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111 Glenwood

$198,999

111 Glenwood Avenue, Binghamton, NY 13905

Active
Last Updated: 04/18/2025

9.37

Cap Rate

2,223 sqft

Building Size

Details:
Cap Rate:    9.37%
Building Size:    2,223 sqft
Lot Area:    6,304 acres
Units:    3
Year Built:    1922
Zoning:    Neighborhood Commercial
Floors:    2
Description:

Offered for sale is this 3 unit in an excellent location. This is central to Binghamton, NY. Directly on Glenwood Avenue with fast and easy access to Clinton St., and the I86 interchange. Being able to reach the entire Binghamton MSA with a 20 minute drive time creates a strong rental demand in this area. This property has had many recent updates including a new roof and siding 2019 and a new furnace 2023, This is a fully leased and well maintained property with laundry on site. This is in a Federal opportunity zone !


This is central to Binghamton, NY. Directly on Glenwood Avenue with fast and easy access to Clinton St., and the I86 interchange. Being able to reach the entire Binghamton MSA with a 20 minute drive time creates a strong rental demand in this area. 


Excellent location
Fully leased
New roof and siding 2019
New Furnaces 2023
Federal opportunity zone

Map:
Documents:
Title
111 Glenwood OM
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Location
Gallery