NY
Cortland
Marathon
13803
1 Mill Portfolio Street
1 Mill Portfolio Street, Marathon, NY 13803
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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
44
MLS Listing#
333486
Property Description

Exceptional investment opportunity in Marathon, NY—three duplexes and one triplex offering a total of 9 units, with three properties on the same street and the fourth just a block away. Fully rented and stabilized, this turnkey portfolio generates $9,275/month in gross income and delivers a strong 9.5% cap rate after all expenses. All units feature electric heat (tenant-paid), laminate flooring, and several freshly painted interiors for easy maintenance and modern appeal. Investors will appreciate the consistent cash flow and minimal owner expenses. A single-family home on the same street, currently in need of repairs, can also be included for additional value and future upside for an extra price. Start earning from day one with this well-maintained, high-performing multifamily package.

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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 ©2025 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
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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 #: 10301223973
Associate Broker
Office
607 724 3948
Agent
607 235 6515
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