Investment Property for Sale at 274 Chenango St in Binghamton, New York for $299,900

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274 Chenango St | BINGHAMTON

$299,900 | 5 Beds (4 Full) | 2,882 Sq. Ft.

Income-producing 4-unit property offering immediate cash flow with additional upside potential. The property is currently generating $2,900 per month in rental income, with one vacant unit being marketed at $1,200 per month. Once fully leased, projected gross rental income is approximately $4,100 per month, or $49,200 annually. Separate gas and electric meters allow tenants to pay their own utilities, helping reduce owner expenses. The spacious apartments feature hardwood floors and in-unit laundry. Covered porches, off-street parking, and a detached two-car garage provide additional convenience and value. Conveniently located near Downtown Binghamton, public transportation, shopping, dining, and other local amenities. A great opportunity for investors seeking established rental income with additional growth potential. GBAR MLS #338169

Directions to property: Robinson to Chenango

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: 
Amity L. Deubler
Listing Agent Phone: 
607-761-2765
Listing Agent Email: 
amity [dot] deubler [at] exprealty [dot] com (send a message)
Listing Office Name: 
eXp REALTY
Listing Office Phone: 
888-276-0630