One Stop Multi Service, Inc.
![[Binghamton Real Estate, listing number 3335309]](https://www.vlshomes.com/images/full/3335309a.jpg)
| Description: 3335309 | |
Prime 3-Family Investment + Buildable Lot | Southside Binghamton Turnkey cash-flow opportunity in the heart of Broome County! This fully detached 3-family property comes package deal with an adjacent buildable lot, offering immediate income + future development upside. This well-maintained asset features approximately 2,300 SF of living space across three units, all currently rented on month-to-month leases, giving the new owner flexibility to increase rents or reposition the asset. Property Breakdown: Unit 1 (2nd Floor): 2 Bedrooms, 1 Bath - $1,250/month Unit 2 (1st Floor Rear): 1 Bedroom, 1 Bath - $775/month Unit 3 (1st Floor Front): 1 Bedroom, 1 Bath - $700/month Total Current Income: $2,725/month ($32,700/year) Strong upside potential with rent increases and value-add improvements Key Features: Fully detached building New furnaces & new hot water tank Low maintenance expenses Spacious backyard Lot size: 51 x 78 All tenants month-to-month (maximum flexibility) BONUS: INCLUDED DEVELOPMENT LOT Adjacent lot at 79 Baldwin St (52 x 84) included in the sale ? Potential to build an additional 2-family property (verify with city) ? Ideal for investors looking to increase density + maximize ROI Location Highlights: Prime Southside Binghamton location Close to shops, transportation, and schools Minutes to major highways ~10 minutes to Downtown Binghamton Investment Highlights: Immediate cash flow Value-add + rent growth potential Development opportunity included Low operating costs = higher returns |
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Details: |
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| Families: | 3 | |
| Bedrooms: | 4 | |
| Bathrooms: | 3 | |
| Property Type: | Traditional | |
| Rooms: | 8 | |
| Outdoor Space: | Deck | |
| Lot Size: | 52x78 | |
| Built: | 1930 | |
| School District: | Binghamton | |
Financials: |
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| Price: | $198,000 | |
| Taxes: | $3,800 | |
Designed, Developed, Hosted![[PHOTO]](https://www.vlshomes.com/images/full/7080928a.jpg)
![[PHOTO]](https://www.vlshomes.com/images/full/7081858a.jpg)