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139 Murray St 9 Unit Apartment Building $1,185,136 CAD ($131,682 CAD/Unit) Binghamton, NY 13905
INVESTMENT HIGHLIGHTS
- Excellent walkable location. Many recent renovations.
- Coin op Laundry.
- Steel fire escape
- Strong rent roll. Excellent rental history.
- Large parking lot.
- Separately Metered
EXECUTIVE SUMMARY
Property Description
Offered for sale is this spectacular student housing complex on Binghamton's West Side. Excellent location being only one block from the SUNY Bus lines and 4 Blocks from Downtown Binghamton. Walking distance to many Restaurants, Shops and amenities. This building and it's units have been beautifully renovated. The building has recently had a new roof, new kitchens, laundry room. The parcel includes plenty of off street parking with a spacious parking lot and is fully separately metered. The building is fully sprinklered, has a solid steel fire escape and an outdoor barbeque area. This is a secured building. Financials are pro forma.
Location Description
With recent changes in the City of Binghamton Zoning laws this property is in an excellent location to take advantage of the shifting Student Housing population. This is in a R-3 Zone which is approved for students. This is only one block and walking distance to the Student Bus lines. This is also only 4 blocks and walking distance to Downtown Binghamton and all that Binghamton has to offer.
Offered for sale is this spectacular student housing complex on Binghamton's West Side. Excellent location being only one block from the SUNY Bus lines and 4 Blocks from Downtown Binghamton. Walking distance to many Restaurants, Shops and amenities. This building and it's units have been beautifully renovated. The building has recently had a new roof, new kitchens, laundry room. The parcel includes plenty of off street parking with a spacious parking lot and is fully separately metered. The building is fully sprinklered, has a solid steel fire escape and an outdoor barbeque area. This is a secured building. Financials are pro forma.
Location Description
With recent changes in the City of Binghamton Zoning laws this property is in an excellent location to take advantage of the shifting Student Housing population. This is in a R-3 Zone which is approved for students. This is only one block and walking distance to the Student Bus lines. This is also only 4 blocks and walking distance to Downtown Binghamton and all that Binghamton has to offer.
PROPERTY FACTS
| Price | $1,185,136 CAD | Building Class | C |
| Price Per Unit | $131,682 CAD | Lot Size | 0.18 AC |
| Sale Type | Investment | Building Size | 8,134 SF |
| No. Units | 9 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Parking Ratio | 0.61/1,000 SF |
| Apartment Style | Low-Rise |
| Price | $1,185,136 CAD |
| Price Per Unit | $131,682 CAD |
| Sale Type | Investment |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.18 AC |
| Building Size | 8,134 SF |
| No. Stories | 3 |
| Year Built | 1960 |
| Parking Ratio | 0.61/1,000 SF |
AMENITIES
UNIT AMENITIES
- Microwave
- Tile Floors
- Kitchen
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
- Grill
SITE AMENITIES
- Fenced Lot
- Laundry Facilities
- Picnic Area
- Furnished Units Available
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 9 | - | - |
1 1
Walk Score®
Very Walkable (71)
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 030200-160-031-0003-016-000-0000 | Improvements Assessment | $153,773 CAD |
| Land Assessment | $10,532 CAD | Total Assessment | $164,305 CAD |
PROPERTY TAXES
Parcel Number
030200-160-031-0003-016-000-0000
Land Assessment
$10,532 CAD
Improvements Assessment
$153,773 CAD
Total Assessment
$164,305 CAD
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139 Murray St
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