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Property at 34 Savitch Road, Chenango, NY 13901
CLOSED
0
$270,000

34 Savitch RoadChenango, NY, 13901

4 Beds2 Baths2,000 SqFt0.3329 Acres
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.

Est. Monthly

$1,280/MO

$270,000

34 Savitch Road, Chenango, NY

4 Beds2 Baths2,000 SqFt0.3329 Acres

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.

StatusClosed
Property TypeResidential
Property SubtypeMulti Family
Year Built1950
Days on Market81 days

Est. Monthly Payment

$1,279.79

%
%
yr

Private Mortgage Insurance

Not required

Affordability Checkoptional
$

Enter your annual income to check affordability

Property Details

Property Information

34 Savitch Road

Chenango, NY 13901 • Broome
4
Beds
2
Baths
2,000
SqFt
0.3329
Acres
Status
Closed
Property Type
Residential
Property Subtype
Multi Family
Year Built
195076 years ago
Days on Market
81 days
Tax History
Estimated values, may not reflect current amounts.
  • Annual Tax Amount
    $3,600
Property History
  • Closed
    Oct 22, 2025 • NYSAMLS • R1625926
    $270,000
  • Listed for sale
    Aug 2, 2025 • NYSAMLS • R1625926
    $270,000
Mortgage Calculator
Estimated monthly payment for this property
$1,279.79
Down Payment
Interest Rate
Loan Term
%
%
yearsyrs.
Affordability Checkoptional
$

Enter your annual income to see if this home fits your budget

Private Mortgage Insurance

Not required — down payment above 20%
MLS Information
  • Source
    NYSAMLS
  • MLS#
    R1625926
  • Listing Office
    Keller Williams Realty
  • Last Updated
    68 days ago

Appliances

  • Appliances
    Electric Water Heater

Climate & Systems

  • Heating
    • Gas
    • Forced Air

Interior Features

  • Flooring
    Luxury Vinyl
  • Basement
    Full

Parking

  • Parking Features
    Two Or More Spaces

Lot & Grounds

  • Lot Size
    0.3329 acres
  • Lot Features
    • Rectangular
    • Rectangular Lot
    • Residential Lot

Type

  • Property Type
    Residential
  • Property Subtype
    Multi Family

Structure

  • Construction
    • Other
    • Vinyl Siding

Condition

  • Year Built
    1950
  • Condition
    Resale
  • Days on Market
    81 days
  • Water
    Connected
  • Sewer
    Connected
  • Utilities
    • Sewer Connected
    • Water Connected

607-282-6242, (607) 282-6242, or +1 607 282 6242

Kevin Lucero

Kevin Lucero

Lic. Real Estate Salesperson

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