$725,000

140 Chapin St Binghamton, NY 13905

West Side Neighborhood

Estimated payment $4,708/month

Total Views 96
14 Beds
-- Bath
6,117 Sq Ft
$119 Price per Sq Ft

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Level Lot

About This Home

Introducing 140 Chapin St, a prime investment opportunity in Binghamton, NY. This 6,117 SF building, boasting 11 units, presents a lucrative student housing investment in an excellent location in Binghamton's West Side. The property enjoys a high 92.8% occupancy rate, ensuring immediate income generation. Zoned R-3, it offers flexibility for future development. Situated in one of the most established areas for student housing in the Binghamton market and walking distance to Downtown Binghamton ensures a steady occupancy and cash flow. Many of the rents are below market rent creating an opportunity for significant value add without the large renovation costs.

Listing Agent

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 12/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,731

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 56x142
  • Level Lot

Parking

  • Driveway

Home Design

  • 6,117 Sq Ft Home
  • Cedar Siding

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 14 Bedrooms

Schools

  • Horace Mann Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-160-039-0002-029-000-0000

Community Details

Overview

  • 11 Units

Building Details

  • 11 Separate Electric Meters
  • 11 Separate Gas Meters
  • Insurance Expense $5,220

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,731

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 56x142
  • Ownership: OWNER
  • Directions: Main to Chapin
  • Above Grade Finished Sq Ft: 6117.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1950
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Total Bedrooms: 14
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 6117.0

Exterior Features

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

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Schools

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

Lot Info

  • Parcel #: 030200-160-039-0002-029-000-0000
  • Zoning Description: Residential Multi Unit
  • Zoning: Residential Multi Unit

Multi Family

  • Number Of Units Total: 11
  • Electric Expense: 6058.0
  • Insurance Expense: 5220.0
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11

Tax Info

  • Tax Annual Amount: 10731.0
  • Tax Book Number: 160.39-2-29

Map

Range of Values:

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Value Increase
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List Price
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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
12/09/2025 12/09/25 For Sale $725,000 -- $119 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Source: Greater Binghamton Association of REALTORS®

MLS Number: 334004

New York Broome County Binghamton 13905 West Side

140 Chapin St, Binghamton, NY

For Sale

MultiFamily

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Scott Warren
Listing Agent
Scott Warren
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INNOVATIVE COMMERCIAL ADVISORS
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