Offered for sale is a well maintained 9-unit mixed use building with a proven rental profile. The unit mix includes three one-bedroom units, one efficiency, three studios, one two-bedroom unit, plus a separately leased office. The property has benefited from major capital improvements within the past five years, including a new roof, fire escape, plumbing, and electrical systems. The building is professionally managed with an on-site superintendent in place and has demonstrated consistent performance supported by its Main Street setting, transit access, and commercial zoning that allows flexibility for multifamily or student housing use.
Welcome to 354 Prospect St, located in a high traffic location, many amenities, the hospital & the highway!!! This property has been completely updated & is ready to be added to your portfolio today. Previously used as a Airbnb, this property is currently fully furnished, it is ready to show & rent out! Don't miss out on this pristine property today!!!
Well-maintained two-family home located on Binghamton’s desirable Southside. Both units have been updated and feature hardwood floors throughout. The property offers a 2-bedroom unit and a spacious 4-bedroom unit, providing strong rental appeal. Rents are solid, making this a great investment opportunity. Conveniently located close to downtown, hospitals, schools, shopping, restaurants, and major roadways. A turnkey property in a prime location with consistent income potential.
Welcome to 29 Dickinson Ave! This is the first time on the market for this well maintained Duplex, located in CV Schools! Fully Rented with long term tenants, whom pay their own electric/gas! Don't miss out on adding this property to your investment portfolio today!
Invest or owner occupy this large Two-Family in the City of Binghamton. Same layout on first and second floor with each unit offering 2-3 bedrooms, living room, dining room and kitchen. Covered front porches with washer & dryer hookups in each unit. Separate utilities with gas heat and forced hot air. New HWH 2025, Furnace 2023 for first floor unit. Roof 2016. Driveway on left side for off-street parking. First floor vacant, second floor good long term paying tenants. Close to highways, bus-line restaurants and shopping. Also selling 197 Oak Street, Binghamton, MLS#334283. Purchase as a package for maximum value. Contact a real estate professional for more information.
Unbeatable value-add 6-unit multifamily with massive upside! Two units are currently rented, providing immediate cash flow, while four units are ready for renovation. Current rents are well below market, giving you a clear path to dramatically increase income. The property features a durable metal roof installed within the last 5 years, reducing future expenses and adding peace of mind. Priced to reflect its potential, this property allows an investor to renovate, increase rents, and stabilize for long-term cash flow growth. Spacious units and flexible layouts make it ideal for phased improvements, allowing you to generate income while upgrading. Additionally, four sets of brand-new white shaker cabinets are included with the sale, adding extra value and saving on renovation costs. A rare opportunity to take control of a high-potential asset and turn it into a strong-performing income property.
Income-producing multifamily in the heart of the Binghamton rental market, three fully leased units and is approved for student housing, providing immediate cash flow and stability. Built in 1970 and located in the desirable R3 multifamily zoning district, the property offers flexible use with potential for future expansion or redevelopment. The asset benefits from a strong rental history with 100 percent occupancy, off-street parking, and an excellent walkability score of 88, while being conveniently located near Binghamton University, downtown amenities, and public transportation. The property generates a gross operating income of $108,000 with operating expenses of $39,484, resulting in a net operating income of $63,116, equating to an 8.5 percent cap rate, a gross rent multiplier of 6.9, a debt service coverage ratio of 1.64, and a 10.94 percent cash-on-cash return based on traditional 70 percent LTV financing, making it a strong turnkey opportunity for a wide range of investors.
Priced to sell, two-family home in the heart of Binghamton's Southside. This is a truly fantastic ground floor investment, addition to current investment portfolio or owner occupy opportunity at an unbeatable price! This top-bottom style duplex offers plenty of space with 6 beds (3/ unit) and 2 full baths (1/unit). You'll also enjoy the ease of utility management with separate gas and electric meters. This property is also walking distance to many shops, services, amenities and various area bus lines adding a ton of convenience to your everyday living. Whether you're looking for a steady cash flowing property or living in one side and using the rent from the other to help pay the mortgage, this one is at least worth some consideration before it's too late! Call your Realtor today to see all this property has to offer!
Back on the market at a great new price for a fast as-is sale! Appraised at $245,000. Previous buyers' cold feet becomes your opportunity. Fantastic investment opportunity on Binghamton’s desirable West Side! This well-maintained duplex features beautiful hardwood floors throughout and updated electrical systems for peace of mind. Each unit offers separate boilers and electric meters, with tenants responsible for their own NYSEG utilities making this an easy, low-maintenance property for owners. Conveniently located close to the bus route, hospital, and SUNY Binghamton, this property attracts strong rental demand year-round. Whether you’re looking to expand your portfolio or live in one unit while renting the other, this duplex offers a great blend of comfort, location, and value. One unit is currently vacant for owner occupied interested buyers and showings.
