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34590943
34590938

654 Chenango Street, Binghamton, NY 13901 For Sale

KC
TN 378568
$247,000
1 day on market
Updated 1 day ago

654 Chenango Street

Details
Property Type Retail
Square Footage 2,860
Net Rentable (SqFt) 2,860
Units 3
NOI $22,644
Year Built 1960
Acreage 0.110
Zoning commercial
Parking Spaces 1 per unit
Ground Lease No
Sale Condition For sale by owner

About This Property for Sale

Marketing description

$247,000 654 Chenango St.Binghamton, NY 1390

Spacious Triplex for Sale in Port Dickinson

Welcome to 654 Chenango Street, an exceptional triplex offering unlimited possibilities for seasoned investors. Situated in the desirable Port Dickinson community, this solid 1960-built property spans 2,860 square feet of total living space, intelligently divided to maximize comfort and rental yields, generating monthly income $2,620.

Unit 1 back apt (690 sqft) features 1 bedroom, 1 bathroom, living room, kitchen.

Unit 2 front beauty salon (460 sqft) includes kitchen lit, and .5 bathroom with washer/dryer, AC/heater mini splits.

Unit 3 Upstairs apt structures 2F (966 sqft: 1 bedroom, 1 bathroom, kitchen, dining room, living room) and Attic (280 sqft, 2 bedrooms).

All units have Separate Utilities: layouts features low-maintenance carpet and vinyl flooring, large windows, and a reliable gas forced hot air heating system.

This Triplex Includes a large detached 2-car garage plus off-street parking to easily accommodate tenants and guests.

Superbly located within the highly-regarded Chenango Valley School District with quick access to local highways, shopping, and dining. The listing Realtor is the owner of the property.

Buyer/Buyer's agent to confirm all information.

Investment highlights

    • Property Type: Triplex : one commercial, two residential units
    • Year Built: 1960
    • Total Square Footage: 2,860 sq. ft.
    • Lot Size: 50 x 100 ft. (0.11 acres)
    • School District: Chenango Valley
    • Heating: Gas Forced Air
    • Water/Sewer: Public

Listing Contacts

KC
TN 378568

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$22,644.00
$1,887.00/mo

Valuation Metrics

0
DSCR
9.17%
Cap Rate
9.17%
ROI

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Additional Information

Name
Kanghoon Choi
License
TN378568
Brokerage
LPT
Brokerage Phone
4239212468
Title
Broker of Record
Brokerage Address
PO Box 392, Watauga, TN 37694
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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