Turnkey West Side Student Housing – 10% ROI Business Opportunity!
Attention investors! Capitalize on Binghamton’s thriving student rental market with this massive, cash-flowing multi-family property located at 146 Beethoven St. Boasting a 10% ROI, this is a highly profitable, low-vacancy addition to any portfolio.
The Property Layout:
(1) Spacious 3-Bedroom Unit
(3) Large 2-Bedroom Units
(2) Comfortable 1-Bedroom Units
Premium Location & High Student Demand:
Situated on the West Side, just one building off Main Street. It offers unbeatable convenience for students—walking distance to the bus lines, popular restaurants, local shops, and neighborhood amenities. High visibility and ease of commute ensure a steady stream of student applicants year after year.
Key Updates:
NEW ROOF: significantly lower capital expenditures (CapEx) for years to come with a recently replaced roof (12/2024).
Schedule your showing today and secure a high-yield asset in a prime student hub!
69 days
|
303
|
20
|
Zillow last checked:
Listing updated:
Listed by:
VERUS REAL ESTATE212-873-0111,
Anya Levitov
Source: GBMLS,MLS#: 335119Originating MLS: Greater Binghamton Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 11
Bathrooms: 6
Full bathrooms: 6
Heating
Forced Air
Cooling
None
Appliances
Included: Dryer, Dishwasher, Gas Water Heater, Microwave, Range, Refrigerator, Range Hood, Washer
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.