274 Chenango St, 13901, Binghamton, NY
274 Chenango St, 13901, Binghamton, NY
$299,900
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.
Amity Deubler
274 Chenango St, 13901, Binghamton, NY