NY
Broome
Binghamton
13903
49 & 51 Park Avenue
49 & 51 Park Avenue, Binghamton, NY 13903
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Listing Type
Condo/Townhome
Listing Status
Active
47
$250,000

Home Details for 49 & 51 Park Avenue

Price
$250,000
Type
Residential Income
Bedrooms
20
Square feet
7904
Year built
1960
County
Broome
Days on site
135
MLS Listing#
335621
Property Description

AUCTION: 11-unit multifamily investment opportunity on Binghamton’s South Side, with bidding starting at $250,000. Please see more information and sign up for the auction here: https://www.crexi.com/properties/2604840/new-york-south-side-11-unit-investment Located at 49-51 Park Avenue, this well-maintained, professionally managed complex includes 5 units at 49 Park Avenue and 6 units at 51 Park Avenue. The unit mix consists of nine 2-bedroom and two 1-bedroom apartments, offering strong in-place occupancy and immediate cash flow. Within walking distance of UHS and just a half-mile from Downtown Binghamton, the property is positioned near employment, healthcare, and everyday amenities. Current rents are below Broome County Fair Market Rent, creating a clear opportunity for future rental growth. This is a rare turnkey investment with immediate income and long-term upside.

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Property Features
  • Cooling Information
    • None
  • Heating Information
    • Baseboard
  • Water Features
    • Public
  • Utilities
    • Cable Available
  • Parking
    • Driveway
School Information
School Information for 49 & 51 Park Avenue, Binghamton, NY 13903
Elementary School
MacArthur
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
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Neighborhood Market Statistics
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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
Office
607 724 3948
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