34 Savitch Road, Chenango, NY 13901

LATEST
bedrooms 4
bathrooms 2
|Townhouse
THB ฿8,727,750
USD $270,000
Published on: 03 Aug 2025
Last updated on: 03 Aug 2025
34 Savitch Road, Chenango, NY 13901
34 Savitch Road, Chenango, NY 13901
34 Savitch Road, Chenango, NY 13901
+36
34 Savitch Road, Chenango, NY 13901
  • 36
Property ID: 110101290138
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Multi Family - Chenango, NY

34 Savitch Road, Chenango, NY 13901
OPEN HOUSE SATURDAY 8/9 10:00AM-12:00PM. Fantastic turnkey investment opportunity! An exceptional side-by-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. Whether you're 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) that's professionally serviced annually. Excellent insulation, low maintenance landscaping, and low utility bills. One 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 furniture 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. Gross 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. Easy 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.

Property Details

Basic Info

Property Type
Townhouse
Listing Status
Active
Land Size
1,347.20 m2
Building Size
185.81 m2
Year Built
1950
Rooms
4 bedroom(s), 2 bathroom(s)
Architecture Style
Other
Num Floors
2
County
Broome
Parcel ID
032400-111-012-0001-034-000-0000
Provider
New York State Alliance of MLSs, LLC
Subdivision
Broad Acres Add
Brokerage Office Name
Keller Williams Realty Southern Tier & Finger Lakes (Ithaca)
Brokerage Office Phone
(607) 275-5600
Neighbourhoods
Broad Acres Add
Address
34 Savitch Road, Chenango, NY 13901
Contact Agent
Keller Williams Realty
602 W. State St, Ithaca, NY 14850
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602 W. State St, Ithaca, NY 14850
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      Property ID: 110101290138

      Original Property ID: 3yd-BNARNY-R1625926
      Data provided by New York State Alliance of MLSs, LLC, MLS #: R1625926
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      Copyright © 2025 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.