Investment Property for Sale at 288 Robinson Street in Binghamton, New York for $300,000

Tools

288 Robinson Street | BINGHAMTON

$300,000 | 7 Beds (5 Full) | 3,600 Sq. Ft.

Recently Reduced $50,000. Investor opportunity on Binghamton’s East Side. This well-maintained 5-unit property features four apartments in the main building plus an attached single-family-style unit. A new tenant was recently secured at a higher rental rate, increasing the property’s income. Situated on a corner lot, the property includes 4 garages, with 2 currently rented, plus a coin-operated laundry area for additional income. Improvements include a metal roof approximately 16 years old, shingle roof sections on the main building and garages approximately 8 years old, blown-in insulation, many newer windows, and a well-maintained combi boiler. Separate electric meters serve the main building, with separate electric and gas meters for the attached unit. Stable income, multiple revenue streams, and value-add potential. GBAR MLS #336422

Directions to property: Robinson ST and Milford 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