Investment Property for Sale at 19 Mygatt Street in Binghamton, New York for $999,000

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19 Mygatt Street | BINGHAMTON

$999,000 | 16 Beds | 7,195 Sq. Ft.

Don't miss this spectacular opportunity to own this fully renovated, centrally located, 12 unit apartment building in Binghamton's First Ward District. This building just had approximately $1.29M in renovations and is being offered for sale for less than the cost of the renovations! Turn key opportunity to fill this building with the tenants that you choose. This is a rapidly developing area with the development of the Charles St Industrial Park and $10M in DRI funds being dedicated to the Clinton Street area. Some of the renovations include: New roof (including sub panels) 20 year warranty, New Electric (800 Amps), New doors, windows, walls and floors. New appliances with manufacturer warranty, Fire Protection System, Sprinkler System, Insulation, HVAC (each unit has high efficiency mini split systems), Plumbing updated and all lead and asbestos removed from the building. Priced to sell at an impressive 11.24% Pro Forma CAP Rate! GBAR MLS #330993

Directions to property: Clinton 2 Mygatt. 2 blocks.

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: 
Scott Warren
Listing Agent Phone: 
607-621-0439
Listing Agent Email: 
scottwarrencre [at] gmail [dot] com (send a message)
Listing Co-Agent Name: 
Lisberto Calvo Garcia
Listing Co-Agent Phone: 
607-725-2246
Listing Co-Agent Email: 
lisberto [dot] calvo [at] svn [dot] com
Listing Office Name: 
INNOVATIVE COMMERCIAL ADVISORS
Listing Office Phone: 
607-203-1826
Listing Co-Office Name: 
INNOVATIVE COMMERCIAL ADVISORS
Listing Co-Office Phone: 
607-203-1826