31 Parsons St, Binghamton, NY 13903

Multifamily property being sold as-is, offering excellent investment potential with a projected rent of $1,800/month and an estimated 10.21% cap rate. The property has had key updates including a roof replacement approximately 10 years ago and a large window replaced about 5 years ago, with most other windows in good shape. Electrical and foundation systems have no known issues. The exterior is in solid condition with no visible damage and includes a grass backyard for tenant use. Inside, the home features hardwood flooring in good condition and tile in the kitchen area. The kitchen is equipped with laminate white-over-wood countertops and light/orange-toned wood cabinets. No holes or major damage are reported, and the water heater was replaced 2 years ago. The property is in move-in-ready condition but allows room for tenant personalization. Recent sales of similar condition include 12 Birch St ($135k) and 91 Mary St ($132k) . Explore this cash-flowing opportunity won't stay for long!