25 Virgil Street, Binghamton, NY 13901

Welcome to 25 Virgil Street, a cash-flowing investment property in the heart of Binghamton, NY. Conveniently located just minutes from Binghamton University, downtown amenities, restaurants, shopping, and public transportation, this property offers strong rental potential and accessibility. The building features a Net Operating Income of $30,530 and is priced at an 11.79% capitalization rate, delivering solid, hands-free income for investors. All units are fully renovated, and the final vacant unit is ready to lease, making it easy to bring the property to full occupancy quickly. The property also features electric heat in all units, helping to reduce operating expenses and simplify management. With separate electric meters and efficient utilities, this building is designed for minimal hassle. This property offers the potential for future rent growth, making it a great opportunity for investors looking to expand their portfolio and acquire a stabilized, strong cash-flowing property.