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654 Chenango Street, Binghamton, NY 13901

$269,888
  • 654 Chenango Street, Binghamton, NY 13901 Main Photo

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New to the Market Active
BEDS4 BATHS3 full SQUARE FEET3,916 MLS#R1702216
STATUSActive PROPERTY TYPEResidential - Multiple SUBDIVISIONMerills Plot SCHOOLChenango Valley

Property Description

EXCEPTIONAL MIXED-USE TRIPLEX INVESTMENT IN THE VILLAGE OF PORT DICKINSON SOLID 1960-BUILT MIXED-USE PROPERTY OFFERING 2,860 SQ FT OF TOTAL SPACE WITH THREE INCOME-PRODUCING UNITS AND STRONG CURRENT CASH FLOW. CURRENTLY GENERATING $2,620 PER MONTH ($31,440 ANNUALLY)...... Unit Breakdown ----- First Floor Front - Beauty Salon (approx. 460 sq ft): Updated electric, mini-split heating & cooling, half-bath with washer/dryer, and kitchenette. Tenant paying $800/month (month-to-month)........ First Floor Rear - 1-Bedroom Apartment (approx. 690 sq ft): 1 bed, 1 full bath, living room, and kitchen. Tenant paying $670/month (month-to-month)....... Second Floor + Attic - 3-Bedroom Apartment (approx. 1,246 sq ft total): Main level (966 sq ft) features 1 bedroom, full bath, kitchen, dining room, and living room; attic level (280 sq ft) adds two additional bedrooms. Tenant paying $1,120/month (lease through February). Property Features ------ Updated windows throughout --- New bathroom siding --- Separate utilities for all units --- Gas forced-air furnace for the residential units + efficient mini-splits in the salon --- Full basement for utilities and storage --- Large detached 2-car garage plus additional off-street parking --- Municipal sewer and public water --- Low-maintenance carpet and vinyl flooring with large windows providing excellent natural light --- Ideally located in the desirable Village of Port Dickinson within the highly regarded Chenango Valley Central School District....... Convenient access to highways, shopping, dining, and downtown Binghamton....... This is a rare turnkey mixed-use opportunity with solid tenants already in place and excellent long-term upside for the seasoned investor. Don't miss this income-producing gem!

654 Chenango Street | MLS# R1702216

This home located at 654 Chenango Street, Binghamton, NY 13901 is currently listed for sale with an asking price of $269,888. This property was built in 1960 and has 4 bedrooms and 3 full baths with 3916 sq. ft. Chenango Street is located in the Merills Plot subdivision within the Chenango Valley school district. Search Merills Plot real estate on www.mjpeterson.com today.

Property Features

Property Type: Residential - Multiple
Basement: CrawlSpace
Cooling: Other, SeeRemarks
Garage: 2
Heating: Gas, Other, SeeRemarks
Home Style: Triplex
Lot Size: 0.11 Acres
Roof Type: Architectural, Shingle
Stories: 2.0
Taxes: $4,367
Year Built: 1960

Amenities

Other
SeeRemarks

Feature Descriptions

Appliances: GasWaterHeater
Exterior: Frame
Flooring: CeramicTile, Hardwood, Varies
Lot: Other, Rectangular, RectangularLot, SeeRemarks
Lot Dimensions: 50X100
Parcel#: 033001-144-027-0001-018-000-0000
Parking: Other, ParkingAvailable, SeeRemarks, TwoOrMoreSpaces
Parking Notes: Other, ParkingAvailable, SeeRemarks, TwoOrMoreSpaces
Sewer: Connected
Units: 3
Utilities: ElectricityConnected, SewerConnected, WaterConnected
Water: Connected, Public

Local Schools

School District: Chenango Valley

Listed By / Shown By

Listing By

Agency Name: Lombardo Homes & Estates
Agency Phone: 516-316-9974

Shown By

Agency Title: MJ Peterson Real Estate
Agency Phone: (716) 688-1234

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Estimated Payment

$ 1,043.29 per month $600.66 Principal & Interest $363.92 Property Tax $78.72 Homeowner's Insurance

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