$269,888

House for sale Binghamton
Property photo number 1 of 16 Photos for Property. File  104905783_29_49bb6a412bdce981208a6fe7cf52be12.jpeg

Overview

SUMMARY: Discover an opportunity with this Binghamton house for sale and available for $269,888. This could be your next ideal home or a smart investment. More details await.
EXCEPTIONAL MIXED-USE TRIPLEX INVESTMENT IN THE VILLAGE OF PORT DICKINSON SOLID 1960-BUILT MIXED-USE PROPERTY OFFERING 2,860 SQ FT OF TOTAL SPACE WITH THREE INCOME-PRODUCING UNITS AND STRONG CURRENT CASH FLOW. CURRENTLY GENERATING $2,620 PER MONTH ($31,440 ANNUALLY)...... Unit
Breakdown ----- First Floor Front - Beauty Salon (approx. 460 sq ft): Updated electric, mini-split heating and cooling, half-bath with washer/dryer, and kitchenette. Tenant paying $800/month (month-to-month)........ First Floor Rear - 1-Bedroom Apartment (approx. 690 sq ft): 1 bed, 1 full bath, living room, and kitchen. Tenant paying $670/month (month-to-month)....... Second Floor + Attic - 3-Bedroom Apartment (approx. 1,246 sq ft total): Main level (966 sq ft) features 1 bedroom, full bath, kitchen, dining room, and living room; attic level (280 sq ft) adds two additional bedrooms. Tenant paying $1,120/month (lease through February). Property Features ------ Updated windows throughout --- New bathroom siding --- Separate utilities for all units --- Gas forced-air furnace for the residential units + efficient mini-splits in the salon --- Full basement for utilities and storage --- Large detached 2-car garage plus additional off-street parking --- Municipal sewer and public water --- Low-maintenance carpet and vinyl flooring with large windows providing excellent natural light --- Ideally located in the desirable Village of Port Dickinson within the highly regarded Chenango Valley Central School District....... Convenient access to highways, shopping, dining, and downtown Binghamton....... This is a rare turnkey mixed-use opportunity with solid tenants already in place and excellent long-term upside for the seasoned investor. Don't miss this income-producing gem!
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Details

  • Beds: 3
  • Baths: 3
  • Price: $269,888
  • Reference No.: 94723998
  • Area: 2,860 sqft

Location

Marketed by:

  • Joseph Lombardo
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