12.5 Franklin St, Binghamton, NY 13905
Local realty services provided by:CENTURY 21 North East
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:60 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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