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Whitney Point Prime 5-Unit Investment 6 Dedrick Hill Rd 5 Unit Apartment Building $540,919 CAD ($108,184 CAD/Unit) Binghamton, NY 13905
INVESTMENT HIGHLIGHTS
- 5-unit multi-family property with over 7,000 sq. ft. of space.
- Brand new electrical system, each unit has its own 100-amp panel box.
- Separate utilities for each unit, keeping expenses low.
- Units still need interior finishing, allowing for customization.
- New heating units, plumbing, and updated septic for efficiency. Nearly all new windows and doors for energy savings.
- Potential gross revenue over $5,000/month once fully rented.
EXECUTIVE SUMMARY
Opportunity knocks with this HUGE 5-unit multi-family home in the Whitney Point School District! Located just 7 miles from Upper Front Street, this property is in the middle of a complete renovation, with so many new features that will make life and maintenance so much easier for the new owner. This includes brand new electric with each unit having its own 100-amp panel box, new heating units, new plumbing, updated septic, almost all new windows and doors, and many more renovations on the interior! The units still need finishing on the inside, but the entire building is more than 7000 Square Feet! Utilities are separate for each unit, making expenses low and profit potential through the roof! With two 3 bedroom, two 2 bedroom, and one 1 bedroom unit the potential gross revenue could be north of $5000 per month! Do not wait! Call today to set up a showing!
PROPERTY FACTS
| Price | $540,919 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $108,184 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.71 AC |
| No. Units | 5 | Building Size | 7,000 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1950 |
| Zoning | Agricultural-Residential | ||
| Price | $540,919 CAD |
| Price Per Unit | $108,184 CAD |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.71 AC |
| Building Size | 7,000 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Zoning | Agricultural-Residential |
AMENITIES
UNIT AMENITIES
- Cable Ready
- Tile Floors
- Hardwood Floors
- Carpet
- Deck
- Porch
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | - | - |
| 2+1 | 2 | - | - |
| 3+1 | 2 | - | - |
1 1
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Whitney Point Prime 5-Unit Investment | 6 Dedrick Hill Rd
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