RECENT PRICE REDUCTION! Projected 13.5% Cap Rate • Low Expenses • High Cash Flow • Motivated Seller! Add this income-producing triplex to your portfolio. Situated within walking distance of public transportation, shopping, restaurants, and major employers, this property offers strong appeal to tenants. The building includes a large 4-bedroom apartment on the first floor, a second large 4-bedroom apartment on the second floor, and a massive studio apartment on the third floor. The second-floor unit was recently vacated and is currently available for lease, providing an opportunity to increase rents or select a new tenant. The property has a strong rental history, generous unit sizes, and consistent demand, making it an attractive option for both new and experienced investors seeking immediate income potential with upside through lease-up of the vacant unit. Financials based on full occupancy.
33 days
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161
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8
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Zillow last checked:
Listing updated:
Listed by:
INNOVATIVE COMMERCIAL ADVISORS607-203-1826,
James Lucenti,
Scott Warren,
INNOVATIVE COMMERCIAL ADVISORS
Source: GBMLS,MLS#: 336488Originating MLS: Greater Binghamton Association of REALTORS
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