5 Way St | Binghamton, NY 13901
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5 Way St
Binghamton, NY 13901
Value-Add Multifamily Asset · Multifamily 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 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 3,288 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1910 |
| Building Class | C |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,288 SF |
| No. Stories | 2 |
| Year Built | 1910 |
PROPERTY TAXES
| Parcel Number | 030200-160-025-0002-007-000-0000 | Improvements Assessment | $87,967 |
| Land Assessment | $8,337 | Total Assessment | $96,304 |
PROPERTY TAXES
Parcel Number
030200-160-025-0002-007-000-0000
Land Assessment
$8,337
Improvements Assessment
$87,967
Total Assessment
$96,304
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