Investment Property for Sale at 70 Adaline Street in Owego, New York for $189,000

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70 Adaline Street | OWEGO

$189,000 | 8 Beds | 4,320 Sq. Ft.

Well-maintained 5-unit multifamily investment opportunity located in the Village of Owego. The property consists of spacious residential units with separate gas and electric meters, supporting efficient operations and reduced landlord utility exposure. Four of the five units feature central air conditioning, a rarity in many comparable multifamily properties throughout the Southern Tier. Positioned on a large 0.29-acre lot, the offering also includes a sizable barn providing additional storage, tenant amenity potential, or future value-add opportunities. The property has a strong rental history and benefits from proximity to Downtown Owego, local employers, schools, shopping, and Route 17/I-86 access. With stable in-place income, attractive price per square foot, and operational upside, 70 Adaline Street presents an opportunity for investors seeking dependable cash flow in an established rental market. GBAR MLS #332219

Directions to property: George St to Spruce to Adaline

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