$265,000
UNDER CONTRACT $20K PRICE DROP

1193 Old Route 17 Windsor, NY 13865

Estimated payment $1,912/month

Total Views 59,790
11 Beds
8 Baths
4,540 Sq Ft
$58 Price per Sq Ft

Highlights

  • Wood Flooring
  • Covered Patio or Porch
  • Ceiling Fan
  • A.F. Palmer Elementary School / Windsor Central Middle School Rated A-
  • Forced Air Heating System
  • Level Lot

About This Home

Great opportunity to own an income producing property that practically pays for itself. 8 Units in two seperate buildings with long term tenants produces a 9% ROI. All utilities are seperate including the propane tanks for the heating system. Tenants pay for the propane and the lease of the tanks which reduces the cost of what the landlord pays. Property has one well and two seperate septic tanks for a decrease in maintenance costs... Don't the let opportunity slip away to add to your investment portfolio or use this to start one.

Listing Agent

Thomas Reid

EXIT REALTY HOMEWARD BOUND License #40RE1144629 Listed on: 02/24/2025

EXIT REALTY HOMEWARD BOUND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,001

Year Built

  • Built in 1930

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 4,540 Sq Ft Home
  • Ceiling Fan
  • Partial Basement

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 8 Full Bathrooms

Schools

  • C R Weeks Elementary School

Utilities

  • Forced Air Heating System
  • Space Heater
  • Well
  • Propane Water Heater
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • Level Lot

Listing and Financial Details

  • Assessor Parcel Number 035089-199-006-0001-017-000-0000

Community Details

Overview

  • 8 Units

Building Details

  • 9 Separate Electric Meters
  • Insurance Expense $6,000
  • Gross Income $17,976
  • Net Operating Income $45,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,001

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: .78 acres
  • Professional Management Expense: 2200.0
  • Ownership: OWNER
  • Directions: Rt 17 from Binghamron to exit 80. Turn left... and then another left at the T and property is on your right
  • Above Grade Finished Sq Ft: 4540.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1930
  • Property Sub Type Additional: Apartment
  • Special Features: 4224

Interior Features

  • Appliances: Propane Water Heater
  • Has Basement: Partial
  • Full Bathrooms: 8
  • Total Bedrooms: 11
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 4540.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Other, Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Basement, Slab
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air, Space Heater
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Schools

  • Elementary School: C R Weeks
  • Junior High Dist: Windsor

Lot Info

  • Parcel #: 035089-199-006-0001-017-000-0000
  • Zoning Description: 411 Multi-Residential
  • Zoning: 411 Multi-Residential

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 240.0
  • Annual Gross Income: 17976.0
  • Insurance Expense: 6000.0
  • Property Net Operating Income: 45300.0
  • Annual Operating Expense: 17976.0
  • Number Of Separate Electric Meters: 9

Tax Info

  • Tax Annual Amount: 6001.0
  • Tax Book Number: 199.06-1-17

Map

Range of Values:

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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 Change Sq Ft Price
04/08/2025 04/08/25 Price Changed $265,000 -7.0% $58 / Sq Ft
02/24/2025 02/24/25 For Sale $285,000 +32.6% $63 / Sq Ft
03/02/2022 03/02/22 Sold $215,000 -8.1% $46 / Sq Ft
12/08/2021 12/08/21 Pending -- -- --
06/04/2021 06/04/21 For Sale $234,000 -- $50 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

About the Listing Agent

Thomas Reid

EXIT REALTY HOMEWARD BOUND

(607) 305-4349

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Thomas Reid earned his Real Estate license in 2007. Since then he has apprenticed with some of the industry's top agents and coaches to enhance his understanding of the market and all aspects of real estate

Based in the Greater Binghamton area, Thomas is the expert to help you in all of your home buying and selling needs in Binghamton, Johnson City, Endwell, Endicott & Vestal.

Specializing in First Time Homebuyers, relocations and investments, his multi-faceted expertise is of

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Source: Greater Binghamton Association of REALTORS®

MLS Number: 330085

APN: 035089 199.06-1-17