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49 & 51 Park Avenue, Binghamton, NY 13903

Binghamton
Local realty services provided by:CENTURY 21 North East
49 & 51 Park Avenue,Binghamton, NY 13903
$250,000
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  • 20 Beds
  • - Baths
  • 7,904 sq. ft.
  • Multi-family
  • Active
Listed by: scott warren, coty lunn
Office: innovative commercial advisors
MLS#:335621
Source:NY_GBAR

Price summary

  • Price:$250,000
  • Price per sq. ft.:$31.63

About this home

AUCTION: 11-unit multifamily investment opportunity in Binghamton's South Side offered at auction, with bidding starting at $250,000 Comprised of two well-maintained buildings at 49 and 51 Park Avenue, the property offers strong in-place occupancy, professional management, and immediate cash flow in a highly convenient location The complex includes 5 units at 49 Park Avenue and 6 units at 51 Park Avenue, with a unit mix of nine 2-bedroom apts and two 1-bedroom apts. Located within walking distance of UHS and just a half-mile from Downtown Binghamton, the property is well positioned to attract and retain tenants seeking proximity to employment, healthcare, and downtown amenities Current rents are below Broome County Fair Market Rent, creating a meaningful opportunity for future rental growth. This offering represents a rare turnkey investment with immediate income and significant upside, making it an excellent opportunity for investors seeking long-term and cash flow long term.

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Home facts

  • Year built:1960
  • Listing ID #:335621
  • Added:89 day(s) ago
  • Updated:July 25, 2026 at 03:15 PM

Rooms and interior

  • Bedrooms:20
  • Flooring:Carpet, Hardwood, Tile
  • Living area:7,904 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1960
  • Building area:7,904 sq. ft.
  • Lot Features:Level
  • Architectural Style:MultiFamily
  • Construction Materials:Aluminum Siding
  • Foundation Description:Basement

Schools

  • Elementary school:MacArthur

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$250,000
  • Price per sq. ft.:$31.63
  • Tax amount:$14,801

Features and amenities

  • Appliances:Gas Water Heater

Parking

  • Parking description:Driveway

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