Investment Property for Sale at 12.5 Franklin St in Binghamton, New York for $125,000

12.5 Franklin St | BINGHAMTON

$125,000 | 4 Beds (2 Full) | 1,848 Sq. Ft.

Investor opportunity in a convenient Binghamton location with easy access to NY-17/I-86 and Front Street. This fully occupied 2-unit property features two 2-bedroom apartments, each rented at $1,050 per month, providing immediate and stable cash flow from day one. With a current cap rate of approximately 12.3%, this property offers strong returns for both new and seasoned investors. The property includes separate heating systems, with one furnace located in the attic. A straightforward investment with solid income, strong cash flow, and a desirable location close to major transportation routes, shopping, and employment centers. GBAR MLS #336409

Directions to property: Front St to Franklin St

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: 
Lisberto Calvo Garcia
Listing Agent Phone: 
607-725-2246
Listing Agent Email: 
lisberto [dot] calvo [at] svn [dot] com (send a message)
Listing Office Name: 
INNOVATIVE COMMERCIAL ADVISORS
Listing Office Phone: 
607-203-1826