274 Chenango St, Binghamton, NY 13901

Property Description

Income-producing 4-unit property offering immediate cash flow with additional upside potential. The property is currently generating $2,900 per month in rental income, with one vacant unit being marketed at $1,200 per month. Once fully leased, projected gross rental income is approximately $4,100 per month, or $49,200 annually. Separate gas and electric meters allow tenants to pay their own utilities, helping reduce owner expenses. The spacious apartments feature hardwood floors and in-unit laundry. Covered porches, off-street parking, and a detached two-car garage provide additional convenience and value. Conveniently located near Downtown Binghamton, public transportation, shopping, dining, and other local amenities. A great opportunity for investors seeking established rental income with additional growth potential.