Large 2-Family located just across from Otstinango Park in Binghamton. First and second floor units, each with 3-bedrooms, full-bath, living & dining rms and kitchen. Total living area is approx. 2,488 square feet. Separate utilities for each unit. Off-street parking for 3-vehicles. Large covered front porches, separate front and back entrances. Walk-up attic and full basement with washer and dryer hookups. Forced hot air on first floor and steam radiator on second. Boiler 2018. Roof 2013. First floor has new paint & flooring and updated kitchen w/new cabinets, counters, gas stove & refrigerator. Bathroom has new vanity and toilet. Property is currently vacant following recent renovations, allowing flexibility for owner-occupancy or tenant placement. Last rented for $1,000. Call for more information or to schedule a showing.
Perfect owner-occupant or investment opportunity! Located on a desirable downtown street with easy access to bus lines, major highways, and local shops. The property features beautiful hardwood floors throughout, spacious eat-in kitchens, and generously sized primary bedrooms. New water heaters and furnaces (2025). All tenants pay their own utilities, making this a great income-producing property with strong convenience appeal.
This exceptional six-unit apartment building has had an impressive makeover complete with remodeled kitchens and baths, luxury vinyl flooring throughout, new carpets in all bedrooms, and new windows for years of value. Six new refrigerators will be added to the kitchens, and six new gas water heaters have hot water at the ready for everyone. Three apartments are heated by gas, and three by electric baseboards, and new heating systems are cost-friendly to occupants. During kinder seasons, tenants can enjoy the covered porches facing the large backyard. Located in an area approved for congregate living.
Welcome to 32 Broome Street in Binghamton. This well-maintained six-unit multifamily property is a great opportunity to start or expand your investment portfolio. Each of the six apartments offers 2 bedrooms and 1 full bathroom. This property includes ample off-street parking, electric baseboard heat, and private balconies at the rear of the building. Additional income is generated through coin-operated laundry in the basement. Conveniently located near bus lines, shopping, and amenities. With solid income potential and desirable features, this is a smart addition to any rental portfolio. Schedule your showing and submit your offer today!
Fantastic income opportunity! Well maintained 10 unit building, ample off street parking. Fully occupied and current on rents. Potential to expand on land behind building. Half the building units heated with electric baseboard heat(tenants pay). Other half heated with hotwater baseboard heat (owner pays). Steady income, low maintenance. New roof on rear third floor. Seller requires verification of pre qualification or proof of funds prior to scheduling showing. Minimum 24 hrs notice to show.
This 4-family property is conveniently located near public transportation and features four well-maintained one-bedroom units with long-term tenants. The building offers great income potential with the possibility for separate utilities, as there are already individual electric meters in place. Newer roof installed in 2018. Coin operated washer & dryer on site. A 2-car detached garage and additional parking area provide ample space for tenants. With solid rental history and room for further improvement, this property is a fantastic addition to any investor’s portfolio! Seller requires pre qualification or proof of funds verified before scheduling showings. Contact your real estate agent today!
Marketed at a 9% cap and supported by special creative financing options, 159 Washington Street offers an exceptional opportunity to acquire a flagship mixed-use asset in the heart of Downtown Binghamton. The property features 26 renovated one- and two-bedroom apartments that blend modern finishes with preserved historic character. Many units offer in-unit washer/dryers, dishwashers, and open layouts. Vacancy is a non-issue, and current rents below market, providing clear value-add potential. The 1st floor is anchored by a popular vintage clothing store and a long-standing photography studio, with an additional vacant retail suite ready for lease. Rentable basement storage offers further income opportunities for tenants and neighboring businesses. Offering presents a rare chance to secure a stabilized, high-performing asset with clear pathways to enhanced cash flow and the potential for aggressive double-digit returns as Downtown Binghamton continues its upward trajectory.
A great opportunity to expand your investment portfolio! 1st floor left is a one bedroom apartment rent of 600 per month which includes utilities, 3rd floor apartment is above that apartment on the left. This I bedroom apartment has been recently completely remodeled and since it has just been completed the landlord has chosen to let the new buyers choose their tenants. Right hand side of building is a large 3 bedroom apartment with 2 floors of living, an updated kitchen and bath and rents for 900 per month which includes utilities. Each side of the building has its own driveway making it very convenient for tenants. The yard is large and level. There are 2 furnaces (ONE IS BRAND NEW--INSTALLED YESTERDAY) but 3 electric and 3 gas meters. Landlord pays utilities but it appears that the utilities could be separated but would need to be confirmed by a professional. Roof is approximately 5 years old and was a tear off with new plywood. Property is being sold strictly “AS IS”.
