36 & 36.5 Fayette St, 13903, Binghamton, NY
36 & 36.5 Fayette St, 13903, Binghamton, NY
$899,900
Prime multifamily investment opportunity in Downtown Binghamton featuring two buildings with 11 fully leased apartments generating $10, 425 per month and $125, 100 in annual gross rental income! With established tenancy and a consistent occupancy history, this property offers immediate income and long-term investment potential. Separate electric meters and tenant-paid electric help minimize operating expenses. Significant improvements include roofs installed in 2019 and 2025, along with updated kitchens, bathrooms, flooring, and appliances throughout. Conveniently located near Downtown Binghamton, public transportation, dining, entertainment, and Mirabito Stadium. An excellent opportunity to acquire an established 11-unit multifamily asset with substantial rental income and major capital improvements already completed!
Amity Deubler
36 & 36.5 Fayette St, 13903, Binghamton, NY