69 Walnut Street, Binghamton, New York 13905

Sale Information

Asking Price: $579,000

Building Size: 7,986 SQ FT

Lot Size: 9148

Cost per Square Foot: $72.50

Cap Rate: 11.52%

NOI: $66,721.00

Property Overview

This is one of Binghamton's West side premium Student Rental Properties. This building is in excellent condition. It is very well maintain and managed. 20 Beds currently split into 3 units. Splitting into 6 units can be easily done. This builidng has an excellent rental history and has not had a vacancy since 1990. The building has security cameras and off street parking. Great location. Walking distance to the SUNY Bus Line and downtown Bingahmton's Night clubs, Restaurants, Shops and Amenities.

Built: 1970

Occupancy: 100%

Property Details

Key Points: Great Strategic Location. Walking Distance to SUNY Bus Line. Walking Distance to Downtown Binghamton's Night Clubs, Shops and Amentiies. Security Cameras. Coded locks. New Boiler. Offstreet Parking. Building has not had a vacancy since 1990. 20 Beds. Strong Cash Flow.

Broker Information

Warren Real estate
Scott Warren

scottwarrencre@gmail.com

www.warrenhomes.com/

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