36 & 36.5 Fayette St, Binghamton, NY 13901

Excellent Downtown Binghamton investment opportunity featuring two separate buildings with a total of 11 fully rented apartments generating $10,425/month in rental income. Well-maintained and recently updated, this stabilized property offers strong cash flow and a consistent occupancy history in a highly convenient location near downtown employers, public transportation, dining, entertainment, and the Mirabito Stadium district. Separate electric meters with electric paid by tenants, helping reduce owner expenses and improve operational efficiency. Significant capital improvements include newer roofs installed in 2019/2025. Ownership completed numerous interior updates throughout the property including updated flooring, kitchens, bathrooms, and appliances, enhancing tenant appeal and functionality. Strong income-producing multifamily asset offering recent improvements, operational efficiency, and long-term investment potential in one of Binghamton’s most active rental corridors.