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127-129 Susquehanna St
Binghamton, NY 13901 Center City

Price Upon Request

Apartments For Sale  •  8,877 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,877 SF
  • Lot Size 0.2 AC
  • Building Class C
  • Year Built 1984
30 Transit Score
60 Walk Score

Highlights

Partially renovated 13-unit multifamily portfolio offers existing income, meaningful lease-up potential, and a clear stabilization opportunity.
Approximately 63% occupancy provides immediate cash flow, while four vacant units create a near-term potential to increase revenue and occupancy.
Over $200,000 invested in renovations and property improvements has advanced the asset's repositioning and reduced future capital requirements.
Substantial renovation work has already been completed across 10 units, allowing investors to focus on increasing occupancy and maximizing income.
Nearby Binghamton University meets the demand from students, faculty, and staff while offering opportunities for student-oriented housing strategies.
Just north of the Susquehanna River, the property is within an established residential environment near Columbus Park and Downtown Binghamton.
Scott Warren 607-621-0439 SVN | Innovative Commercial Advisors
Scott Warren 607-621-0439 SVN | Innovative Commercial Advisors