19 Mygatt St, Binghamton, NY 13905

Don't miss this spectacular opportunity to own this fully renovated, centrally located, 12 unit apartment building in Binghamton's First Ward District. This building just had approximately $1.29M in renovations and is being offered for sale for less than the cost of the renovations! Turn key opportunity to fill this building with the tenants that you choose. This is a rapidly developing area with the development of the Charles St Industrial Park and $10M in DRI funds being dedicated to the Clinton Street area. Some of the renovations include: New roof (including sub panels) 20 year warranty, New Electric (800 Amps), New doors, windows, walls and floors. New appliances with manufacturer warranty, Fire Protection System, Sprinkler System, Insulation, HVAC (each unit has high efficiency mini split systems), Plumbing updated and all lead and asbestos removed from the building. Priced to sell at an impressive 11.24% Pro Forma CAP Rate!