607-621-0439
127-129 Susquehanna St
Binghamton, NY 13901
Center City
HIGHLIGHTS
- Partially renovated 13-unit multifamily portfolio offers existing income, meaningful lease-up potential, and a clear stabilization opportunity.
- Approximately 63% occupancy provides immediate cash flow, while four vacant units create a near-term potential to increase revenue and occupancy.
- Over $200,000 invested in renovations and property improvements has advanced the asset's repositioning and reduced future capital requirements.
- Substantial renovation work has already been completed across 10 units, allowing investors to focus on increasing occupancy and maximizing income.
- Nearby Binghamton University meets the demand from students, faculty, and staff while offering opportunities for student-oriented housing strategies.
- Just north of the Susquehanna River, the property is within an established residential environment near Columbus Park and Downtown Binghamton.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Upgraded MFR with Growth Potential
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
3
YEAR BUILT
1984
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.2 AC
LAND SF
8,712 SF
ZONING
-
APN/PARCEL ID
030200-160-050-0001-049-000-0000,030200-160-050-0001-050-000-0000
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607-621-0439
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607-621-0439
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