Investment Property for Sale at 101 Pennsylvania Avenue in Binghamton, New York for $464,900

101 Pennsylvania Avenue | BINGHAMTON

$464,900 | 6 Beds (6 Full) | 4,216 Sq. Ft.

Fully renovated 6-unit apartment building on Binghamton’s South Side, offering a true turnkey investment opportunity. Located near MacArthur Park and just around the corner from UHS Binghamton General Hospital, the property benefits from strong rental demand driven by proximity to healthcare, Binghamton University and neighborhood amenities. It is also within walking distance to Weis, Walgreens, Dunkin, and other stores and restaurants, making it highly attractive to tenants. All 6 units have been completely remodeled and are being sold fully furnished, ideal for traditional, students (in student zone) or short-term rental strategies. Each unit features updated kitchens and bathrooms, modern finishes, and durable laminate flooring throughout. Major capital improvements include 6 newer furnaces, 6 water heaters, newer electrical, and a new roof. The building is separately metered with 7 electric meters and 7 gas meters for efficient utility management. Schedule a showing toda GBAR MLS #335358

Directions to property: Discover the vibrant surroundings of Binghamton, NY, where the convergence of history, culture, and modern amenities creates a dynamic backdrop for your investment. Nestled in a picturesque area, the property is conveniently located near prestigious educational institutions like Binghamton University, providing a built-in tenant base. The area is also within close proximity to scenic parks, trendy dining establishments, and lively entertainment options, offering residents an unparalleled living experience. With a thriving arts scene, diverse community events, and a robust economy, Binghamton presents an enticing opportunity for a Multifamily investor seeking to capitalize on the city's unique charm and promising growth potential. Get to the property by taking Vestal Ave to Pennsylvania Ave. Property is straight ahead at the intersection.

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: 
Coty Lunn
Listing Agent Phone: 
607-481-5660
Listing Agent Email: 
coty [dot] lunn [at] svn [dot] com (send a message)
Listing Office Name: 
INNOVATIVE COMMERCIAL ADVISORS
Listing Office Phone: 
607-203-1826