NOT LISTED FOR SALE
18 Beds
12 Baths
8,236 Sq Ft
1984 Built

Sale Details

Date Sold: August 28, 2024

Last sale price $415,000 $50 Per Sq Ft

142 Days on Market

Highlights

  • Covered Patio or Porch
  • Baseboard Heating
  • Carpet

About This Home

As of August 2024

129 Susquehanna, being sold with 127 Susquehanna, offers a compelling investment opportunity in the edge of the student housing area. This 12-unit brick building, along with its companion property, is ripe for redevelopment, with one unit already showcasing the potential transformation.

Situated within sight of two student housing properties, the location is ideal for attracting tenants from the nearby college community. The prospect of owning both properties presents a unique chance to create a significant presence in this growing market.

With a total sale price of $500,000, this combined offer presents an exceptional value. The sturdy brick construction, along with the potential to convert units into one and two-bedroom layouts, adds to the appeal and investment potential of these properties. Don't miss out on this attractively priced investment package!

Last Agent to Sell the Property

Charlie Ackerman

ACKERMANRE LLC License #10491207984 Listed on: 03/14/2024

Last Buyer's Agent

Charlie Ackerman

ACKERMANRE LLC License #10491207984 Listed on: 03/14/2024

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,528

Year Built

  • Built in 1984

Home Design

  • 8,236 Sq Ft Home
  • Brick Exterior Construction

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 12 Full Bathrooms

Schools

  • Macarthur Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Gas Water Heater

Additional Features

  • Range
  • Covered Patio or Porch
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-160-050-0001-049-000-0000

Community Details

Overview

  • 12 Units
  • Whitneys Subdivision

Building Details

  • Insurance Expense $4,100
  • Water Sewer Expense $5,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,528

Year Built

Built in 1984

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: susquehanna
  • Ownership: OWNER
  • Subdivision Name: Whitneys
  • Directions: Get in your car and put it in the gps
  • Above Grade Finished Sq Ft: 8236.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1984
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Full Bathrooms: 12
  • Total Bedrooms: 18
  • Flooring: Carpet, Vinyl
  • Living Area: 8236.0

Exterior Features

  • Lot Features: Other, See Remarks
  • Construction Type: Brick
  • Exterior Features: Patio
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 5000.0

Schools

  • Elementary School: MacArthur
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-160-050-0001-049-000-0000
  • Zoning Description: Com1
  • Zoning: Com1

Multi Family

  • Number Of Units Total: 12
  • Electric Expense: 210.0
  • Insurance Expense: 4100.0

Tax Info

  • Tax Annual Amount: 6528.0
  • Tax Book Number: 160.50-1-49

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
Mar 14, 2024
Closed on
Aug 28, 2024
Sold by
Bought by
Seller's Agent
Charlie Ackerman
ACKERMANRE LLC
Buyer's Agent
Charlie Ackerman
ACKERMANRE LLC
List Price
$300,000
Sold Price
$415,000
Premium/Discount to List
$115,000
38.33%
Views
120

Purchase Details

Closed on
Jun 22, 2007
Sold by
Bought by

Purchase Details

Closed on
Mar 27, 2006
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 27, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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 Buyer Sale Price Title Company
$415,000 None Listed On Document
-- Jerome Nealon
$14,683 John Young
$2,000 --
$12,837 --
$12,837 --
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
08/28/2024 08/28/24 Sold $415,000 +38.3% $50 / Sq Ft
03/15/2024 03/15/24 For Sale $300,000 -- $36 / 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 -- $67,900 $25,000 $42,900
2024 $6,692 $67,900 $25,000 $42,900
2023 $6,570 $67,900 $25,000 $42,900
2022 $6,415 $67,900 $25,000 $42,900
2021 $6,343 $67,900 $25,000 $42,900
2020 $6,364 $67,900 $25,000 $42,900
2019 $3,393 $67,900 $25,000 $42,900
2018 $6,183 $67,900 $25,000 $42,900
2017 $6,216 $67,900 $25,000 $42,900
2016 $2,486 $27,000 $25,000 $2,000
2015 $2,197 $27,000 $25,000 $2,000
2014 $2,197 $27,000 $25,000 $2,000
Source: Public Records

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 324823

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