Dorm-Style Living in Convenient Location

104 Henry St, Binghamton, NY

$252,000

Price

19.77%

Cap Rate

$49,827

NOI

Overview
Cap Rate
19.77%
NOI
$49,827
Building Size
3,116 sqft
Occupancy
95%
Units
14
Description

Fantastic opportunity! 14 bedrooms rented individually with excellent rental history. High cap rate. New boiler in 2013, in the process of putting on a new roof. Convenient location. Part of a larger portfolio, 18 properties.

Central location, very near to downtown, nightlife, post office, shopping, bus stop.

Highlights
  • Central location
  • Potential for student conversion
  • Near bus stops, restaurants, nightlife, shopping

Location