Investment Property for Sale at 36 & 36.5 Fayette St in Binghamton, New York for $949,900

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36 & 36.5 Fayette St | BINGHAMTON

$949,900 | 18 Beds | 8,024 Sq. Ft.

Excellent Downtown Binghamton investment opportunity featuring two separate buildings with a total of 11 fully rented apartments generating $10,325/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. GBAR MLS #335780

Directions to property: Court to Fayette

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: 
Amity L. Deubler
Listing Agent Phone: 
607-761-2765
Listing Agent Email: 
amity [dot] deubler [at] exprealty [dot] com (send a message)
Listing Office Name: 
eXp REALTY
Listing Office Phone: 
888-276-0630