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257 Washington Street, Binghamton, NY 13901
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$1,600,000
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Home Details for 257 Washington Street
Price
$1,600,000
Type
Condo/Townhome
Bedrooms
24
Year Build
1926
Sq. Ft.
6612
County
Broome
Basement
Walk-Out Access
Tax
$68,470
MLS®️ Listing#
329888
On exitrealty.com
246 days
Property Description
257 Washington Street is a historic 1926 building in Downtown Binghamton offering 12,544 SF across 18 units. Zoned CI, it is strategically located within the Binghamton MSA and presents a strong opportunity for multifamily or mid-rise investors. Eleven units are already finished and leased, providing income stability with additional upside through completing the remaining units.
Extensive upgrades include automatic locks, separate utilities and HVAC for each unit, a full sprinkler system, an elevator, and a modern security system. Historic tax credits are also available, creating valuable financial incentives. With its prime location, strong tenant base, and remaining value-add potential, this asset is well positioned for long-term growth.
- House Interior
- Cathedral Ceiling(s)
- Vaulted Ceiling(s)
- Cooling Information
- Central Air
- Heating Information
- Forced Air
- Water Features
- Public
- Utilities
- Cable Available
- Basement
- Walk-Out Access
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 ©2025 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
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$1,600,000
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