20 Edwards St, Binghamton, NY 13905

Welcome to 20 Edwards Street, located on the highly desirable west side of Binghamton! This spacious home offers great potential, with an estimated value of $236,161. with the current signed lease in place (spreadsheet available). While the property did sustain damage from a water pipe break due to a winter freeze, it provides excellent flexibility, especially with ample time to prepare for students moving in for August of this year. Featuring 5 approved rental bedrooms, the home also boasts two additional fully finished bedrooms on the third floor, making it a 7-bedroom home with 3 full bathrooms. Renovation costs for repairing the water damage are estimated between $40K-$60K, depending on whether you choose to handle labor yourself or hire a contractor. Don’t miss out on this opportunity to invest in a prime rental property with tremendous potential!