NOT LISTED FOR SALE

1 Downs Ave Binghamton, NY 13905

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

Sale Details

Date 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
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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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in First Ward, NY

  • R. Karl Zandt Real Estate Agent - EXIT REALTY FRONT AND CENTER

    R. Karl Zandt

    EXIT REALTY FRONT AND CENTER

    (607) 304-3963

    167 Total Sales

    2 in First Ward

    $104K - $133K Price Range

    R. Karl Zandt
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  • Lorelee Schultz Real Estate Agent - HOWARD HANNA

    Lorelee Schultz

    HOWARD HANNA

    (607) 608-3999

    138 Total Sales

    4 in First Ward

    $72K - $100K Price Range

    Lorelee Schultz
     Section Image
  • Aleya Majid Real Estate Agent - EXIT REALTY HOMEWARD BOUND

    Aleya Majid

    EXIT REALTY HOMEWARD BOUND

    (680) 213-7014

    149 Total Sales

    5 in First Ward

    $72K - $130K Price Range

    Aleya Majid
     Section Image
  • Derek Mignerey Real Estate Agent - EXIT REALTY HOMEWARD BOUND

    Derek Mignerey

    EXIT REALTY HOMEWARD BOUND

    (607) 608-3685

    37 Total Sales

    2 in First Ward

    $80K - $109K Price Range

    Derek Mignerey
     Section Image
  • Melissa Coolbaugh Real Estate Agent - WARREN REAL ESTATE (Vestal)

    Melissa Coolbaugh

    WARREN REAL ESTATE (Vestal)

    (607) 608-3465

    70 Total Sales

    1 in First Ward

    $145,000 Price

    Melissa Coolbaugh
     Section Image
  • Kristi Frantellizzi Real Estate Agent - EXIT REALTY FRONT AND CENTER

    Kristi Frantellizzi

    EXIT REALTY FRONT AND CENTER

    (607) 357-8618

    28 Total Sales

    2 in First Ward

    $115K - $130K Price Range

    Kristi Frantellizzi
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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 Real Estate Agent - HOWARD HANNA

    Buyer's Agent in 2017

    Diane Kerth

    HOWARD HANNA

    (607) 768-3793

    1 in this area

    112 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

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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