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111 Glenwood Ave

$198,999

111 Glenwood Ave, Binghamton, NY 13905

Active
Last Updated: 05/12/2025

2,223 sqft

Building Size

0.1447 acres

Lot Area

Details:
Building Size:    2,223 sqft
Lot Area:    0.1447 acres
Units:    3
Year Built:    1922
Floors:    2
Highlights:
  • Excellent location
  • Fully leased
  • New roof and siding 2019
  • New Furnaces 2023
  • Federal opportunity zone
Description:

Located in the heart of Binghamton, this well-maintained three-unit property offers excellent accessibility and strong rental appeal. Situated directly on Glenwood Avenue, the property provides quick connections to Clinton Street, the I-86 interchange, and the greater Binghamton MSA—all reachable within a 20-minute drive.

Recent capital improvements include a new roof and siding in 2019, as well as a new furnace installed in 2023. On-site laundry adds convenience for tenants, and the building is fully leased, making it a turnkey investment.

This property is also located within a designated Federal Opportunity Zone, offering potential tax advantages for qualified investors.

This is central to Binghamton, NY. Directly on Glenwood Avenue with fast and easy access to Clinton St., and the I86 interchange. Being able to reach the entire Binghamton MSA with a 20 minute drive time creates a strong rental demand in this area.

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