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32736792
32736794

5 Mather St, Binghamton, NY 13905

KA
NY 10401289330
Elmira-Howard Hanna Real Estate Services Inc
Listed by Elmira-Howard Hanna Real Estate Services Inc
$949,000
17 days on market
Updated 17 days ago

5 Mather Street

Details
Property Type Multifamily
Sub Type Student Housing, Commercial
Square Footage 8,556
Units 12
Year Built 1965
Stories 3

Multifamily | 12 Units

Marketing description

One of Binghamton's most proven West Side student housing addresses. 5 Mather Street sits in the heart of the R-3 student housing district — steps from Main Street, Downtown, and SUNY bus lines serving Binghamton University directly. Nine units across 8,556 SF with a by-the-room leasing model on three-bedroom units that maximizes per-unit revenue. Six 1-bedroom units and three 3-bedroom units, two boilers, three water heaters, six electric meters, and two sets of in-building laundry in place. Zoned for 12 units with expansion potential already infrastructures for 6 additional bedrooms. On-site maintenance conveying. Strong cap rate. 72-hour advance notice required. Proof of funds or pre-qualification required to schedule. Call listing agent for full offering memorandum.

Investment highlights

  • Taxes: $17,549.00
  • No cooling
  • Stucco exterior
  • Lot acreage is: 0.19
  • Lot dimension is: 44 x 170
  • Lot zoned: multi 12 unit
  • Present use: Multi-Family
  • Road surface: Asphalt
  • Road frontage: City Street
  • Public sewer
  • Public water
  • Video: https://www.propertypanorama.com/instaview/gbar/335551#tour

Listing Contacts

KA
NY 10401289330
Elmira-Howard Hanna Real Estate Services Inc
Listed by Elmira-Howard Hanna Real Estate Services Inc

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