Offered for sale is this 3 unit in an excellent location. This is central to Binghamton, NY. Directly on Glenwood Avenue with fast and easy access to Clinton St., and the I86 interchange. Being able to reach the entire Binghamton MSA with a 20 minute drive time creates a strong rental demand in this area. This property has had many recent updates including a new roof and siding 2019 and a new furnace 2023, This is a fully leased and well maintained property with laundry on site. This is in a Federal opportunity zone !
This is central to Binghamton, NY. Directly on Glenwood Avenue with fast and easy access to Clinton St., and the I86 interchange. Being able to reach the entire Binghamton MSA with a 20 minute drive time creates a strong rental demand in this area.
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.
