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Back on the market due to buyer not being able to produce funding. SVN Innovative presents an excellent investment opportunity with the offering of an all brick exterior 5-building complex, comprising 20 units, conveniently located near downtown Binghamton, on the bus line, and walking distance to c...ourt street. Each building consists of one 2-bedroom apartment and three 1-bedroom apartments. There is a parking lot located at the back of the building for plenty of off street parking and 10 garage spaces ($50/mo). There is coin-op laundry in the basement for additional income. Apartments are generous size with abundant natural lighting. Updates included a new roof on one building, replacement windows in 2 buildings. Half the complex has been converted to electric baseboard heat, and the rest of complex is a mixture of baseboard and forced hot air. Tenants pay electric, landlord pays gas. Same owner for past 12 years. Refinanced in 2021 and switched LLC.
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MLS#
324338
Property Type
Other
Year Built
1940
Sewer
Public Sewer
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