25 Virgil Street, Binghamton, NY 13901

Local realty services provided by:CENTURY 21 North East
25 Virgil Street,Binghamton, NY 13901
$259,000
  • 7 Beds
  • - Baths
  • 2,476 sq. ft.
  • Multi-family
  • Active
Listed by: vincent lucenti
Office: exit realty homeward bound
MLS#:334056
Source:NY_GBAR

Price summary

  • Price:$259,000
  • Price per sq. ft.:$104.6

About this home

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.

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Home facts

  • Year built:1950
  • Listing ID #:334056
  • Added:34 day(s) ago
  • Updated:January 15, 2026 at 04:08 PM

Rooms and interior

  • Bedrooms:7
  • Living area:2,476 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Forced Air

Structure and exterior

  • Year built:1950
  • Building area:2,476 sq. ft.

Schools

  • Elementary school:Theodore Roosevelt

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$259,000
  • Price per sq. ft.:$104.6
  • Tax amount:$4,818