31 Baxter

31 Baxter St Binghamton, NY 13905

31 Baxter St, Binghamton, NY, 13905
31 Baxter St, Binghamton, NY, 13905 31 Baxter St, Binghamton, NY, 13905 31 Baxter St, Binghamton, NY, 13905 31 Baxter St, Binghamton, NY, 13905 31 Baxter St, Binghamton, NY, 13905 31 Baxter St, Binghamton, NY, 13905 31 Baxter St, Binghamton, NY, 13905 31 Baxter St, Binghamton, NY, 13905 31 Baxter St, Binghamton, NY, 13905 31 Baxter St, Binghamton, NY, 13905
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$165,000
Last Verified:
Dec 16, 2024

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Highlights

  • - 1,968 SF low-rise building
  • - 4 units for multifamily investment
  • - Separate Utilities
  • - Zoned R1-R2 for flexible use
  • - Well-maintained property for long-term potential
  • - Located in the thriving Binghamton area
  • - Solid foundation for income-generating investment
  • - Opportunity for exceptional returns

Description

Introducing a prime opportunity for multifamily property investment in Binghamton, NY. This 1,968 SF low-rise building, featuring 4 units, presents a lucrative venture for savvy investors. With Separate Utilities, this property offers a solid foundation for a successful multifamily venture. With a strategic location in the thriving Binghamton area, this investment promises both immediate and long-term potential for exceptional returns. Don't miss the chance to capitalize on this well-maintained property in the heart of Binghamton. Note: All of the financials are proforma. There are 3 vacant, ready to rent units, and one 1bedroom unit is occupied and paying $590 per month

Discover the vibrant surroundings of Binghamton, NY, where the rich history and dynamic energy of the city converge. The area boasts a thriving business district. Binghamton's strategic location within the bustling Southern Tier region makes it an ideal choice for investors seeking a prosperous and growing market. Experience the synergy of commerce and culture in the heart of Binghamton.


Year Built: 1955
Building Size: 1968sq ft
Lot Size: 0.24 acres


Documents

31 Baxter St Flyer
31 Baxter Brochure

Map of 31 Baxter St, 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.