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53 Griswold St

$217,000

53 Griswold St, Binghamton, NY 13904

Active
Last Updated: 07/06/2026

5,600 sqft

Building Size

0.18 acres

Lot Area

Details:
Building Size:    5,600 sqft
Lot Area:    0.18 acres
Occupancy:    50%
Units:    6
Year Built:    1950
Floors:    2
Highlights:
  • - 5,600 SF building
  • - 6 units offering a substantial rental income potential
  • - Value Add Opportunity
  • - Separate Utilities
Description:

Value-add 6-unit multifamily investment opportunity at 53 Griswold Street. The property consists of four 2-bedroom units and two 3-bedroom units, including a detached single-family home that is part of the six-unit count. Separate utilities throughout help minimize operating expenses.

With upside through renovations and operational improvements, this property offers investors the opportunity to increase cash flow and long-term value. Competitively priced and well-positioned for a value-add strategy.

Located in Binghamton, NY, 53 Griswold Street offers a value-add multifamily opportunity with strong upside potential. The property consists of six total units, including a detached single-family home that is included as part of the six-unit count. Featuring separate utilities and a desirable rental location, this property is ideal for investors looking to increase rents, improve operations, and build long-term cash flow. Conveniently situated near downtown Binghamton, major employers, shopping, and public transportation.

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Location
Gallery