5 True AveBinghamton, NY 13905

Description

Well-Maintained Duplex – Fully Occupied Investment Opportunity This well-cared-for duplex is located on a quiet dead-end street and features a huge yard, perfect for tenant enjoyment and added tenant appeal. Both units are fully occupied with tenants who have a strong rental history and are current on rent, providing immediate and steady income for the new owner. The property also offers a partially finished basement with dedicated office space, providing additional functionality and value. Current rents are below market, presenting an excellent opportunity for increased cash flow with future adjustments. With its stable occupancy, desirable location, and strong upside potential, this property is a smart addition to any investor’s portfolio.

Property Information

Property type

Residential Income

Sub-type

Duplex

Structure type

Duplex

Year built

1936

Living area

1,800 Sq Ft

Lot dimensions

95 x 150

Ownership

OWNER

Zoning

R-M Residential

Days on market

185

MLS^® Listing#

335284

Property Features

Appliances

Gas Water Heater

Cooling

None

Heating

Forced Air

Flooring

Hardwood

Parking

Driveway · On Street

Patio

Patio · Porch · Covered

Lot features

Sloped Up

Construction

Brick

Windows

Insulated Windows

Other structures

Workshop

Utilities

Cable Available

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Johnson City Elementary

Financial Details

Annual taxes

$4,919

Assessed value

$74,900

Directions

From Main St, turn right onto Emma, right onto Downs Ave, left onto Glenwood, right on True, house on left.