$669,000
$9K PRICE DROP

Estimated payment $4,187/month

Total Views 2,105
9 Beds
-- Bath
4,918 Sq Ft
$136 Price per Sq Ft

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • Level Lot

About This Home

Offered for sale is a well maintained 9-unit mixed use building with a proven rental profile. The unit mix includes three one-bedroom units, one efficiency, three studios, one two-bedroom unit, plus a separately leased office. The property has benefited from major capital improvements within the past five years, including a new roof, fire escape, plumbing, and electrical systems. The building is professionally managed with an on-site superintendent in place and has demonstrated consistent performance supported by its Main Street setting, transit access, and commercial zoning that allows flexibility for multifamily or student housing use.

Listing Agent

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 01/23/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,932

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 60x130
  • Level Lot

Parking

  • Driveway

Home Design

  • 4,918 Sq Ft Home
  • Aluminum Siding

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 9 Bedrooms

Schools

  • Thomas Jefferson Elementary School

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-160-030-0001-023-000-0000

Community Details

Overview

  • 9 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $6,636
  • Maintenance Expense $3,840
  • Gross Income $87,900
  • Net Operating Income $55,874

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,932

Year Built

Built in 1960

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 60x130
  • Professional Management Expense: 7032.0
  • Ownership: OWNER
  • Directions: Main St. 2nd building west of Crandall.
  • Above Grade Finished Sq Ft: 4918.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1960
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Total Bedrooms: 9
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 4918.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Schools

  • Elementary School: Thomas Jefferson
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-160-030-0001-023-000-0000
  • Zoning Description: C-1
  • Zoning: C-1

Multi Family

  • Number Of Units Total: 9
  • Annual Gross Income: 87900.0
  • Insurance Expense: 6636.0
  • Maintenance Expense: 3840.0
  • Property Net Operating Income: 55874.0
  • Annual Operating Expense: 46652.0
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 8932.0
  • Tax Book Number: 160.30-1-23

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $8,771 $89,000 $59,300 $29,700
2023 $8,611 $89,000 $59,300 $29,700
2022 $8,409 $89,000 $59,300 $29,700
2021 $8,315 $89,000 $59,300 $29,700
2020 $8,342 $89,000 $59,300 $29,700
2019 $4,448 $89,000 $59,300 $29,700
2018 $8,105 $89,000 $59,300 $29,700
2017 $8,147 $89,000 $59,300 $29,700
2016 $8,195 $89,000 $59,300 $29,700
2015 $9,765 $89,000 $59,300 $29,700
2014 $9,765 $89,000 $59,300 $29,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2026 02/23/26 Price Changed $669,000 -1.3% $136 / Sq Ft
01/23/2026 01/23/26 For Sale $678,000 +392.0% $138 / Sq Ft
12/30/2020 12/30/20 Sold $137,800 -16.5% $28 / Sq Ft View Prior Sale
11/09/2020 11/09/20 Pending -- -- --
06/17/2020 06/17/20 For Sale $165,000 -- $34 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Source: Greater Binghamton Association of REALTORS®

MLS Number: 334488

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