14 Clarke St, Binghamton, NY, 13905

About This Home

Recent price improvement to $299,000 creates an even stronger investment opportunity with an estimated 12% cap rate based on current income and estimated expenses. 6-unit multifamily on Binghamton’s West Side near downtown, Rec Park, restaurants, bus line, and neighborhood amenities. Features six 1-bedroom units with separate electric meters to help keep expenses manageable. Current rental income totals approximately $4,010/month ($48,120 annually). Taxes approximately $5,496 and insurance approximately $1,458 annually. Owned and maintained by a local landlord with a steady rental history. 24-hour notice required for showings. Owner financing available. Financial figures and cap rate estimates should be independently verified by buyers.