$583,000 SALE
Multi-Family
70 Rotary Ave
Binghamton, NY 13905 Rotary Avenue Portfolio



Portfolio of 3 buildings, 8 units, 22 beds. All well-cared for with recent upgrades, attractive apartments, and solid rental history. Includes 742 Riverside, 42 Rotary and 70 Rotary. Mix of student, young professional and market renters. Financials available upon request.


Property Type Multi-Family
Property Use Rental or Investment
Year Built 1900
Renovated Year 2019
Cap Rate Percentage 9
Listing ID M8HKBS
Style Other Style
Available Date Aug 12th, 2021
Taxes $14,859
Property Features
Parking Places: 15
Garage Count: 2 Car Garage
Heating Type: Baseboard, Steam Heat
Area Amenities: Area Hiking, Golf, Area Tennis, Jogging / Biking Path, Area Hunting, Outdoor Activities
General: Ceiling Fan(s), Laundry Facilities, Window Treatments
Heating - Fuel Type: Gas
Interior: Blinds
Area Description: Metropolitan
Appliances: Range / Oven, Dryer, Dishwasher, Refrigerator, Microwave, Washer
Exterior Description: Stucco, Wood Siding
Sewer: Public
Flooring: Linoleum, Hardwood, Wall to Wall Carpet
Roof: Asphalt Shingle Roof, Rubber
Pre-Wiring: Cable, Phone Jacks
Lot Size: Under 1/2 Acre
Basement: Full
Road Type: City / Town Street
Water: Municipal Water
Age: Over 50 Years Old
Special Market: College / University
Exterior: Double Pane / Storm Windows, Sidewalk, Storm door
Financials
Gross Income: $97,260
Expenses: $40,651