28 Frederick
$375,000
28 Frederick Street, Binghamton, NY 13901
8.27
Cap Rate
5,888 sqft
Building Size
Details:
Description:
Offered for sale is this 6 unit mixed use building in an outstanding location. The Commercial space is currently leased to a church with additional office space available for lease. In addition to the commercial space this building has a large 2 Bed unit, 2-1 Bed Units and a studio. This is a corner location at the intersection of Frederick and Liberty Street just one block from the Brandywine Highway interchange. Heavy traffic count. Right across the street from the new affordable housing complex on Liberty Street. .72 Acres. This is a turnkey opportunity with value add potential. Large parking lot included.
Excellent location for many different potential uses. On the corner of Liberty Street and Frederick Street and just around the corner from the Brandywine Highway interchange. This is a very busy intersection. This location is one block from the Brandywine Highway interchange. The Brandywine Highway at this intersection has an average daily traffic count of 38,198. This location has very fast and easy access to Route 7, I86 and I81. Because of this property's close proximity to the highway interchanges the majority of the Binghamton MSA can be reached in a short 15 minute drive time.
- 5,888 SF building with 5 units, ideal for multifamily investment
- Zoned Residential Multi Unit, providing flexibility for various uses
- Prime location in Binghamton MSA area for maximum investment potential
- Corner lot spanning .72 acres for added visibility and space
- Easy access to State Route 7, I86, and I81 for convenient transportation
- Mix of 2 commercial and 4 residential units for diverse income streams
- Versatile property suitable for a range of potential uses
Location
