5 Maria Manor

5 Maria Mnr Binghamton, NY 13903

5 Maria Mnr, Binghamton, NY, 13903
5 Maria Mnr, Binghamton, NY, 13903 5 Maria Mnr, Binghamton, NY, 13903 5 Maria Mnr, Binghamton, NY, 13903
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$225,000
Last Verified:
Dec 02, 2024

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Highlights

  • Right around the corner from 123 Park Ave and next to 7 Maria Manor.
  • Fully leased.
  • Separate utilities.
  • Walking distance to Ross Park Zoo.
  • Off Street parking.

Description

Excellent opportunity. This well cared for and fully leased quadruplex is right around the corner from 123 Park Ave and 7 Maria Manor. Would make a great package deal and consolidate management. In close proximity to Binghamton General Hospital. Approximately 1 mile from Downtown Binghamton. Central location with fast and easy access to Vestal Ave. NYS Route 434 and the Brandywine highway interchange. Convenient access to local dining, shopping, and entertainment options enhances the overall quality of life for potential tenants. This area enjoys a strong rental demand. This is a fully leased and well maintained quadruplex.

Excellent Southside location. Just off of Park Ave. In close proximity to Binghamton General Hospital. Approximately 1 mile from Downtown Binghamton. Central location with fast and easy access to Vestal Ave. NYS Route 434 and the Brandywine highway interchange. Convenient access to local dining, shopping, and entertainment options enhances the overall quality of life for potential tenants. This area enjoys a strong rental demand.


Year Built: 1980
Building Size: 1779sq ft
Lot Size: 0.23 acres


Documents

SVN - OM/Proposal/BOV (P)

Map of 5 Maria Mnr, Binghamton, NY, 13903

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.