139 Murray St - Apartments FOR SALE


Binghamton, NY 13905- Westside Binghamton
$849,000 USD
607-621-0439
139 Murray St, Binghamton, NY for Sale
$849,000 USD
Apartments - FOR SALE
1/31
null | Request Cap Rate

139 Murray St
Binghamton, NY 13905
Westside Binghamton


HIGHLIGHTS

  • Excellent walkable location. Many recent renovations.
  • Strong rent roll. Excellent rental history.
  • Coin op Laundry.
  • Large parking lot.
  • Steel fire escape
  • Separately Metered

OVERVIEW

Property Description Offered for sale is this spectacular student housing complex on Binghamton's West Side. Excellent location being only one block from the SUNY Bus lines and 4 Blocks from Downtown Binghamton. Walking distance to many Restaurants, Shops and amenities. This building and it's units have been beautifully renovated. The building has recently had a new roof, new kitchens, laundry room. The parcel includes plenty of off street parking with a spacious parking lot and is fully separately metered. The building is fully sprinklered, has a solid steel fire escape and an outdoor barbeque area. This is a secured building. Financials are pro forma. Location Description With recent changes in the City of Binghamton Zoning laws this property is in an excellent location to take advantage of the shifting Student Housing population. This is in a R-3 Zone which is approved for students. This is only one block and walking distance to the Student Bus lines. This is also only 4 blocks and walking distance to Downtown Binghamton and all that Binghamton has to offer.

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$104 USD /SF

# OF UNITS

9

PRICE/UNIT

$94,333

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

-

APN/PARCEL ID

030200-160-031-0003-016-000-0000

ASK ABOUT THIS PROPERTY

Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

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Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.