12 Unit Brick Multi Family

Highlights:

• Zoned for student housing (R-3)
• 1 Block To Downtown
• 18 Bedrooms
• Massive Upside Potential
• Can Be Purchased with 138 and 156 Court St

Description:

Presenting a rare and unique opportunity to own this REO solid Brick 12 unit, This student redevelopment boasts 18 Bed in Binghamton, NY. Downtown Binghamton is known to be a thriving area of Student Housing. Neighboring approximately 1,300 Student beds this is a prime strategic location to benefit from this thriving market. Just one building from Main St and one block from the Court St Bridge this is walking distance to all of Downtown Binghamton's Restaurants, shops and amenities. This location has a very walkable score of 85. This is a rare R-3 zoning opportunity in a market with a high barrier to entry. This is currently leased to families with significant potential to convert to Student housing. This building is priced to sell with significant value add potential. All rents are below market. Can be Purchased with 138 and 156 Court St.

The dynamic surroundings of 111 Oak St, located in Binghamton, NY, offers an enticing blend of urban convenience and cultural charm ideal for Multifamily investors. Residents will enjoy seamless access to a diverse range of dining, shopping, and entertainment options, as well as the nearby recreational offerings of parks. With its proximity to esteemed educational institutions like Binghamton University, the location presents an exceptional opportunity for potential residents and investors alike. Experience the allure of this prime investment prospect in the heart of Greater Binghamton.

Natural Gas

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