NY
Broome
Binghamton
13905
12.5 Franklin St ST
12.5 Franklin St ST, Binghamton, NY 13905
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Listing Type
Multi Family
Listing Status
Active
19
$130,000

Home Details for 12.5 Franklin St ST

Price
$130,000
Type
Residential Income
Bedrooms
4
Full Bathrooms
2
Square feet
1848
Year built
1900
County
Broome
Basement
Partial
MLS Listing#
336409
Property Description

Investor opportunity in a convenient Binghamton location with easy access to NY-17/I-86 and Front Street. This fully occupied 2-unit property features two 2-bedroom apartments, each rented at $1,050 per month, providing immediate and stable cash flow from day one. With a current cap rate of approximately 12.3%, this property offers strong returns for both new and seasoned investors. The property includes separate heating systems, with one furnace located in the attic. A straightforward investment with solid income, strong cash flow, and a desirable location close to major transportation routes, shopping, and employment centers.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Utilities
    • Cable Available
  • Parking
    • Driveway
  • Basement
    • Partial
School Information
School Information for 12.5 Franklin St ST, Binghamton, NY 13905
Elementary School
Woodrow Wilson
Middle School
N/A
High School
N/A
Listing Courtesy: INNOVATIVE COMMERCIAL ADVISORS - 607-203-1826
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 ©2026 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
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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 #: BK3302418
License #: 10301223973
Associate Broker
Office
607 724 3948
Agent
607 235 6515
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