Active

12.5 Franklin St St

Binghamton, NY 13905

$125,000 $527/Mo

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Overview

Bed

Bath

1,848

Sqft

0.05

Acre(Lot)

Description

Investor opportunity in a convenient Binghamton location with easy access to NY-17/I-86 and Front Street. This fully occupied 2-unit property features two 2-bedroom apartments, each rented at $1,050 per month, providing immediate and stable cash flow from day one. With a current cap rate of approximately 12.3%, this property offers strong returns for both new and seasoned investors. The property includes separate heating systems, with one furnace located in the attic. A straightforward investment with solid income, strong cash flow, and a desirable location close to major transportation routes, shopping, and employment centers.

Property Details

Property Type : Residential Income

Price : $125,000

AD Id : 84839379

MLS Id : 336409

Beds : 4

Lot Size : 0.05 Acre

Living Area Size : 1,848

Year Built : 1900

County : Broome

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 4

Bathroom Information

Full Baths: 2

Room Information

Has Basement: Yes Basement: Partial
Flooring Information

Carpet, Vinyl
Interior Features

Appliances: Gas Water Heater
Heating & Cooling

Has Heating: Yes Heating: Forced Air Cooling: None

Building Information

Year Built: 1900 Construction Materials: Vinyl Siding Private Pool: No

Lot Information

Lot Dimensions: 25x90ft Main Square Feet: 0.05 Acres Lot Description: Level

Listing Price Information

Listing Price: $125000 Original Price: $130000

Tax Information

Annual Tax: $1954

Virtual Tour

Virtual Tour (External Link)

Parking Information

Driveway

School Information

Elementary School: Woodrow Wilson

Junior High School:

Senior High School:
Utility Information

Cable Available
Location Information

Direction: Front St to Franklin St WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
7 HOUSES Portfolio- See.., Binghamton, NY, 13905	$850,000	30	13	1	1 SqFt
2 & 4 Erie Street, Binghamton, NY, 13905	$240,000	6	2	2,016	2,016 SqFt
30 Franklin Street, Binghamton, NY, 13905	$175,000	4	2	1,760	1,760 SqFt
162 Oak Street, Binghamton, NY, 13905	$144,900	5	2	1,260	1,260 SqFt
9 AND 12 Florence Avenu.., Binghamton, NY, 13905	$463,000	8	3	3,883	3,883 SqFt
9 Florence Avenue, Binghamton, NY, 13905	$258,000	5	2	2,345	2,345 SqFt
197 Oak Street, Binghamton, NY, 13905	$129,000	6	2	2,294	2,294 SqFt
40 Oak Street, Binghamton, NY, 13905	$294,000	6	2	2,300	2,300 SqFt
101 Oak Street, Binghamton, NY, 13905	$375,000	6	3	3,442	3,442 SqFt
152 Murray Street, Binghamton, NY, 13905	$209,900	9	4	3,986	3,986 SqFt

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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 07/31/2026 @ 11:13

MLS: 336409 LISTED BY: Lisberto Calvo Garcia, INNOVATIVE COMMERCIAL ADVISORS 607-203-1826 SOURCE: Greater Binghamton Association of REALTORS