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299 Clinton St 4 Unit Apartment Building $424,550 CAD ($106,138 CAD/Unit) Binghamton, NY 13905



Investment Highlights
- Two-building mixed-use investment with 4 residential units and 1 commercial space
- Located two blocks from the Glenwood Avenue interchange with strong accessibility
- Diversified income stream with both residential and commercial tenancy
- Pre-approval in place for an additional one-bedroom unit, creating immediate upside
- High-visibility corridor with approximately 9,500 vehicles per day on Clinton Street
- In-place cash flow with potential to increase revenue through added unit
Executive Summary
Offered for sale is an 8-bed, 5-bath, two-building mixed-use investment opportunity located along Clinton Street in Binghamton, just two blocks from the Glenwood Avenue interchange. The property is currently configured with four residential units and one commercial space, generating $47,100/year in gross income and providing a balanced income stream in a well-trafficked and accessible location.
The asset offers immediate upside through pre-approval for an additional one-bedroom unit on the ground floor, allowing a new owner to increase density and revenue without navigating the entitlement process. Positioned along a highly visible corridor, the property benefits from approximately 9,500 vehicles per day on Clinton Street and over 7,500 vehicles per day on Glenwood Avenue, supporting both residential demand and commercial exposure.
With in-place income, expansion potential, and strong underlying location fundamentals, the property presents a clear value-add opportunity. The combination of multiple buildings, mixed-use configuration, and additional unit potential positions this offering for both stable cash flow and future income growth within one of Binghamton’s established commercial corridors.
The asset offers immediate upside through pre-approval for an additional one-bedroom unit on the ground floor, allowing a new owner to increase density and revenue without navigating the entitlement process. Positioned along a highly visible corridor, the property benefits from approximately 9,500 vehicles per day on Clinton Street and over 7,500 vehicles per day on Glenwood Avenue, supporting both residential demand and commercial exposure.
With in-place income, expansion potential, and strong underlying location fundamentals, the property presents a clear value-add opportunity. The combination of multiple buildings, mixed-use configuration, and additional unit potential positions this offering for both stable cash flow and future income growth within one of Binghamton’s established commercial corridors.
Property Facts
| Price | $424,550 CAD | Building Class | C |
| Price Per Unit | $106,138 CAD | Lot Size | 0.23 AC |
| Sale Type | Investment | Building Size | 2,852 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1960 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | YES - 482 - Mixed Use... | ||
| Price | $424,550 CAD |
| Price Per Unit | $106,138 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 2,852 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Opportunity Zone |
Yes |
| Zoning | YES - 482 - Mixed Use... |
1 1
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 030200-143-076-0001-037-000-0000 | Improvements Assessment | $89,551 CAD |
| Land Assessment | $45,703 CAD | Total Assessment | $135,254 CAD |
Property Taxes
Parcel Number
030200-143-076-0001-037-000-0000
Land Assessment
$45,703 CAD
Improvements Assessment
$89,551 CAD
Total Assessment
$135,254 CAD
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299 Clinton St
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