206-218 State St, Binghamton, NY 13901
sale
$3,000,000
|
Other
Courtesy Of Keller Williams Realty Greater Binghamton
premier mixed-use investment portfolio in the heart of Binghamton, consisting of 206-218 State Street. offering a strong blend of commercial and residential space with immediate cash flow. The commercial component is 100% occupied, The residential portion consists of student housing(34 Beds) fully leased. Existing leases provide secured rental income through 2027, with leases extending to 2028, offering investors long-term revenue.Adding to the property's value is an unfinished upper floor where redevelopment has already begun, creating an outstanding opportunity to add additional income-producing space. The property also features impressive amenities, including Indoor basketball court and unfinished common area, Lower-level parking garage, Additional parking lot included at 218 state Street,Separate entrance on Prospect Street to residential space capable of accommodating up to 28 occupants, complete with two full kitchens.
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Property Features
- Age: Over 50 Years Old
- Exterior Type: Brick Veneer
- Heating System: Natural Gas
- MLSID: 337340
- Parking Spaces: 20
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