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146 Beethoven St, Binghamton, NY, 13905

11beds
6baths
6,258sqft
$475,000
$76price/sqft
$4,538/moest. monthly cost
$181,520/yrincome needed

About This Home

Turnkey West Side Student Housing – 10% ROI Business Opportunity! Attention investors! Capitalize on Binghamton’s thriving student rental market with this massive, cash-flowing multi-family property located at 146 Beethoven St. Boasting a 10% ROI, this is a highly profitable, low-vacancy addition to any portfolio. The Property Layout: (1) Spacious 3-Bedroom Unit (3) Large 2-Bedroom Units (2) Comfortable 1-Bedroom Units Premium Location & High Student Demand: Situated on the West Side, just one building off Main Street. It offers unbeatable convenience for students—walking distance to the bus lines, popular restaurants, local shops, and neighborhood amenities. High visibility and ease of commute ensure a steady stream of student applicants year after year. Key Updates: NEW ROOF: significantly lower capital expenditures (CapEx) for years to come with a recently replaced roof (12/2024). Schedule your showing today and secure a high-yield asset in a prime student hub!

Getting Around

85
WalkingVery Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

5/10
Thomas Jefferson SchoolGrades K-50.4 mi
3/10
West Middle SchoolGrades PK,6-80.5 mi
3/10
Binghamton High SchoolGrades PK,9-120.8 mi

Construction

Condition

  • Year built: 1970

Materials

  • Foundation: Basement
  • Construction materials: Cedar

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Apartment

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Gas Water Heater,Microwave,Range,Refrigerator,Range Hood,Washer

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Flooring: Carpet,Hardwood,Vinyl
  • Finished area above ground: 6,258

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total interior livable area: 6,258 sqft

Property

Details

  • Parcel number: 03020016002100040310000000
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Patio & porch: Covered,Porch
  • Exterior features: Porch

Lot

  • Lot size: 6,258 sqft
  • Lot size dimensions: 62 x 75

Parking

  • Parking features: None