327 Main St - Apartments FOR SALE


Binghamton, NY 13905- Westside Binghamton
$860,000 USD
607-621-0439
327 Main St, Binghamton, NY for Sale
$860,000 USD
Apartments - FOR SALE
1/52
null | 9.59% Cap Rate

327 Main St
Binghamton, NY 13905
Westside Binghamton


OVERVIEW

Offered for sale is a 10-unit multifamily property located on Main Street in Binghamton's West Side. The building features six 2-bedroom units and four 1-bedroom units, creating a balanced rental mix that has historically attracted both student and traditional tenants. The property has benefited from recent updates and offers strong in-place income. Commercial zoning and student housing approval provide additional flexibility, while the solid brick construction contributes to the property's long-term durability. With an established rental history and a location that remains popular with tenants, 327 Main Street presents a compelling multifamily investment opportunity.

FOR SALE DETAILS

PRICE

$860,000 USD

PRICE/SF

$82 USD /SF

# OF UNITS

10

PRICE/UNIT

$86,000

CAP RATE

9.59%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

Commercial

APN/PARCEL ID

030200-143-075-0002-005-000-0000

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 Notice.