296 Main St

Highlights:

• Large Main St Complex.
• 9 Units with 21 Beds in 2 Buildings.
• One tax parcel.
• Ample off street parking.
• On the Student and public bus lines.
• Foundation re-parged 2024.
• Many new appliances.
• Tenants pay own electric.

Description:

Exceptional investment opportunity: this 9-unit complex with 21 beds across two buildings is located on a prime section of Main Street, Binghamton, directly across from a new commercial development. With strong rental demand, high visibility, and direct access to public and student bus lines, it boasts a walkability score of 79 and is within walking distance to restaurants, shops, and amenities. The main building has six spacious 3-bedroom units, while the rear duplex offers two 1-bedroom units. With commercial zoning, ample off-street parking, and separate utilities, this property is ideal for multifamily or student housing.

This prime location on Main Street in Binghamton is ideal for multifamily housing, situated in a high-traffic area directly across from a new commercial development. With strong rental demand and exceptional convenience, the property offers direct access to public and student bus lines and boasts a high walkability score of 79. Residents will enjoy easy access to nearby restaurants, shops, and amenities, all within walking distance. The location also benefits from an average daily traffic count of 12,654, and with commercial zoning, it's a popular choice for student housing, serving both the Vestal and Johnson City campuses.

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