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8-10 Jay St, Binghamton, NY, 13901

4beds
2baths
2,200sqft
$214,900
$98price/sqft
$1,947/moest. monthly cost
$77,880/yrincome needed

About This Home

Excellent investment opportunity in Downtown Binghamton featuring a solid income-producing duplex with two fully rented 2-bedroom units and long-term tenants in place, providing immediate cash flow. Current rents are $1,400/month and $975/month, with one tenant occupying the property for approximately 10 years, reflecting strong rental stability and consistent occupancy. Ownership has taken exceptional care of the property, which offers separate utilities paid by tenants, off-street parking, basement laundry, covered front and back porches, and a new roof installed in 2023. A well-maintained asset with strong history, dependable tenancy, and evident pride of ownership throughout. Conveniently located near public transportation, shopping, dining, and everyday amenities. Excellent opportunity for investors seeking a stabilized multifamily asset with reliable income potential. Interior photos were taken prior to current tenant occupancy in order to respect tenant privacy.

Getting Around

76
WalkingVery Walkable
0
TransitVery Limited Transit
62
BikeBikeable

Schools

5/10
Macarthur SchoolGrades PK-51.2 mi
4/10
East Middle SchoolGrades 6-81.4 mi
3/10
Binghamton High SchoolGrades PK,9-120.7 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Basement
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Dryer,Gas Water Heater,Range,Refrigerator,Washer

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Flooring: Carpet,Vinyl
  • Finished area above ground: 2,200

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total interior livable area: 2,200 sqft

Property

Details

  • Zoning: R-3
  • Zoning description: R-3

Features

  • Patio & porch: Covered,Porch
  • Exterior features: Porch

Lot

  • Lot size: 0.28 Acres
  • Features: Level
  • Lot size dimensions: 85 x 141

Parking

  • Parking features: Parking Space(s),On Street