Offered for sale is a fully renovated, 100% occupied 24-unit apartment building located on Binghamton’s desirable West Side. The property provides investors with immediate, stabilized cash flow supported by a strong occupancy history and limited near-term capital requirements. Comprehensive improvements include a newer roof with approximately 23 years remaining on its warranty, updated domestic hot-water systems, hallway and in-unit sprinkler systems, high-speed internet infrastructure and an elevator serving the building. Each apartment is separately metered and equipped with electric heat, supporting efficient operations and predictable ownership expenses.
Listing courtesy of Innovative Commercial Advisors.