38 Colfax, Binghamton, NY 13905

$158,000
3
BD
2
BA
1,322
SqFt

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List Price
$158,000
Bedrooms
3
Bathrooms
2
Status
ACTIVE
Region
Area 03
MLS#
338251

Property Description

Investor opportunity! Solid home on a quiet, desirable street. Updates completed over recent years allow for an immediate plug-and-play rental investment. Features a reliable, long-term tenant family who pays all utilities. Offered at an attractive 8.6% cap rate, this property offers a strong return from day one. With 3 bedrooms, 2 full baths, and 2 distinct living areas, it offers an ideal layout for long-term tenant demand. Don’t miss this outstanding opportunity!

Additional Information

Year Built
1940
Heating
Forced Air

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Calculator source: Real Geeks

Listing courtesy of Exit Realty Homeward Bound.