206 - 218 State Street, Binghamton, NY 13901
sale
$600,000
|
Other
Courtesy Of Keller Williams Realty Greater Binghamton
206-218 State Street presents a fully renovated, fully leased mixed-use investment opportunity in Downtown Binghamton, featuring 34 residential bedrooms, commercial rental space, and 18 off-street parking spaces. Signed leases through 2028 provide established income and contractual rent growth, with scheduled annual rental income increasing from $397,320 in 2026-2027 to $427,900 in 2027-2028. Located along State Street's Artists Row, the property benefits from proximity to restaurants, entertainment, downtown amenities, and university transportation. Extensive capital improvements, secured rental income, and dedicated parking support long-term investment appeal. The advertised $600,000 list price represents the OPENING BID ONLY and is NOT the property's actual list price or an indication of its market value.
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Property Features
- Age: Over 50 Years Old
- Exterior Type: Brick Veneer
- MLSID: 338714
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