Commercial Real Estate for Sale at 7 Tremont Avenue in Binghamton, New York for $770,000

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7 Tremont Avenue | BINGHAMTON

$770,000 | 0.0 Sq. Ft.

12-unit brick multifamily property located on Binghamton’s West Side adjacent to the State Street Bridge interchange with direct access to Downtown and major routes. The building consists of twelve one-bedroom units with off-street parking and is situated within the City’s R-3 zoning district supporting higher density residential use. The property is currently generating in-place income with rents below indicated market levels, offering measurable upside through lease turnover. Manageable asset size with recent interior improvements. Well positioned for investors seeking stabilized income with defined rental growth potential in an established submarket. GBAR MLS #335919

Directions to property: Conklin to Tremont. Across from the Exchange St Bridge interchange

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