88 Glenwood Portfolio

88 Glenwood Drive Portfolio Binghamton, NY 13905

88 Glenwood Drive Portfolio, Binghamton, NY, 13905
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$749,000
Last Verified:
May 27, 2022

Highlights

  • Meticulously maintained.
  • All rents are below market.
  • 100% Occupied.
  • Turn key investment opportunity.
  • Priced to sell.

Description

Pride of ownership makes this difference with this meticulously maintained mixed use portfolio. 3 Buildings, 12 Total Residential units with 3 Commercial Units. 100% Occupied. Rents are all below market.

This is a portfolio listing with one building in W. Endicott, one Building on Glenwood Ave in Binghamton and another on Bradley St in Binghamton. All 3 locations are excellent.

Building Size: 11536sq ft
Lot Size: 0 acres


Documents

Offering Memorandum (L)

Map of 88 Glenwood Drive Portfolio, Binghamton, NY, 13905

Presented by:
Warren Real estate

Request additional information
Scott Warren


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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.