110 Walnut St Binghamton, NY 13905
West Side NeighborhoodEstimated payment $1,622/month
Highlights
- Wood Flooring
- Baseboard Heating
- Level Lot
About This Home
This fully occupied, two-building, four-unit property is ideally situated in Binghamton’s desirable West Side—an area experiencing steady growth in student and housing demand. Zoned R3, it’s fully approved for student rentals and is conveniently located within walking distance to Downtown Binghamton and major bus lines. The property has been well maintained and offers strong, reliable cash flow with a history of consistent occupancy. All utilities are separately metered—providing efficient management and clear tenant responsibility. Tenants pay all utilities except water and sewer. Recent capital improvements include: Two new boilers, 2 new hot water heaters, Laundry hookups available in the rear building’s common area This is an outstanding investment opportunity in a high-demand rental market—perfect for investors seeking solid returns and long-term growth potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,257
Year Built
- Built in 1880
Lot Details
- Lot Dimensions are 40x150
- Level Lot
Parking
- Driveway
Home Design
- 3,452 Sq Ft Home
- Quadruplex
- Aluminum Siding
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 9 Bedrooms
Schools
- Horace Mann Elementary School
Utilities
- No Cooling
- Baseboard Heating
- Gas Water Heater
- Community Sewer or Septic
- Cable TV Available
Additional Features
- Basement
Listing and Financial Details
- Assessor Parcel Number 030200-160-031-0002-019-000-0000
Community Details
Overview
- 4 Units
- Thorps Location Subdivision
Building Details
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,200
- Water Sewer Expense $900
- Net Operating Income $36,472
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/25/2025 07/25/25 | For Sale | $258,000 | +405.9% | $75 / Sq Ft | |
| 10/25/2019 10/25/19 | Sold | $51,000 | -36.2% | $17 / Sq Ft | View Prior Sale |
| 10/25/2019 10/25/19 | Pending | -- | -- | -- | |
| 04/23/2018 04/23/18 | For Sale | $79,900 | -- | $27 / Sq Ft |
Source: Greater Binghamton Association of REALTORS®
MLS Number: 332217
APN: 030200 160.31-2-19
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