Lower-level parking garageIndoor basketball courtTwo full kitchens
premier mixed-use investment portfolio in the heart of Binghamton, consisting of 206-218 State Street. offering a strong blend of commercial and residential space with immediate cash flow. The commercial component is 100% occupied, The residential portion consists of student housing(34 Beds) fully leased. Existing leases provide secured rental income through 2027, with leases extending to 2028, offering investors long-term revenue.Adding to the property's value is an unfinished upper floor where redevelopment has already begun, creating an outstanding opportunity to add additional income-producing space. The property also features impressive amenities, including Indoor basketball court and unfinished common area, Lower-level parking garage, Additional parking lot included at 218 state Street,Separate entrance on Prospect Street to residential space capable of accommodating up to 28 occupants, complete with two full kitchens.
3 days
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201
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Zillow last checked:
Listing updated:
Listed by:
KELLER WILLIAMS REALTY GREATER BINGHAMTON607-722-0722,
Stephanie J Edson
Source: GBMLS,MLS#: 337441Originating MLS: Greater Binghamton Association of REALTORS