6 units - fully rented; Zoned Multi Unit Dwelling R3; each has 3 bedroom, living rm, parlor, kitchen, plus full bath; Tenants pay Separate Utilities but Landlord pays Water; Approx 900 square feet each unit; Has 8' & 9' ceilings, hardwood floors, back porches and easy access to highway; Off Street and On Street Parking, large yard, and only 6 blocks from downtown Binghamton; Quiet street; 5 blocks from main bus terminal; Dumpster Service; Has the city's Certificate of Code Compliance and Zoning Approval Letter for R-3 District; Charge market rate rent and make 10% Cap Rate, plus 7%/yr appreciation; Located in a Qualified Opportunity Zone for potential income tax benefits; Has a new hip roof overhang all around the building and over the back porches and stairs; Phone number listed is a landline.
For sale by owner
Price cut: $9K (10/8)
$369,000
124 Prospect Ave, Binghamton, NY 13901
18beds
5,400sqft
MultiFamily
Built in 1935
-- sqft lot
$-- Zestimate®
$68/sqft
$-- HOA
What's special
Back porchesHardwood floorsNew hip roof overhangLarge yard
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