7 TOMPKINS ST
BINGHAMTON, NY 13903

Back on the market due to buyer not being able to produce funding. SVN Innovative presents an excellent investment opportunity with the offering of an all brick exterior 5-building complex, comprising 20 units, conveniently located near downtown Binghamton, on the bus line, and walking distance to court street. Each building consists of one 2-bedroom apartment and three 1-bedroom apartments. There is a parking lot located at the back of the building for plenty of off street parking and 10 garage spaces ($50/mo). There is coin-op laundry in the basement for additional income. Apartments are generous size with abundant natural lighting. Updates included a new roof on one building, replacement windows in 2 buildings. Half the complex has been converted to electric baseboard heat, and the rest of complex is a mixture of baseboard and forced hot air. Tenants pay electric, landlord pays gas. Same owner for past 12 years. Refinanced in 2021 and switched LLC.

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