21 Stuyvesant St, Binghamton, NY 13901

Property Description

Student housing investment opportunity in Downtown Binghamton! Generating $2,600 per month ($31,200 annually), this 5-bedroom, 2-full-bath property offers immediate rental income with leases secured through 2027. Currently utilized as a student rental, the property offers potential to convert back to a traditional duplex, providing flexibility for future rental strategies. The spacious layout features generous common areas, first-floor laundry, stainless steel appliances, hardwood floors, and multiple covered porches. Original woodwork, pocket doors, stained glass, and timeless architectural details add distinctive character. Thoughtfully updated while preserving its historic charm, this property offers established tenancy and convenient access to public transportation, dining, shopping, entertainment, and Binghamton University. Also available for purchase alongside 23, 26, and 27 Stuyvesant St., offering investors an opportunity to build a larger portfolio!