$1,100,000

Estimated payment $7,328/month

Total Views 182
18 Beds
12 Baths
7,200 Sq Ft
$153 Price per Sq Ft

Highlights

  • 5 Car Detached Garage
  • Hot Water Heating System
  • Vinyl Flooring
  • Cooling System Mounted To A Wall/Window
  • Level Lot

About This Home

Capitalize on this exceptional opportunity to own a fully renovated 6-unit apartment building at 13 Mather Street. Featuring 18 bedrooms and 12 full bathrooms, this turnkey investment is ideally suited for the high-demand student housing market.
The property is 100% occupied, providing immediate, proven rental income and dependable cash flow from day one.
Renovated throughout, the building offers updated living spaces that appeal to student tenants while helping reduce ongoing maintenance.Whether you're expanding your portfolio or seeking a stable, income-producing multifamily asset, this property delivers strong investment potential in a sought-after student rental location.

Listing Agent

Stephanie Edson

KELLER WILLIAMS REALTY GREATER BINGHAMTON License #10401376973 Listed on: 08/06/2026

KELLER WILLIAMS REALTY GREATER BINGHAMTON

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,241

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50x170
  • Level Lot

Parking

  • 5 Car Detached Garage

Home Design

  • Stucco

Interior Spaces

  • 7,200 Sq Ft Home
  • Vinyl Flooring
  • Basement

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 12 Full Bathrooms

Schools

  • Horace Mann Elementary School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Radiator
  • Hot Water Heating System
  • Gas Water Heater

Community Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Insurance Expense $4,150
  • Maintenance Expense $2,864
  • Gross Income $153,900
  • Net Operating Income $111,394

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,241

Year Built

Built in 1920

Lot Details

8,712 Sq Ft Lot

Parking

5

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 50x170
  • Professional Management Expense: 12096.0
  • Ownership: OWNER
  • Directions: From Front street, take right on to North St, Take left on to Mather, House is on the right.
  • Above Grade Finished Sq Ft: 7200.0
  • Architectural Style: Multi-Family
  • Garage Yn: Yes
  • Structure Type: Apartment
  • Year Built: 1920
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 12
  • Total Bedrooms: 18
  • Flooring: Vinyl
  • Living Area: 7200.0

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 5.0
  • Parking Features: Detached, Garage, Three Car Garage

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Hot Water, Radiator(s)
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Schools

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

Lot Info

  • Zoning Description: Com 1
  • Zoning: Com 1

Multi Family

  • Annual Gross Income: 153900.0
  • Insurance Expense: 4150.0
  • Maintenance Expense: 2864.0
  • Property Net Operating Income: 111394.05
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6

Tax Info

  • Tax Annual Amount: 15240.95
  • Tax Book Number: 160.30-3-20

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 -- $141,000 $6,400 $134,600
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

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 Prior Sale
08/06/2026 08/06/26 For Sale $1,100,000 +478.9% $153 / Sq Ft
07/19/2021 07/19/21 Sold $190,000 -11.6% $26 / Sq Ft View Prior Sale
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®

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 Type Sale Price Title Company
Warranty Deed $655,000 None Listed On Document
Warranty Deed $140,000 None Listed On Document
Deed $245,000 None Listed On Document
Source: Public Records

Mortgage 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 Status Loan Amount Loan Type
Open $310,000 New Conventional
Closed $229,750 Construction
Open $695,000 New Conventional
Previous Owner $100,000 Commercial
Source: Public Records

Source: Greater Binghamton Association of REALTORS®

MLS Number: 337354

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