Investment Property for Sale at 99 Robinson Street in Binghamton, New York for $250,000

99 Robinson Street | BINGHAMTON

$250,000 | 12 Beds | 4,756 Sq. Ft.

6-unit value-add with massive rent upside and a rare setup: five vacant units ready for renovation and one occupied at below-market rent. That's nearly the entire building's income waiting to be created, and you're not paying for someone else's stabilized numbers, you're buying the upside itself. Renovate on your own schedule with no tenants to work around, set market rents from day one, and force appreciation across all six units. Uniform mix of six 2-bedroom units (12 beds total) makes the renovation repeatable and leasing simple. The big-ticket exterior item is done, metal roof replaced in the last 5-7 years, so every renovation dollar goes straight into rent-driving interior work. Off-street parking behind the building, walkable location near downtown Binghamton and transit, and deep, consistent 2-bedroom demand. For a renovate-and-hold investor, this is as clean a value-creation story as you'll find in this market. GBAR MLS #337535

Directions to property: From downtown Binghamton, take Court Street east, then turn onto Robinson Street. The property is in the first block, just past the Court Street intersection, look for #99. There is a driveway that runs through the cement walls, take that and veer to the left. You will first pass 103 Robinson Street, and then 99 Robinson Street with be on your left.

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: 
Vincent Lucenti
Listing Agent Phone: 
607-422-5076
Listing Agent Email: 
vincent [dot] lucenti [at] svn [dot] com (send a message)
Listing Office Name: 
INNOVATIVE COMMERCIAL ADVISORS
Listing Office Phone: 
607-203-1826