NOT LISTED FOR SALE

1 Downs Ave Binghamton, NY 13905

First Ward Neighborhood
6 Beds
-- Bath
3,936 Sq Ft
1950 Built

Last Sold March 31, 2017

Last sale price $109,500 $28 Per Sq Ft

315 Days on Market

Highlights

  • Wood Flooring
  • Enclosed Patio or Porch
  • Shed
  • 2 Car Detached Garage
  • Storm Windows
  • Landscaped

About This Home

As of March 2017

VERY NICE 5 FAMILY AND EXCELLENT INVESTMENT OPPORTUNITY OR OWNER OCCUPY. DESIRABLE RENTAL AREA,WELL MAINTAINED,GOOD CASH FLOW,GREAT TENANTS!16% CAP RATE. SELLER IS LICENSED REALTOR. MUST HAVE 48 HOURS NOTICE TO SHOW. SEPARATE HEAT AND ELECTRIC. OWNER PAYS HOT WATER.

Last Buyer's Agent

Diane Kerth

HOWARD HANNA License #30KE0732769

HOWARD HANNA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,165

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 50x123.30
  • Landscaped
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Cedar Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 6 Bedrooms
  • 3,936 Sq Ft Home
  • Ceiling Fan
  • Partial Basement
  • Pull Down Stairs to Attic
  • Storm Windows
  • Range
  • Washer and Gas Dryer Hookup

Flooring

  • Wood
  • Carpet
  • Tile

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Schools

  • Woodrow Wilson Elementary School

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 5 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,450
  • Water Sewer Expense $2,600
  • Gross Income $29,700
  • Net Operating Income $19,065

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,165

Year Built

Built in 1950

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 50X123.30
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Ownership: OWNER,REAL ESTATE LICENSEE
  • Directions: HWY 17/86 TO AIRPORT RD EXIT 71,SOUTH ON TO DOWNS AVE. (HOUSE ON CORNER OF GLENWOOD AND DOWNS AVE ON RIGHT)
  • Above Grade Finished Sq Ft: 3936.0
  • Architectural Style: Multi-Family
  • Garage Yn: Yes
  • Year Built: 1950
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Has Basement: Partial
  • Total Bedrooms: 6
  • Flooring: Carpet, Hardwood, Tile
  • Interior Amenities: Pull Down Attic Stairs
  • Living Area: 3936.0
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Level
  • Construction Type: Cedar
  • Exterior Features: Landscaping, Shed, Storm Windows/Doors
  • Foundation Details: Basement, Concrete Perimeter
  • Other Structures: Shed(s)
  • Patio And Porch Features: Enclosed, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Electricity, Garage, Two Car Garage, Shared Driveway

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, GasDryer Hookup
  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Electric: 220 Volts
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1200.0
  • Annual Water Sewer Expense: 2600.0

Schools

  • Elementary School: Woodrow Wilson
  • Junior High Dist: Binghamton

Lot Info

  • Zoning Description: M4+
  • Zoning: M4+

Multi Family

  • Number Of Units Total: 5
  • Electric Expense: 220.0
  • Annual Gross Income: 29700.0
  • Insurance Expense: 1450.0
  • Property Net Operating Income: 19065.0
  • Total Actual Rent: 29700.0
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 5165.0
  • Tax Book Number: 143.68-1-3
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2017 03/31/17 Sold $109,500 -4.7% $28 / Sq Ft
11/22/2016 11/22/16 Pending -- -- --
01/12/2016 01/12/16 For Sale $114,900 -- $29 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Agents Affiliated with this Home

  • Diane Kerth

    Buyer's Agent in 2017

    Diane Kerth

    HOWARD HANNA

    (607) 768-3793

    1 in this area

    123 Total Sales

    Diane Kerth
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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 202765

New York Broome County Binghamton 13905 First Ward

1 Downs Ave, Binghamton, NY

Not Listed for Sale

MultiFamily

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