Turnkey two-family investment in Binghamton’s Southside neighborhood offering strong in-place income and long-term potential. The property features two spacious 3-bedroom units and approximately 2,778 sq. ft. of living space, with above-average layouts that attract and retain tenants. Currently generating $2,800/month, or $33,600 annually, with both tenants in place and current on rent, delivering immediate cash flow. Located minutes from UHS Binghamton General Hospital, near Conklin Ave. and Vestal Ave., with convenient access to shopping, restaurants, downtown, and major roadways. At the asking price, the property offers approximately a 10% cap rate, making it a compelling opportunity for investors seeking strong returns and stable cash flow. Recent updates include refinished hardwood floors and rerouted gutters. Photos were taken before current tenants moved in; updated photos coming soon.
84 days
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236
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13
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Zillow last checked:
Listing updated:
Listed by:
CENTURY 21 NORTH EAST607-757-2100,
Daniel Schmitt
Source: GBMLS,MLS#: 335635Originating MLS: Greater Binghamton Association of REALTORS
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