NY
Cortland
Marathon
13803
1 Mill Portfolio Street
1 Mill Portfolio Street, Marathon, NY 13803
Share Listing
Listing Type
Condo/Townhome
Listing Status
Active
41
$649,900

Home Details for 1 Mill Portfolio Street

Price
$649,900
Type
Residential Income
Bedrooms
18
Bathrooms
Square feet
9250
Year built
1920
County
Cortland
Garage
4
Days on site
121
MLS Listing#
333486
Property Description

Exceptional investment opportunity in Marathon, NY. This stabilized portfolio includes four buildings totaling 9 units: 4 W Main Street is a duplex, 1 Mill Street is a three family, 6 Mill Street is a duplex, and 8 Warren Street is a duplex. Three properties sit on the same street with the fourth only a block away, creating operational efficiency and strong tenant demand. Fully rented and generating $9,275 per month in gross income, the package delivers a solid 9.5 percent cap rate after expenses. All units offer tenant paid electric heat, laminate flooring, and several freshly painted interiors for easy maintenance and broad renter appeal. An additional single family at 8 Mill Street, currently in need of rehab, can also be included for an additional amount, providing clear value add potential and future upside for investors seeking long term growth.

View Virtual Tour
Property Features
  • Parking
    • Driveway
    • Detached
    • Garage
  • Heating Information
    • Baseboard
    • Forced Air
  • Cooling Information
    • Ceiling Fan(s)
  • Water Features
    • Public
School Information
School Information for 1 Mill Portfolio Street, Marathon, NY 13803
Elementary School
Marathon
Middle School
N/A
High School
N/A
Listing Courtesy: INNOVATIVE COMMERCIAL ADVISORS - 607-203-1826
Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2026 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
Fair Housing Notice
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Great Binghamton AOR.
EXIT REALTY FRONT AND CENTER
1155 Front Street, Binghamton, NY 13905
Kregg Smith
License #: BK3302418
License #: 10301223973
Associate Broker
Office
607 724 3948
Agent
607 235 6515
Request more details
Code: