17 Thorp St - Apartments FOR SALE


Binghamton, NY 13905- Westside Binghamton
$375,000 USD
607-481-5660
17 Thorp St, Binghamton, NY for Sale
$375,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

17 Thorp St
Binghamton, NY 13905
Westside Binghamton


HIGHLIGHTS

  • Site plans are already done for you.
  • Student Housing District.
  • Well-maintained property. Spacious and versatile floor plan.
  • Modern amenities. Strong rental history.
  • Potential for value appreciation. Desirable unit mix.
  • Proximity to local conveniences. Excellent investment potential.

OVERVIEW

Discover the endless possibilities of this solid 5-family apartment complex, perfectly situated in a high-demand area with excellent rental potential. While student housing is one great option due to its location in the heart of the student housing district, this property is suitable for a variety of tenants. Though it requires cosmetic upgrades, the heavy lifting has already been done, with brand-new electrical and plumbing systems throughout and a recently installed roof ensuring long-term durability. Combining the timeless charm of a classic design with essential modern upgrades, this property offers a fantastic opportunity for investors seeking consistent rental income or anyone looking to customize a multi-family space. Site plans are available, allowing you to envision the full potential of this property. Don’t miss the chance to explore all this property has to offer!

FOR SALE DETAILS

PRICE

$375,000 USD

PRICE/SF

$61 USD /SF

# OF UNITS

5

PRICE/UNIT

$75,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

Commercial

APN/PARCEL ID

030200-160-031-0001-001-000-0000

ASK ABOUT THIS PROPERTY

Coty LunnSVN Innovative Commercial AdvisorsMore Info
607-481-5660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Coty LunnSVN Innovative Commercial AdvisorsMore Info
607-481-5660

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.