About this home

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.

Facts and features

Schools

• Binghamton High School

  high · 9-12 · 0.9 mi

  3

• East Middle School

  middle · 6-8 · 1.1 mi

  4

• Calvin Coolidge School

  elementary · K-5 · 1.3 mi

  3

• St John The Evangelist School

  elementary · K-6 · 1.1 mi

• Theodore Roosevelt School

  elementary · K-5 · 0.8 mi

  5

• Benjamin Franklin Elementary School

  elementary · K-5 · 1.1 mi

  3

Price history

• Sep 28, 2026 · Listed$299,900
• Sep 19, 2026 · Listing Removed—
• Jun 19, 2026 · Listed$299,900

Tax history

• 2026$3,771 tax · $37,500 assessed
• 2025$3,747 tax · $37,500 assessed
• 2024$3,648 tax · $37,500 assessed
• 2023$3,605 tax · $37,500 assessed
• 2022$3,543 tax · $37,500 assessed
• 2021$3,525 tax · $37,500 assessed
• 2020$3,514 tax · $37,500 assessed
• 2017$3,432 tax · $37,500 assessed

Where it is