Whitney Point Prime 5-Unit Investment

6 Dedrick Hill Rd, Binghamton, NY 13905

  • For Sale $387,500
  • Property Type Multi-Family
  • Property Size 7,000 SF
  • Units 5
  • Lot Size 0.71 Acre
  • Building Class C
  • Year Built 1950
  • Date Updated Mar 5, 2025
Located in the Whitney Point School District, this massive 5-unit multi-family property sits just 7 miles from Upper Front Street, offering easy access to shopping, dining, and major roadways. Positioned in a growing rental market, this property presents a fantastic investment opportunity with strong income potential.Opportunity knocks with this HUGE 5-unit multi-family home in the Whitney Point School District! Located just 7 miles from Upper Front Street, this property is in the middle of a complete renovation, with so many new features that will make life and maintenance so much easier for the new owner. This includes brand new electric with each unit having its own 100-amp panel box, new heating units, new plumbing, updated septic, almost all new windows and doors, and many more renovations on the interior! The units still need finishing on the inside, but the entire building is more than 7000 Square Feet! Utilities are separate for each unit, making expenses low and profit potential through the roof! With two 3 bedroom, two 2 bedroom, and one 1 bedroom unit the potential gross revenue could be north of $5000 per month! Do not wait! Call today to set up a showing!
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Highlights

  • -5-unit multi-family property with over 7,000 sq. ft. of space.
  • -Units still need interior finishing, allowing for customization.
  • -Brand new electrical system, each unit has its own 100-amp panel box.
  • -New heating units, plumbing, and updated septic for efficiency.
  • -Nearly all new windows and doors for energy savings.
  • -Separate utilities for each unit, keeping expenses low.
  • -Unit breakdown: Two 3-bedroom, two 2-bedroom, and one 1-bedroom.
  • -Potential gross revenue over $5,000/month once fully rented.

Contacts

broker

Yaman Commercial Industrial

Location

Getting Around

  • Walk Score ®

    4/100 Car-Dependent
  • Bike Score ®

    6/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Binghamton, NY
  • Zip Code 13905

Points of Interest

  • Speedway

    5.42 miles

  • Kwik Fill

    5.91 miles

  • Sunoco

    6.81 miles

  • Hess

    7.14 miles

  • Tesla Supercharger

    7.74 miles

  • Nanticoke Creek Fishing Access

    7.95 miles

  • BAGSAI Parking

    8.47 miles

  • Truck parking

    8.83 miles

  • Lot HSC2

    9.62 miles

  • Lot HSC1

    9.66 miles

  • Quality Inn & Suites

    7.46 miles

  • Motel 6

    7.94 miles

  • Comfort Inn

    7.97 miles

  • Red Roof Inn

    8.66 miles

  • Fairfield Inn Marriott

    8.69 miles

  • Comfort Inn & Suites

    8.82 miles

  • La Quinta Inn

    8.85 miles

  • Econo Lodge

    9.01 miles

  • Red Roof Inn Binghamton North

    9.05 miles

  • Hampton Inn Binghamton/Johnson City

    9.07 miles

  • The Airport Inn

    4.49 miles

  • Lucky Kitchen

    5.40 miles

  • Aiello's

    5.40 miles

  • Dunkin' Donuts

    5.89 miles

  • Arby's

    5.99 miles

  • McDonald's

    6.11 miles

  • Ice Cream

    6.65 miles

  • A Tavolo

    6.67 miles

  • Frank's Italian Restaurant

    6.79 miles

  • Spiedie & Rib Pit

    7.04 miles

  • Chenango Forks Central School

    5.10 miles

  • Whitney Point Central High School

    6.21 miles

  • Maine Memorial School

    6.68 miles

  • Ingalls School

    7.10 miles

  • Chenango Valley Central School

    7.35 miles

  • Hillcrest Elementary School

    7.71 miles

  • Saint Catherine's School

    7.89 miles

  • Broome Community College

    8.29 miles

  • H L Johnson School

    8.88 miles

  • Endwell Junior High School

    8.96 miles

  • ABC Child Care & Learning Center

    9.80 miles

Frequently Asked Questions

How much does Whitney Point Prime 5-Unit Investment cost?

The space currently listed for sale at Whitney Point Prime 5-Unit Investment asks for $387,500.

What is the total square footage of Whitney Point Prime 5-Unit Investment?

Whitney Point Prime 5-Unit Investment totals 7,000 square feet.

When was this property built?

Whitney Point Prime 5-Unit Investment was built in 1950.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

Yaman Commercial Industrial

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