73 Oak St - Apartments FOR SALE


Binghamton, NY 13905- Westside Binghamton
$278,888 USD
607-772-0005
73 Oak St, Binghamton, NY for Sale
$278,888 USD
Apartments - FOR SALE
1/9
null | 12% Cap Rate

73 Oak St
Binghamton, NY 13905
Westside Binghamton


HIGHLIGHTS

  • Strong Binghaton rental market
  • Lots of updates
  • In student zone and near downtown

OVERVIEW

73 Oak Street is a 6-unit residential building with all one-bedroom apartments — the most rentable unit type in the Binghamton market. With six tenants diversifying your income risk and a price point that delivers exceptional per-door value, this is the kind of asset that builds lasting wealth. For investors coming from Philadelphia, New York, or New Jersey — you simply cannot buy 6 units in your backyard at anything close to this price. Binghamton's steady rental demand, driven by Binghamton University and a strong local workforce, makes this a compelling long-term hold. Solid 6 units, in the student zone, rental increase potential

FOR SALE DETAILS

PRICE

$278,888 USD

PRICE/SF

$90 USD /SF

# OF UNITS

21

PRICE/UNIT

$13,280

CAP RATE

12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

8,942 SF

ZONING

R-6

APN/PARCEL ID

030200-160-047-0003-034-000-0000

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607-772-0005

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607-772-0005

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