Investment Property for Sale at 50 Main Street in Binghamton, New York for $1,945,000

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50 Main Street | BINGHAMTON

$1,945,000 | 24 Beds | 8,925 Sq. Ft.

Binghamton University and SUNY Broome have 27,000 students, and a mere 24 keep this building at full capacity. Rented through June of 2025, this local landmark has a wonderful brick exterior, a state-of-the-art key fob entry system, and video surveillance, inside and out, to ensure the safety and security of its occupants. The remodeled units. 18 of which are one-bedroom studios, and three of which are two-bedroom apartments, come fully furnished, creating an ease for the tenants. The fiber Internet, building-wide WIFI, keeps everyone connected. The zero cost fully serviced laundry is convenient for the tenants and terrific for the owner. The University bus stops right outside, and this ideal location is one block from downtown shopping and restaurants. This remarkable investment opportunity is a must-see and could be a fabulous addition to your investment portfolio. GBAR MLS #324817

Directions to property: Take Main Street to the Corner of Oak St.

Contact Information

To inquire about this property, please contact your REALTOR® directly if you are already working with one, or use the contact information provided below to contact the listing agent or brokerage directly. GBAR staff is unable to provide real estate listing information. Please contact one of our REALTOR® members if you need more information about this or any other listing.
Listing Agent Name: 
John J. Farrell
Listing Agent Phone: 
607-760-5000
Listing Agent Email: 
john [at] exitnys [dot] com (send a message)
Listing Office Name: 
EXIT REALTY HOMEWARD BOUND
Listing Office Phone: 
607-729-5500