NY
Broome
Binghamton
13901
25 Virgil Street
25 Virgil Street, Binghamton, NY 13901
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Listing Type
Condo/Townhome
Listing Status
Active
17
$259,000

Home Details for 25 Virgil Street

Price
$259,000
Type
Residential Income
Bedrooms
7
Bathrooms
Square feet
2476
Year built
1950
County
Broome
Garage
Days on site
1
MLS Listing#
334056
Property Description

Welcome to 25 Virgil Street, a cash-flowing investment property in the heart of Binghamton, NY. Conveniently located just minutes from Binghamton University, downtown amenities, restaurants, shopping, and public transportation, this property offers strong rental potential and accessibility. The building features a Net Operating Income of $30,530 and is priced at an 11.79% capitalization rate, delivering solid, hands-free income for investors. All units are fully renovated, and the final vacant unit is ready to lease, making it easy to bring the property to full occupancy quickly. The property also features electric heat in all units, helping to reduce operating expenses and simplify management. With separate electric meters and efficient utilities, this building is designed for minimal hassle. This property offers the potential for future rent growth, making it a great opportunity for investors looking to expand their portfolio and acquire a stabilized, strong cash-flowing property.

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Property Features
  • Cooling Information
    • Wall/Window Unit(s)
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Utilities
    • Cable Available
  • Parking
    • None
School Information
School Information for 25 Virgil Street, Binghamton, NY 13901
Elementary School
Theodore Roosevelt
Middle School
N/A
High School
N/A
Listing Courtesy: EXIT REALTY HOMEWARD BOUND - 607-729-5500
Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2025 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Great Binghamton AOR.
EXIT REALTY FRONT AND CENTER
1155 Front Street, Binghamton, NY 13905
Kregg Smith
License #: 10301223973
Associate Broker
Office
607 724 3948
Agent
607 235 6515
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