10 Norton Dr, Binghamton, NY, 13905

10 Norton Dr Binghamton, NY 13905

10 Norton Dr, Binghamton, NY, 13905
10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905 10 Norton Dr, Binghamton, NY, 13905
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$543,210
Last Verified:
Nov 29, 2024

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Highlights

  • - 3,323 SF building with 6 units
  • - New Roof in 2024 with transferable warranty.
  • - All Separate Gas & Electric meters
  • - Built in 1965, renovated in 2024
  • - Multifamily investment opportunity
  • - Updated amenities and modern conveniences
  • - Strong income
  • - Prime Binghamton location
  • - Attractive vintage charm with modern upgrades

Description

Introducing a prime investment opportunity in the Binghamton area! All Separate Gas & Electric meters. Owner Pays Heat & Hot Water. This multifamily property offers a well-maintained 3,323 SF building comprised of 6 units, providing a solid income stream for savvy investors. New Roof in 2024 with transferable warranty. Built in 1965 and recently renovated in 2024, the property embodies a perfect balance of vintage charm and modern amenities. Its strategic location in the Binghamton area offers a desirable blend of tranquility and accessibility. Don't miss the chance to add this promising property to your investment portfolio and capitalize on the attractive prospects it presents for multifamily and low-rise/garden investors.

Situated in the heart of Binghamton, NY, the location boasts a dynamic mix of charm and modern conveniences. Just minutes away from downtown, tenants can enjoy a bustling business district with a variety of dining options and retail establishments. The area also features a strong sense of community, with access to nearby SUNY Broome, parks and recreational facilities offering opportunities for outdoor activities. Furthermore, with easy access to major highways and public transportation, the property provides a convenient location for employees and clients alike.


Year Built: 1965
Building Size: 3323sq ft
Building Class: C
Lot Size: 0.87 acres


Documents

SVN - 10 Norton Offering Memorandum

Map of 10 Norton Dr, Binghamton, NY, 13905

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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.