For sale
  • Price cut: $1.4M (6/27)
    $400,000

    257 Washington St, Binghamton, NY 13901

    24beds
    --baths
    6,612sqft
    Multi Family, Apartment
    Built in 1926
    -- sqft lot
    $-- Zestimate®
    $60/sqft
    $-- HOA

    What's special

    Separate utilitiesSecurity systemFully sprinklered interiorZoned ci
    List price of $400,000 reflects the opening bid for a Ten-X auction scheduled to take place August 11–13. Introducing a prime investment opportunity at 257 Washington St, Binghamton, NY, 13901. This historic 1926 building boasts 12,544 SF of space, featuring 18 units tailored for modern living. Zoned CI and strategically positioned in the Binghamton MSA area, this property offers immense potential for a savvy Multifamily / Mid-Rise investor. With 11 units finished and leased, this is an excellent value-add opportunity. This building has undergone significant high-end upgrades, including automatic locks on all doors, separate utilities, separate HVAC for all units, an elevator, a security system, and a fully sprinklered interior. Additionally, historical tax credits are available, offering valuable financial incentives for investors.
    197 days
    on Zillow
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    887
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    53
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