26 Fayette Street | BINGHAMTON
RECENT PRICE REDUCTION! Projected 13.5% Cap Rate • Low Expenses • High Cash Flow • Motivated Seller! Add this income-producing triplex to your portfolio. Situated within walking distance of public transportation, shopping, restaurants, and major employers, this property offers strong appeal to tenants. The building includes a large 4-bedroom apartment on the first floor, a second large 4-bedroom apartment on the second floor, and a massive studio apartment on the third floor. The second-floor unit was recently vacated and is currently available for lease, providing an opportunity to increase rents or select a new tenant. The property has a strong rental history, generous unit sizes, and consistent demand, making it an attractive option for both new and experienced investors seeking immediate income potential with upside through lease-up of the vacant unit. Financials based on full occupancy. GBAR MLS #336488
Directions to property: From downtown traffic circle head East on Court street, turn right on Fayette.
