NOT LISTED FOR SALE
16 Beds
-- Bath
9,918 Sq Ft
1927 Built

Sale Details

Date Sold: September 12, 2022

Last sale price $600,000 $60 Per Sq Ft

45 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Level Lot
  • Forced Air Heating System

About This Home

As of September 2022

Large Brick Multi Unit building, 12 units total. Tenants pay their own utilities, close to bus line & downtown area. Newer windows. This is a great investment opportunity!

Last Agent to Sell the Property

Dave Micha

SALL REAL ESTATE License #10301220820 Listed on: 05/09/2022

Co-Listed By

Erin Micha

SALL REAL ESTATE License #10401301398

Last Buyer's Agent

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $28,260

Year Built

  • Built in 1927

Home Design

  • 9,918 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 16 Bedrooms

Lot Details

  • Lot Dimensions are 55x147
  • Level Lot

Schools

  • Horace Mann Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Radiator
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Community Details

Overview

  • 12 Units

Building Details

  • 12 Separate Electric Meters
  • 12 Separate Gas Meters
  • Insurance Expense $4,300
  • Water Sewer Expense $8,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$28,260

Year Built

Built in 1927

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 55x147
  • Co List Office Mls Id: 620
  • Co List Office Phone: 607-772-0005
  • Ownership: OWNER
  • Directions: Main street to Murray.
  • Above Grade Finished Sq Ft: 9918.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1927
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Total Bedrooms: 16
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 9918.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air, Radiator(s), Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1000.0
  • Annual Water Sewer Expense: 8500.0

Schools

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

Lot Info

  • Zoning Description: 411- Apartment
  • Zoning: 411- Apartment

Multi Family

  • Number Of Units Total: 12
  • Electric Expense: 500.0
  • Insurance Expense: 4300.0
  • Total Actual Rent: 95292.0
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12

Tax Info

  • Tax Annual Amount: 28260.0
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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
09/12/2022 09/12/22 Sold $600,000 -11.1% $60 / Sq Ft
06/24/2022 06/24/22 Pending -- -- --
05/09/2022 05/09/22 For Sale $675,000 -- $68 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax History

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 $27,270 $276,700 $7,500 $269,200
2024 $27,270 $276,700 $7,500 $269,200
2023 $26,773 $276,700 $7,500 $269,200
2022 $26,143 $276,700 $7,500 $269,200
2021 $25,850 $276,700 $7,500 $269,200
2020 $27,137 $276,700 $7,500 $269,200
2019 $5,351 $276,700 $7,500 $269,200
2018 $9,459 $100,000 $7,500 $92,500
2017 $9,154 $100,000 $7,500 $92,500
2016 $9,208 $100,000 $7,500 $92,500
2015 $12,299 $100,000 $7,500 $92,500
2014 $12,299 $100,000 $7,500 $92,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 317004

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