32 Seminary Ave - Apartments FOR SALE


Binghamton, NY 13905- Westside Binghamton
$638,000 USD
607-772-0005
32 Seminary Ave, Binghamton, NY for Sale
$638,000 USD
Apartments - FOR SALE
1/11
null | 11.92% Cap Rate

32 Seminary Ave
Binghamton, NY 13905
Westside Binghamton


HIGHLIGHTS

  • Great Cash Flow
  • Leased through May 2027
  • Student Rental near Binghamton University campus

OVERVIEW

Welcome to 32 Seminary Ave. This is an exceptionally well maintained & updated 11 Bedroom Duplex, located within the heart of the student zone of Binghamton! Updated throughout with new kitchens, bathrooms, hardwood floors & freshly painted. Large living rooms, a beautifully finished attic as a bonus room! This property is rented through May 2027, providing immediate and stable cash flow. Tenants pay all utilities, water, sewer, gas & electric. This is a rare opportunity to acquire a high performing, low maintenance student rental in a prime location! Beautifully situated at an 11.5% cap rate!!

FOR SALE DETAILS

PRICE

$638,000 USD

PRICE/SF

$163 USD /SF

# OF UNITS

2

PRICE/UNIT

$319,000

CAP RATE

11.92%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

32 Seminary Ave

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1929

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,236 SF

ZONING

YES

APN/PARCEL ID

030200-160-047-0001-007-000-0000

ASK ABOUT THIS PROPERTY

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607-772-0005

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607-772-0005

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