34 savitch rd, binghamton, NY 13901

This listing is NOT a foreclosure. OPEN HOUSE SATURDAY 8/9 10:00AM-12:00PM. Fantastic turnkey investment opportunity! An exceptional side-b-side duplex with separate utilities in a high demand location, offering the perfect blend of modern updates, strong rental income, and short and/or long term investment potential. nnWhether youre an investor looking for immediate cash flow or a homeowner seeking to offset your mortgage, this fully renovated property is ready to deliver. Each mirror-image unit features 2 bedrooms and 1 full bath, all on a single-level layout with private basement storage below. In 2020, the entire building underwent a full gut renovation with high-end finishes, updated mechanicals, and modern systems throughout. Recent upgrades include a brand-new central A/C system (2024), a new hot water heater (2025) for one unit, and a sump pump (2021) thats professionally serviced annually. Excellent insulation, low maintenance landscaping, and low utility bills. nnOne side is occupied by a reliable long-term tenant paying market-rate rent, while the other is operated as a stylish, fully furnished Airbnb with a strong rental history and 5-star guest reviews. All Airbnb fu...

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rniture and decor (less than a year old) can be included in the sale. Current owner is an experienced Superhost and is open to continuing management, along with the professional cleaning team, for a seamless transaction. nnGross annual income: $48,300. Operating expenses: $6,930 (tax, insurance, landscaping, water, garbage, basement electric). Cap rate of approximately 15.3%. GRM: 5.6. Strong cash on cash return with any financing structure. nnEasy access to I-81 and minutes to shopping, parks, and downtown Binghamton. A great low-vacancy, high-performing asset with dual-purpose flexibility. Financials available for qualified buyers.This MLS Resale home is a townhouse or condo located in BINGHAMTON. It offers 0.33 acres in size, 4 beds and 2 baths. Review its detailed information and determine if this BINGHAMTON MLS Resale has the qualities you are looking for.  

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This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.