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9 Marvin St

$379,000

9 Marvin St, Deposit, NY 13754

Active
Last Updated: 08/27/2025

4,740 sqft

Building Size

0.3359 acres

Lot Area

Details:
Building Size:    4,740 sqft
Lot Area:    0.3359 acres
Occupancy:    100%
Units:    6
Floors:    3
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:

This well-maintained brick 6-unit building comprises one 1-bedroom and five 2-bedroom apartments, each with practical layouts suited for long-term occupancy. The property has a proven history of low vacancy and consistent rental income. Operating expenses are manageable, and the building’s construction offers durability and reduced maintenance costs over time. With its established rental base, strong occupancy track record, and location in a market with steady housing demand, this asset presents a dependable, income-producing opportunity for both seasoned and first-time multifamily investors.

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.

Map:
Documents:
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9_Marvin_St_OM_8.12.25.pdf
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9 Marvin St OM 8.12.25
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Location
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