Investment Property for Sale at 206 Clinton Street in Binghamton, New York for $99,999

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206 Clinton Street | BINGHAMTON

$99,999 | 5 Beds (4 Full) | 3,628 Sq. Ft.

Income-Producing Multi-Family Opportunity with Additional Annex Unit! Located in Binghamton's First Ward, this investment property offers multiple income streams and value-add potential. The property features a spacious 3-bedroom unit that will be delivered vacant, providing an excellent opportunity for an owner-occupant or investor to lease at a projected market rent of approximately $1,200 per month. Two additional 1-bedroom units are currently generating income at $750 and $725 per month, along with an annex unit producing $450 per month. With projected gross monthly rental income of approximately $3,125 per month when fully occupied, investors can capitalize on both immediate cash flow and future appreciation. Conveniently located near downtown Binghamton, public transportation, shopping, restaurants, schools, and major roadways. Whether you're looking to expand your portfolio or offset your mortgage with rental income, this property presents a compelling opportunity. GBAR MLS #336208

Directions to property: Glenwood Ave to Clinton Street - Cross street Jarvis & Clinton

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: 
Christie Wall
Listing Agent Phone: 
607-972-9822
Listing Agent Email: 
cwall [at] exithb [dot] com (send a message)
Listing Office Name: 
EXIT REALTY HOMEWARD BOUND
Listing Office Phone: 
607-729-5500