17 Thorp + 24 Mather, Binghamton, NY 13905

Property Description

CREXI AUCTION. 2 PROPERTIES, SAME BLOCK! Fully vacant 8-unit portfolio (5-family+3-family) totaling 37 bedrooms and 15 bathrooms across 12,764 SF in the R-3 student housing district. Both buildings are ready for investor execution with major systems work already done. 17 Thorp (5-family, 19 BR / 7 BA): Completely gutted with brand-new electrical and plumbing throughout plus a recently replaced roof. Some kitchens and bathrooms already installed. Clean canvas for finishes. Architectural plans drawn for student housing conversion, or restore as conventional five-family. Infrastructure complete—remaining work is cosmetics. 24 Mather (3-family, 18 BR / 8 BA): Historically operated as student rental with strong existing layout. New upgraded electrical/panel installed; brand-new tile and renovation materials on-site and included. Large basement (former common area with bar) can be restored as shared tenant space. Coin or card washers and dryers could add more additional income potential!