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41 1/2 Fayette St 4 Unit Apartment Building $628,164 CAD ($157,041 CAD/Unit) Binghamton, NY 13901
INVESTMENT HIGHLIGHTS
- Fully leased, turn-key operation — no downtime, no vacancy exposure.
- Prime downtown / university location — steps from Court Street, transit, hospitals and SUNY Broome.
- Modern finishes & recent updates — upgraded interiors reduce capital expense risk.
- Stable cash flow — low operating costs, steady demand from students and professionals.
EXECUTIVE SUMMARY
Well-kept and fully leased four-unit in Downtown Binghamton. The property totals 3,128 SF on a 0.05-acre lot and is configured as one 2-bedroom and three 3-bedroom apartments with modern finishes. Positioned just off Court Street, residents are within a short walk of restaurants, Government Plaza, the BU Downtown Center, and SUNY Broome bus lines, with quick access to UHS and Lourdes medical campuses. This location supports consistent tenancy from students and young professionals and has historically low vacancy. A straightforward, stabilized asset for buyers seeking durable cash flow in a supply-constrained downtown rental market.
PROPERTY FACTS
| Price | $628,164 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $157,041 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| No. Units | 4 | Building Size | 3,128 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1960 |
| Zoning | COM | ||
| Price | $628,164 CAD |
| Price Per Unit | $157,041 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,128 SF |
| No. Stories | 2 |
| Year Built | 1960 |
| Zoning | COM |
AMENITIES
UNIT AMENITIES
- Hardwood Floors
SITE AMENITIES
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | - |
1 1
Walk Score®
Very Walkable (77)
PROPERTY TAXES
| Parcel Number | 030200-160-034-0001-018-000-0000 | Improvements Assessment | $31,129 CAD |
| Land Assessment | $27,500 CAD | Total Assessment | $58,629 CAD |
PROPERTY TAXES
Parcel Number
030200-160-034-0001-018-000-0000
Land Assessment
$27,500 CAD
Improvements Assessment
$31,129 CAD
Total Assessment
$58,629 CAD
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41 1/2 Fayette St
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