Excellent investment opportunity in Downtown Binghamton featuring a solid income-producing duplex with two fully rented units and long-term tenants in place, providing immediate cash flow. The first-floor unit offers 3 bedrooms, while the second-floor unit offers 2 bedrooms. Current rents are $1,400/month and $975/month, with one tenant occupying the property for over 10 years, reflecting strong rental stability.
Ownership has taken exceptional care of the property, featuring separate utilities paid by tenants, private laundry for each unit, off-street parking, covered front and back porches, updated windows, insulation and weatherization improvements, and a new roof installed in 2023. Separate entrances and basement storage provide added tenant convenience.
Conveniently located near Downtown Binghamton, public transportation, shopping, dining, and everyday amenities. Excellent opportunity for investors seeking a stabilized multifamily asset with reliable income potential.