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12.5 Franklin St, Binghamton, NY 13905

Binghamton
Local realty services provided by:CENTURY 21 North East
12.5 Franklin St,Binghamton, NY 13905
$119,900
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  • 4 Beds
  • 2 Baths
  • 1,848 sq. ft.
  • Multi-family
  • Active
Listed by: lisberto calvo garcia
Office: innovative commercial advisors
MLS#:336409
Source:NY_GBAR

Price summary

  • Price:$119,900
  • Price per sq. ft.:$64.88

About this home

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.

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Home facts

  • Year built:1900
  • Listing ID #:336409
  • Added:108 day(s) ago
  • Updated:August 09, 2026 at 03:02 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Vinyl
  • Basement:Yes
  • Basement Description:Partial
  • Living area:1,848 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1900
  • Building area:1,848 sq. ft.
  • Lot Features:Level
  • Architectural Style:Duplex
  • Construction Materials:Vinyl Siding
  • Foundation Description:Basement

Schools

  • Elementary school:Woodrow Wilson

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$119,900
  • Price per sq. ft.:$64.88
  • Tax amount:$1,954

Features and amenities

  • Appliances:Gas Water Heater

Parking

  • Parking description:Driveway

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