Investment Property for Sale at 162 Chapin Street in Binghamton, New York for $1,640,000

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162 Chapin Street | BINGHAMTON

$1,640,000 | 29 Beds | 14,052 Sq. Ft.

Offered for sale is a 20-unit apartment complex located in the City of Binghamton within the R-3 zoning district, supporting higher density residential use and student occupancy. The unit mix includes 13 one-bedroom units, 6 two-bedroom units, and 1 four-bedroom unit, providing flexible leasing potential across multiple tenant profiles. The property is within walking distance to public transit, student bus routes, and Downtown Binghamton amenities, supporting consistent rental demand. The building is fully sprinklered, and tenants pay their own electric service while the landlord covers gas and common electric. A well-positioned multifamily asset with scale, stable demand drivers, and long-term investment potential. GBAR MLS #334880

Directions to property: Main to Chapin to North.

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 Office Name: 
INNOVATIVE COMMERCIAL ADVISORS
Listing Office Phone: 
607-203-1826