net operating income (NOI) of $58,886, resulting in an attractive 9.07% capitalization rate. The asking price for this turnkey investment is… $649,000, translating to a price per square foot of $109.63. Located near Binghamton General Hospital and within a mile of the downtown area, this property benefits from excellent access to major roadways including Vestal Avenue, NYS Route 434, and the Brandywine Highway interchange. The convenient location provides tenants with easy access to a variety of amenities, including dining, shopping, and entertainment options, contributing to high rental demand and occupancy. Recent renovations have been completed, and the property is meticulously maintained, ensuring a smooth transition for the new owner. Separate utilities for each unit further enhance the operational efficiency and potential for increased profitability. This is a rare opportunity to acquire a well-performing, fully leased multifamily property in a thriving rental market. The property's strong financials, prime location, and recent renovations make it an ideal investment for both seasoned and new investors seeking a stable and profitable addition to their portfolio. The address is 95-97 Mitchell Ave, Binghamton, NY 13903.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Oct 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
12 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 5,920 SF
- Lot area
- 0.27 ac
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Signals, scores & lead lists
- 300 owner contacts a month
- 30 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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