Welcome to 4 Blanchard Avenue in Binghamton, a well-maintained two-family home. The first floor features two spacious bedrooms along with a bonus room that can serve as an office or hobby space. Upstairs, the second unit also provides two bedrooms and one full bath. The generous parking area and two-car garage make this property especially appealing. Located close to shopping, dining, schools, and public transportation, this home is perfectly situated near all amenities. Whether you’re seeking a residence with rental income potential or a property designed for extended family living, 4 Blanchard Avenue is ready to welcome its next owner.
This stabilized, cash-flowing 5-unit property delivers a Net Operating Income of $33,769.50 and is priced at a 12.1% cap, offering strong, immediate returns for investors seeking hands-off, reliable income. Featuring 6 electric meters and 5 gas meters, the building’s utilities are set up for efficiency and minimal management hassle. Located just minutes from Downtown Binghamton, with easy access to Binghamton University, major hospitals, and public transportation, the property attracts long-term, dependable tenants, including students, professionals, and medical staff, ensuring consistent occupancy. A turnkey, low-maintenance investment with strong cash flow, prime location, and a proven track record — perfect for investors who want real, hands-free income from day one and a property that performs without guesswork.
This Binghamton two-family would be a terrific addition to your investment portfolio. Sizable units, fresh paint, and durable vinyl flooring protect the longevity of the updates. The new roof and windows provide additional energy efficiency and great value in years of enjoyment. Lovely neighborhood with sidewalks, close to amenities, the bus line, and the park. Short Sale...Subject to third-party approval required.
Introducing 140 Chapin St, a prime investment opportunity in Binghamton, NY. This 6,117 SF building, boasting 11 units, presents a lucrative student housing investment in an excellent location in Binghamton's West Side. The property enjoys a high 92.8% occupancy rate, ensuring immediate income generation. Zoned R-3, it offers flexibility for future development. Situated in one of the most established areas for student housing in the Binghamton market and walking distance to Downtown Binghamton ensures a steady occupancy and cash flow. Many of the rents are below market rent creating an opportunity for significant value add without the large renovation costs.
Turnkey student housing property offering 8,460 SF across 6 units with a total of 22 beds. Twenty beds are leased with additional pre-leasing in place for next semester, reflecting consistent demand in this location. Positioned in R3 zoning just off Main Street and within walking distance to the Court Street Bridge, the property benefits from strong student traffic and proximity to Downtown amenities. Recent improvements including a new roof and boiler reduce near term capital needs and support stable, low maintenance operations. A solid, income producing asset in one of Binghamton’s most reliable student housing areas.
Introducing 32 North Street, Binghamton—a truly stunning 4,672 squre foot duplex that looks and feels like a grand single-family home. The main unit impresses with 4 spacious bedrooms plus an awesome third-floor bonus room, 2 full bathrooms, and beautifully flowing living spaces perfect for today’s lifestyle. The side apartment offers 2 bedrooms plus its own bonus room and 1 full bathroom, making it ideal for extended family, guests, or added rental income. This property delivers exceptional cash flow with strong leases in place—$2,150/mo on the main unit and $1,250/mo on the side apartment—both secured through June 30, 2026. From its striking curb appeal to its oversized layout and versatile design, this is a rare opportunity to own a standout home in a prime location. Whether you’re an investor or an owner-occupant seeking income, this one checks every box. Call today to schedule a tour! Virtual tours also available and recorded for your viewing!
Nice three-family with covered front and side porches, plus a one-car detached garage for additional rental income. Centrally located near shops, restaurants, parks, schools, and on the city bus route. Whether you’re looking to expand your investment portfolio or live in one unit while renting the others, this home delivers strong rental potential in a central location.
BRAND NEW ROOF AND SIDING! Well maintained duplex in the heart of Binghamton's East Side. Both apartments have recent updates. Fairview park, East Middle School and Calvin Coolidge are all within walk-able distance. Close to highway access and Court St. Downtown Binghamton is only a quick drive as well! Utilities are separate, so tenants take care of their own heating and electric. Would make a great addition to your portfolio, owner occupy, or the start to your portfolio. Potential for another apartment in the attic space above for added rental income.
Binghamton is located in New York. Binghamton, New York has a population of 47,828. Binghamton is less family-centric than the surrounding county with 20.4% of the households containing married families with children. The county average for households married with children is 24.85%.
The median household income in Binghamton, New York is $39,012. The median household income for the surrounding county is $53,982 compared to the national median of $69,021. The median age of people living in Binghamton is 36.1 years.
The average high temperature in July is 79.9 degrees, with an average low temperature in January of 13.3 degrees. The average rainfall is approximately 39.9 inches per year, with 63.5 inches of snow per year.
