Investor opportunity in a convenient Binghamton location with easy access to NY-17/I-86 and Front Street. This fully occupied 2-unit property features two 2-bedroom apartments, each rented at $1,050 per month, providing immediate and stable cash flow from day one. With a current cap rate of approximately 12.3%, this property offers strong returns for both new and seasoned investors. The property includes separate heating systems, with one furnace located in the attic. A straightforward investment with solid income, strong cash flow, and a desirable location close to major transportation routes, shopping, and employment centers.
51 days
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410
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16
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Zillow last checked:
Listing updated:
Listed by:
INNOVATIVE COMMERCIAL ADVISORS607-203-1826,
Lisberto Calvo Garcia
Source: GBMLS,MLS#: 336409Originating MLS: Greater Binghamton Association of REALTORS
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