Log In/Sign Up
Your email has been sent.
633 Conklin Rd Ave 13 Unit Apartment Building $1,161,993 CAD ($89,384 CAD/Unit) 8.24% Cap Rate Binghamton, NY 13903
Investment Highlights
- Fully leased multi-family in Binghamton
- $70K NOI with long-term tenants
- Turnkey property in a great location
- Prime investment on Conklin Rd Ave
- 8.24% CAP rate, strong cash flow
- Stable income in Binghamton market
Executive Summary
Fully Leased Multi-Family Investment in Binghamton!
Located at 633 Conklin Rd Ave, Binghamton, NY, this property offers an exceptional investment opportunity with a sale price of $850,000, a CAP rate of 8.24%, and a net operating income (NOI) of $70,000. The building is currently fully leased with long-term tenants, ensuring stable cash flow and minimal vacancy risk. This well-maintained property is ideal for investors seeking a reliable income stream and strong returns in a desirable location. Don’t miss out on this turnkey multi-family asset!
Located at 633 Conklin Rd Ave, Binghamton, NY, this property offers an exceptional investment opportunity with a sale price of $850,000, a CAP rate of 8.24%, and a net operating income (NOI) of $70,000. The building is currently fully leased with long-term tenants, ensuring stable cash flow and minimal vacancy risk. This well-maintained property is ideal for investors seeking a reliable income stream and strong returns in a desirable location. Don’t miss out on this turnkey multi-family asset!
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,161,993 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $89,384 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.84 AC |
| Cap Rate | 8.24% | Building Size | 7,385 SF |
| No. Units | 13 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1970 |
| Zoning | RM - Residential Multifamily | ||
| Price | $1,161,993 CAD |
| Price Per Unit | $89,384 CAD |
| Sale Type | Investment |
| Cap Rate | 8.24% |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.84 AC |
| Building Size | 7,385 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1970 |
| Zoning | RM - Residential Multifamily |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 13 | $991.11 CAD | - |
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $113,682 CAD | |
| Land Assessment | $42,093 CAD | Total Assessment | $155,775 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$42,093 CAD
Improvements Assessment
$113,682 CAD
Total Assessment
$155,775 CAD
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
633 Conklin Rd Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.