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325 Main St
Binghamton, NY 13905
325 Main St · Multifamily Property For Sale
·
6 Units
Investment Highlights
- - 6-unit multifamily property
- - Built in 1965 with potential for updates
- - Located in the Binghamton MSA area
- - 3,775 SF building size
- - Zoned Commercial and OK for Student Housing
Executive Summary
Offered for sale is this 6 Unit Building on Main Street in Binghamton's West Side. This is an excellent central location. Right across the Street from 327 Main. This is one block from the Johnson City Arch. This location has an average Daily traffic count of 7,484 and has a very walkable score of 80. This is walking distance to the Price Chopper Plaza as well as many West side shops and amenities. This is proper zoning for Student Housing. This has been recently renovated and stabilized.
Property Facts
| Price Per Unit | $70,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 9.06% | Building Size | 3,775 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1965 |
| Zoning | Commercial | ||
| Price Per Unit | $70,000 |
| Sale Type | Investment |
| Cap Rate | 9.06% |
| No. Units | 6 |
| Property Type | Multifamily |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,775 SF |
| No. Stories | 3 |
| Year Built | 1965 |
| Zoning | Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $775.00 | - |
Property Taxes
| Parcel Number | 030200-143-075-0002-021-000-0000 | Improvements Assessment | $5,700 |
| Land Assessment | $59,300 | Total Assessment | $65,000 |
Property Taxes
Parcel Number
030200-143-075-0002-021-000-0000
Land Assessment
$59,300
Improvements Assessment
$5,700
Total Assessment
$65,000
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