24 Centenary Street

24 Centenary Street is an 11-unit multifamily property located in downtown Binghamton, New York. The property consists of five studio apartments at $900/month, five one-bedroom apartments at $950/month, and one two-bedroom apartment at $1,000/month. The landlord pays all utilities, which is reflected in the current rent structure and expense profile. The property is currently 100% occupied and fully leased, with all 11 tenants having renewed their leases for an additional one-year term providing an acquiring investor with immediate, stable cash flow and minimal near-term rollover risk.