108 Walnut Street, Binghamton, NY, United States being shown by Howard Hanna Real Estate Services (PA-NY-WV-MD) with MLS # 324847

Renovated student rental property in R-3 zoning with brand new electrical systems at a 10%+ cap rate ready for its next investor! No need to do any work because it has already been done! This property is completely turnkey along with the possibility of growing the rental income even more. Centrally located close to just about everything imaginable and is a snap to find tenants for. New floors, paint, appliances, and more! There are 7 bedrooms with the possibility of an 8th among two units. One of them is currently vacant and the rest are leased to May 2024. Utilities are separated per unit and each tenant has a utility cap of $35-50 a month. Each unit has their own laundry set. Large driveway for off-street parking and steps from major bus routes. Add this one to your portfolio today!

Click here to take a virtual tour