Property Description for 151 Oak, Binghamton, NY 13905
Lot size: 75' front by 160.5' deep.
12 residential units. All one-bedroom apartments
with living room, bedroom, kitchen and bathroom.
â€¢ Each apartment is approximately 700 sq. feet.
â€¢ Off-street parking with 6 garages not in use
(Potential money maker).
â€¢ Annual Rent Roll: $70,880
Annual Operating Expenses: $40,800
â€¢ Utilities â€“ Heat, Gas, Electric, Water and Sewer â€“ $15,300
â€¢ Taxes â€“ $13,200
â€¢ Insurance â€“ $ 4,500
â€¢ Management Fee â€“ $ 4,800
â€¢ Repairs/Maintenance â€“ $ 3,000
Over-sized one-bedroom apartments with
ample space and comfort rehabilitated block
of smaller buildings. 2 blocks from Main Street.