Investment Property for Sale at 108 Walnut Street in Binghamton, New York for $240,000

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108 Walnut Street | BINGHAMTON

$240,000 | 7 Beds (2 Full) | 3,032 Sq. Ft.

Renovated student rental property in R-3 zoning with brand new electrical systems at a 10%+ cap rate ready for its next investor! No need to do any work because it has already been done! This property is completely turnkey along with the possibility of growing the rental income even more. Centrally located close to just about everything imaginable and is a snap to find tenants for. New floors, paint, appliances, and more! There are 7 bedrooms with the possibility of an 8th among two units. One of them is currently vacant and the rest are leased to May 2024. Utilities are separated per unit and each tenant has a utility cap of $35-50 a month. Each unit has their own laundry set. Large driveway for off-street parking and steps from major bus routes. Add this one to your portfolio today! GBAR MLS #324847

Directions to property: 17 to Front St, right on Gerard to end. Left on Walnut, house on left. Or Main St to Walnut.

Contact Information

To inquire about this property, please contact your REALTOR® directly if you are already working with one, or use the contact information provided below to contact the listing agent or brokerage directly. GBAR staff is unable to provide real estate listing information. Please contact one of our REALTOR® members if you need more information about this or any other listing.
Listing Agent Name: 
Noel C Sleilati
Listing Agent Phone: 
607-761-4266
Listing Agent Email: 
noelsleilati [at] howardhanna [dot] com (send a message)
Listing Office Name: 
HOWARD HANNA
Listing Office Phone: 
607-754-2600