Investment Property for Sale at 6 Stone Street in Binghamton, New York for $190,000

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6 Stone Street | BINGHAMTON

$190,000 | 6 Beds (2 Full) | 2,778 Sq. Ft.

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. GBAR MLS #335635

Directions to property: 434 To South Washington then a right onto Stone. On the corner of S. Washington and Stone

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: 
Daniel Schmitt
Listing Agent Phone: 
607-348-6553
Listing Agent Email: 
dschmitt [at] c21ne [dot] com (send a message)
Listing Office Name: 
CENTURY 21 NORTH EAST
Listing Office Phone: 
607-757-2100