Offered for sale is a well maintained 51-unit student housing complex in Binghamton’s West Side. The property consists entirely of two-bedroom units across two buildings in a proven student rental location one building off Main Street and within walking distance to the Court Street Bridge and Downtown.
Both buildings have new roofs totaling approximately $160,000 in recent improvements. 1 Mather has a single gas meter with separate electric meters. 3 Mather features separate gas and electric meters with individual furnaces in each unit. Walk Score of 83 with SUNY and public bus access nearby.
Zoned for 54 units, the site allows for three additional basement units under existing zoning, providing clear value add potential. Strong exposure with approximately 12,690 vehicles per day.