2 Crandall
$1,999,000
2 Crandall Street, Binghamton, NY 13905
7.28
Cap Rate
145,469
NOI
Details:
Description:
Offered for sale is this completely renovated and 100% occupied 24 Unit Apartment Building in Binghamton's West Side. This is an excellent location. At the intersection of Main and Crandall Street in Binghamton. On the public and SUNY bus lines. This is just off main Street which has a traffic count of 12,690 at this location and has a walkability score of 83 (very walkable). Within walking distance to Restaurants, shops and many of the amenities Binghamton's west side has to offer. The complex has been completely renovated featuring a new roof with 23 years left on the warranty, Elevator, Separate electric meters, Electric heat, High speed internet, new hot water heaters, sprinkler system in the hallways and apartments, off street parking and a picnic area. All rents are well below the FMR for the area. This opportunity provides consistent cash flow in a fully renovated building with value add potential with no CAPEX needed.
This is an excellent location. At the intersection of Main and Crandall Street in Binghamton. On the public and SUNY bus lines. This is just off main Street which has a traffic count of 12,690 at this location and has a walkability score of 83 (very walkable). Within walking distance to Restaurants, shops and many of the amenities Binghamton's west side has to offer.
Fully renovated building. Roof updated 2 years ago with 23 years left on the warranty. Elevator.
Fully Sprinklered, Electric Heat with Electric separately metered. Coin Op Laundry.
Off Street Parking, 100% Occupied.
Documents:
| Title | ||
|---|---|---|
| 2 Crandall OM.6.12.25 |
Location
Gallery
