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5 Way St
Binghamton, NY 13901

Value-Add Multifamily Asset · Residential Property For Sale · 5 Units

Investment Highlights

  • Opportunity to purchase a five-unit multi-family property in the flourishing city of Binghamton.
  • Within walking distance to amenities and retailers, including Little Martha Yoga, Ziebart, Lupo’s S&S Charpit, Wilson Dental, and Lee’s Nails.
  • Binghamton is a liquid submarket, with about 83 trades over the past three years.
  • Prime location near the Chenango River close to I-86, I-81, I-88, Route 11, and State Street.
  • Rents have increased by an impressive 3.0% over the past year, exceeding the average annual growth of 1.9% over the past decade.

PROPERTY FACTS

No. Units 5
Property Type Residential
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.14 AC
Building Size 3,288 SF
Number of Floors 2
Year Built 1910

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
030200-160-025-0002-007-000-0000
Land Assessment
£4,613
Improvements Assessment
£48,680
Total Assessment
£53,293
  • Listing ID: 26924293

  • Date on Market: 24/10/2022

  • Last Updated:

  • Address: 5 Way St, Binghamton, NY 13901

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