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77 Oak St
Binghamton, NY 13905 Westside Binghamton

$290,000 USD

Apartments For Sale  •  2,046 SF

Property Details

  • Property Type Apartments
  • Total Building Size 2,046 SF
  • Lot Size 0.07 AC
  • Building Class C
  • Year Built 1910
  • Cap Rate 13.20 %
  • Zoning C-5
30 Transit Score
60 Walk Score

Highlights

Projected annual rental income of $43,500 after renovation
Desirable C-5 zoning
Attractive acquisition basis of approximately $48,333 per bed
Approximately 13% pro forma capitalization rate at the asking price

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $38,269 USD (2026)
Cap Rate: 13.20 %
Total Expenses: $16,451 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Tenant Controlled HVAC
  • Heating
  • Walking/Biking Trails
  • Kitchen
  • Refrigerator
  • Oven
  • Range
Scott Warren 607-621-0439 SVN | Innovative Commercial Advisors
Scott Warren 607-621-0439 SVN | Innovative Commercial Advisors