Residential Income in Binghamton

$214,900

8-10 Jay St, 13901, Binghamton, NY

UNDER OFFER

Residential Income for sale in Binghamton, 8-10 Jay St, 13901, 2200 m²

8-10 Jay St, 13901, Binghamton, NY

$214,900

5Bed
2200
Type: Residential Income

Description

Excellent investment opportunity in Downtown Binghamton featuring a well-maintained duplex on a spacious double lot. Both units are fully rented with long-term tenants, providing immediate and stable income. The first-floor unit offers 3 bedrooms, while the second-floor unit offers 2 bedrooms. Current rents are $1, 500 and $1, 075 per month, with one tenant in place for over 10 years. Features include separate tenant-paid utilities, private laundry for each unit, off-street parking, covered front and back porches, updated windows, insulation and weatherization improvements, separate entrances, and basement storage. A new roof was installed in 2023. Conveniently located near Downtown Binghamton, public transportation, shopping, dining, and everyday amenities. A strong opportunity for investors seeking a stabilized multifamily asset with dependable cash flow and low utility exposure. Strong rental history and minimal owner-paid utilities support dependable long-term returns.

Location

8-10 Jay St, 13901, Binghamton, NY

Data

Object TypeResidential Income
Purchase Price$214,900
Living Space2200 m²
Plot SizeN/A
BathroomsN/A
Construction Year1920
ConditionNot specified
RoomsN/A

Energy Information

Heating TypeForced Air
Primary Energy SourceN/A
Construction Year1920
Energy CertificateN/A
Final Energy DemandN/A
Certificate Valid UntilN/A
Energy Efficiency ClassN/A

Contact Agent

Listing Agent