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5-11 Avenue C 9 Unit Apartment Building $245,327 CAD ($27,259 CAD/Unit) Johnson City, NY 13790
Investment Highlights
- Heavy Daytime Foot Traffic
- Beautiful Brick Photos
- Lots Of Natural Light
Executive Summary
This potential 9-unit apartment building (8 residential and 1 commercial) spans approximately 12,024 square feet on a 0.14-acre lot, offering immense potential for visionary developers. Located just blocks from Binghamton University’s cutting-edge Pharmacy and Nursing Schools and within walking distance of UHS Wilson Medical Center, a premier regional hospital, this property enjoys a highly strategic location. Its position along a key route to BU's main campus ensures excellent connectivity, making it an attractive option for students, professionals, and commuters alike.
The residential component offers the potential for 8 spacious apartment units, currently envisioned as 4 two-bedroom apartments and 4 three-bedroom apartments, creating strong flexibility for student housing, workforce housing, or traditional multifamily rentals. While the building requires a complete restoration, it provides the perfect canvas for a developer to implement their own design and capitalize on the growing demand for quality housing in this rapidly evolving area. Don’t miss this unique opportunity to leave your mark on Johnson City’s urban landscape.
Full Walkthrough Video: https://www.youtube.com/watch?v=vnsHOw2Br9o&t=56s
The residential component offers the potential for 8 spacious apartment units, currently envisioned as 4 two-bedroom apartments and 4 three-bedroom apartments, creating strong flexibility for student housing, workforce housing, or traditional multifamily rentals. While the building requires a complete restoration, it provides the perfect canvas for a developer to implement their own design and capitalize on the growing demand for quality housing in this rapidly evolving area. Don’t miss this unique opportunity to leave your mark on Johnson City’s urban landscape.
Full Walkthrough Video: https://www.youtube.com/watch?v=vnsHOw2Br9o&t=56s
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 13 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 034603-143-057-0002-025-000-0000 | Improvements Assessment | $4,660 CAD |
| Land Assessment | $8,909 CAD | Total Assessment | $13,568 CAD |
Property Taxes
Parcel Number
034603-143-057-0002-025-000-0000
Land Assessment
$8,909 CAD
Improvements Assessment
$4,660 CAD
Total Assessment
$13,568 CAD
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Photos
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5-11 Avenue C
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