Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

5 True Ave, Binghamton, NY, 13905

4beds
--baths
1,800sqft
$215,000
$119price/sqft
$1,557/moest. monthly cost
$62,280/yrincome needed

About This Home

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.

Getting Around

37
WalkingCar-Dependent
0
TransitVery Limited Transit
17
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1936

Materials

  • Foundation: Basement
  • Construction materials: Brick

Type & Style

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

Interior

Appliances

  • Appliances included: Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Full bathrooms: 2

Features

  • Workshop
  • Window features: Insulated Windows
  • Flooring: Hardwood
  • Finished area above ground: 1,800

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total interior livable area: 1,800 sqft

Property

Details

  • Parcel number: 03308914360114
  • Zoning: R-M Residential
  • Zoning description: R-M Residential

Features

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

Lot

  • Lot size: 0.33 Acres
  • Features: Sloped Up
  • Lot size dimensions: 95 x 150

Parking

  • Parking features: Driveway,On Street