$280,000
SOLD MAY 4, 2026
6 Beds
2 Baths
2,044 Sq Ft
3,049 Sq Ft Lot

Sale Details

Date Sold: May 4, 2026

$137 Per Sq Ft

6% Below List Price

39 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Level Lot

About This Home

As of May 2026

Fully occupied student housing investment on Binghamton’s West Side within R-3 zoning, supporting higher density residential use. Property consists of two units, each configured as a 3-bedroom, 1 bath layout. Located south of Main Street in an established student corridor with access to Downtown amenities and university bus routes. Leases for next semester secured at $700 per bed, supporting an 11.03% cap rate based on current expenses. Proven rental demand and consistent occupancy. The West Side remains one of the most reliable off-campus housing locations serving Binghamton University, supporting strong leasing performance and long-term rental stability.

Last Agent to Sell the Property

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 02/26/2026

Last Buyer's Agent

Santino Gance

EXIT REALTY HOMEWARD BOUND License #10401362294

EXIT REALTY HOMEWARD BOUND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,582

Year Built

  • Built in 1921

Lot Details

  • Level Lot

Parking

  • Driveway

Home Design

  • 2,044 Sq Ft Home
  • Aluminum Siding

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Full Bathrooms

Schools

  • Horace Mann Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,286
  • Net Operating Income $32,982

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,582

Year Built

Built in 1921

Lot Details

3,049 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 0.07
  • Ownership: OWNER
  • Directions: Main to Walnut
  • Above Grade Finished Sq Ft: 2044.0
  • Garage Yn: No
  • Structure Type: Apartment
  • Year Built: 1921
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 6
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 2044.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1861.0

Schools

  • Elementary School: Horace Mann
  • Junior High Dist: Binghamton

Lot Info

  • Zoning Description: R-3
  • Zoning: R-3

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 2596.0
  • Insurance Expense: 1286.0
  • Property Net Operating Income: 32982.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 3582.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2026
Closed on
May 11, 2026
Sold by
Bought by
Seller's Agent
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
Buyer's Agent
Santino Gance
EXIT REALTY HOMEWARD BOUND
List Price
$299,000
Sold Price
$280,000
Premium/Discount to List
-$19,000
-6.35%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.00%
Original Mortgage
$210,000
Outstanding Balance
$210,000
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$77,333

Purchase Details

Closed on
Nov 20, 2019
Sold by
Bought by

Purchase Details

Closed on
Jun 30, 2011
Sold by
Bought by

Purchase Details

Closed on
Jul 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,600
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 1, 2002
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase 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 Type Sale Price Title Company
Warranty Deed $280,000 Westcor Land Title
Warranty Deed $2,685,500 Old Republic National Title
Deed $50,000 None Available
Deed $49,500 Peter A Gorton
Quit Claim Deed -- Peter A Gorton
Deed $32,250 Richard Allen
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $210,000 New Conventional
Previous Owner $39,600 New Conventional
Source: Public Records

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
05/04/2026 05/04/26 Sold $280,000 -6.4% $137 / Sq Ft
04/06/2026 04/06/26 Pending -- -- --
02/26/2026 02/26/26 For Sale $299,000 -- $146 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax 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.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 -- $55,000 $16,700 $38,300
2024 $5,421 $55,000 $16,700 $38,300
2023 $5,322 $55,000 $16,700 $38,300
2022 $5,197 $55,000 $16,700 $38,300
2021 $5,138 $55,000 $16,700 $38,300
2020 $3,398 $55,000 $16,700 $38,300
2019 $1,734 $55,000 $16,700 $38,300
2018 $3,313 $55,000 $16,700 $38,300
2017 $3,330 $55,000 $16,700 $38,300
2016 $3,343 $55,000 $16,700 $38,300
2015 $2,971 $55,000 $16,700 $38,300
2014 $2,971 $55,000 $16,700 $38,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 334844

APN: 030200-160-046-0003-035-000-0000

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