NOT LISTED FOR SALE
12 Beds
6 Baths
7,200 Sq Ft
1920 Built

Last Sold July 19, 2021

Last sale price $190,000 $26 Per Sq Ft

18 Days on Market

Highlights

  • Wood Flooring
  • Heating System Uses Steam
  • Radiator
  • 6 Car Garage
  • Level Lot

About This Home

As of July 2021

Incredible investment opportunity! Four of the six are rented with long-term tenants. Close to downtown and on close to the bus line.
All apartment have very spacious rooms with mostly hardwood floors. Lots of natural light. Coin operated laundry and storage in the basement. A garage for every unit.

Last Agent to Sell the Property

Keith Daniels

EXIT REALTY FRONT AND CENTER License #10401279609 Listed on: 05/21/2021

EXIT REALTY FRONT AND CENTER

Last Buyer's Agent

Keith Daniels

EXIT REALTY FRONT AND CENTER License #10401279609 Listed on: 05/21/2021

EXIT REALTY FRONT AND CENTER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50x170
  • Level Lot

Parking

  • 6 Car Garage

Home Design

  • 7,200 Sq Ft Home
  • Stucco

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Schools

  • Horace Mann Elementary School

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-160-030-0003-020-000-0000

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Water Sewer Expense $2,000
  • Net Operating Income $18,514

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

6

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 50x170
  • Professional Management Expense: 2628.0
  • Directions: Main to Mather. Basement code is 4695.
  • Above Grade Finished Sq Ft: 7200.0
  • Architectural Style: Multi-Family
  • Garage Yn: Yes
  • Year Built: 1920
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Flooring: Hardwood, Vinyl
  • Living Area: 7200.0

Exterior Features

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

Garage/Parking

  • Garage Spaces: 6.0
  • Parking Features: Oversized

Utilities

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

Fee Information

  • Annual Fuel Expense: 4800.0
  • Annual Water Sewer Expense: 2000.0

Schools

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

Lot Info

  • Parcel #: 030200-160-030-0003-020-000-0000
  • Zoning Description: Yes
  • Zoning: Yes

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 540.0
  • Insurance Expense: 2250.0
  • Property Net Operating Income: 18514.0
  • Annual Operating Expense: 43800.0
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6

Tax Info

  • Tax Annual Amount: 13230.0
  • Tax Book Number: 160.30-3-20
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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 Prior Sale
07/19/2021 07/19/21 Sold $190,000 -11.6% $26 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $215,000 +138.9% $30 / Sq Ft
09/11/2015 09/11/15 Sold $90,000 0.0% $13 / Sq Ft View Prior Sale
04/15/2015 04/15/15 Pending -- -- --
07/14/2014 07/14/14 For Sale $90,000 -- $13 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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
2024 $13,896 $141,000 $6,400 $134,600
2023 $13,643 $141,000 $6,400 $134,600
2022 $13,322 $141,000 $6,400 $134,600
2021 $13,173 $141,000 $6,400 $134,600
2020 $13,216 $141,000 $6,400 $134,600
2019 $7,047 $141,000 $6,400 $134,600
2018 $12,840 $141,000 $6,400 $134,600
2017 $12,908 $141,000 $6,400 $134,600
2016 $12,983 $141,000 $6,400 $134,600
2015 $11,474 $141,000 $6,400 $134,600
2014 $11,474 $141,000 $6,400 $134,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 311417