This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

80 Conklin Ave, Binghamton, NY 13903 80 Conklin Ave

18 Unit Block of Flats £942,855 (£52,381/Unit) Binghamton, NY 13903

Investment Highlights

  • Across The Street From Exchange Street Bridge
  • Potential For More Renovation And Greater Rental Numbers
  • Easy Downtown Binghamton Accessability

Executive Summary

Discover an exceptional investment opportunity in the heart of Binghamton's vibrant south side! This spacious multifamily building boasts approximately 16,000 square feet and features 18 two-bedroom apartments, making it an ideal choice for investors seeking strong rental income. Currently, 15 of the 18 apartments are rented, providing a solid and immediate income stream with the upside of developing this into an outstanding project. Each unit is designed with spacious 2-bedroom layouts, catering to a wide range of tenants. This can be outstanding market rate units or student housing. The property is located across the street from the Exchange Street Bridge, with direct walking access to downtown Binghamton. Units have separate electrical meters, prime for additional income. This building is a must-see! See attached spreadsheets for further insight and detail! Contact us today for more details or to schedule a viewing.

Property Facts

Price £942,855
Price Per Unit £52,381
Sale Type Investment
No. Units 18
Property Type Residential
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Mid Rise
Building Class C
Lot Size 0.38 AC
Building Size 16,000 SF
Number of Floors 3
Year Built 1965

Unit Amenities

  • Kitchen
  • Oven
  • Range
  • Tub/Shower
  • Views
  • Window Coverings

Site Amenities

  • 24 Hour Access
  • Waterfront
  • Walking/Biking Trails
  • Public Transportation
  • Walk-Up

Unit Mix Information

Description No. Units Avg. Rent.Mo SF
2+1 18 - 700
Walk Score ®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
030200-160-058-0003-002-000-0000
Land Assessment
£10,178
Improvements Assessment
£151,567
Total Assessment
£161,745

zoning

Zoning Code Residential Multi Unit (Residential Multi Unit)
Residential Multi Unit (Residential Multi Unit)
  • Listing ID: 33704402

  • Date on Market: 31/10/2024

  • Last Updated:

  • Address: 80 Conklin Ave, Binghamton, NY 13903

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}