Active

25 Virgil Street

Binghamton, NY 13901

$235,000 $990/Mo

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Overview

Bed

Bath

2,476

Sqft

4,653

Sqft(Lot)

Description

Welcome to 25 Virgil Street, a cash-flowing investment property in the heart of Binghamton, NY. Located just minutes from BU, downtown amenities, restaurants, shopping, and public transportation, this property offers strong rental potential and accessibility. The building features a Net Operating Income of $30,045.50 and is priced at a 12.79% capitalization rate, delivering solid, hands-free income for investors. Self-managed, NOI rises to roughly $32,411, pushing the cap rate to nearly 13.8% for hands-on buyers. All units are fully renovated and leased, and the property is fully stabilized with a proven, strong cash flow. The building also features electric heat in all units, helping to reduce operating expenses and simplify management. With separate electric meters and efficient utilitie s, this building is designed for minimal hassle. With the potential for future rent growth, this is a great opportunity for investors looking to acquire a stabilized, strong cash-flowing asset.

Property Details

Property Type : Residential Income

Price : $235,000

AD Id : 91519532

MLS Id : 338134

Beds : 7

Lot Size : 4,653 Sq. Ft

Living Area Size : 2,476 Sq. Ft

Tax Amount : $4,818

Year Built : 1950

County : Broome

Subdivision: Lincoln Jones

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 7

Room Information

Has Basement: Yes
Flooring Information

Carpet, Hardwood, Vinyl
Interior Features

Appliances: Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Baseboard Has Cooling: Yes Cooling: Wall/Window Unit(s)

Building Information

Year Built: 1950 Construction Materials: Aluminum Siding Patio And Porch Features: Patio, Porch, Covered Private Pool: No

Lot Information

Lot Dimensions: 33 x 141 Main Square Feet: 4653 Square Feet Lot Description: Level

Property Information

Subdivision: Marshland Place Source Property Type: Residential Income Zoning Description: Com-1 Property SubType: Apartment Property Age: 76

Listing Price Information

Listing Price: $235000

Tax Information

Parcel Number: 030200-144-075-0002-012-000-0000 Annual Tax: $4818

Parking Information

Driveway

School Information

Elementary School: Theodore Roosevelt

Junior High School:

Senior High School:
Location Information

Direction: Use Virgil Street, property on your left. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1015 River Road, Binghamton, NY, 13901	$354,900	4	3	2,716	0.68 Acre
112 Wisconsin Drive, Binghamton, NY, 13901	$474,900	4	3	3,265	1.90 Acres
25 Jason Drive, Binghamton, NY, 13901	$339,900	3	3	1,900	0.30 Acre
8 Willow Lane, Binghamton, NY, 13901	$189,900	4	2	1,398	0.28 Acre
21 Ritchie Road, Binghamton, NY, 13901	$220,000	3	2	1,638	0.15 Acre
61 Highland Road, Binghamton, NY, 13901	$249,000	4	2	2,100	0.27 Acre
1263 Cornell Avenue, Binghamton, NY, 13901	$220,000	3	2	2,266	0.20 Acre
1743 N Front Street, Binghamton, NY, 13901	$230,000	3	1	1,584	3.65 Acres
1111 Chenango Street, Binghamton, NY, 13901	$190,000	3	2	2,488	0.26 Acre
47 Cary Street St, Binghamton, NY, 13901	$119,999	4	2	1,128	0.07 Acre

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Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2026 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.

ByOwner last updated this listing 10/06/2026 @ 15:26

MLS: 338134 LISTED BY: Vincent Lucenti, INNOVATIVE COMMERCIAL ADVISORS 607-203-1826 SOURCE: Greater Binghamton Association of REALTORS