27 Spring Forest Ave Binghamton, NY 13905

This charming two-unit apartment building in Binghamton, NY, presents a compelling investment opportunity for both owner-occupants and seasoned investors. Located at 27 Spring Forest Ave, this 1900-built property boasts 2,102 square feet on a 4,018 square foot lot. The building features two stories and includes four parking spaces. Currently, the occupancy rate is 50%, with one unit occupied by a long-term tenant whose rent is below market value. The ground floor unit offers three bedrooms, an eat-in kitchen, a living room, and a convenient mud/laundry room, with access to a large covered front porch. The second-floor unit, also with access to a front and back porch, features two bedrooms. Exterior amenities include a detached garage and a fenced yard. The property's convenient location offers easy access to major highways, local shops, and restaurants. The permitted zoning is 220. The Broome County property has an APN of 030200-144-071-0003-018-000-0000. The asking price for this multifamily property is $175,000. This property presents a unique chance to capitalize on the potential for increased rental income and strong return on investment.