9 Marvin St
$379,000
9 Marvin St, Deposit, NY 13754
4,740 sqft
Building Size
0.3359 acres
Lot Area
Details:
Highlights:
- Solid brick construction for long-term durability and lower maintenance
- Mix of one 1-bedroom and five 2-bedroom apartments with practical layouts
- Low vacancy and stable cash flow in a market with consistent rental demand
- Convenient access to I-86 and regional employment hubs
Description:
9 Marvin Street is a brick six-unit multifamily property offering both current income and long-term upside in Deposit, NY. The building totals 4,740 SF across three floors and features a functional unit mix of one 1-bedroom and five 2-bedroom apartments. The property has benefited from long-term tenancy and a stable operating history, providing in-place revenue while remaining well positioned for future improvement.
The investment opportunity is supported by durable 1970 construction and the ability to enhance returns through targeted property improvements and thoughtful rent growth as units turn over. The location supports tenant demand with convenient access to I-86 and proximity to the Delaware River and regional outdoor amenities that contribute to year-round activity.
Strategically positioned in Deposit, NY, this property offers direct access to I-86, providing efficient connectivity to Binghamton, the Catskills, and other key regional markets. Its proximity to the Delaware River contributes to consistent rental demand from both local residents and those relocating to the area for work or lifestyle.
Documents:
| Title | ||
|---|---|---|
| 9_Marvin_St_OM_8.12.25.pdf | ||
| 9_Marvin_St_OM_8.12.25.pdf |
Location
Gallery
