Seller's Agent in 2025
Keith Arnold
HOWARD HANNA
(607) 651-3369
10 in this area
189 Total Sales
2 Grand Blvd Binghamton, NY 13905
Far West Side Neighborhood
27
Beds
10
Baths
8,334
Sq Ft
6,098
Sq Ft Lot
Highlights
- Wood Flooring
- Hot Water Heating System
- Level Lot
- Covered Patio or Porch
- High Speed Internet
- 4-minute walk to Binghamton Recreation Park
About This Home
As of December 2025Turnkey 10-Unit Investment Property Offered. Located on the prime Binghamton West Side, this property is just minutes from BU, downtown, and UHS. It features 10 fully leased units through 2026. This extensively renovated and repositioned property has undergone significant capital upgrades, including new kitchens, baths, flooring, roofing, smart tech, and mechanical systems. Separately metered cooking gas and electric are available in most units, with the option of tenant-paid gas/electric. There is also strong income in place. Fully stabilized, professionally managed, and consistently leased, this is a rare high-yield, low-maintenance asset with excellent cash flow and 8%+ cap rate potential. It’s perfect for both new and seasoned investors. Don’t miss this opportunity!
Last Agent to Sell the Property
HOWARD HANNA License #10301223975 Listed on: 07/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,000
Year Built
- Built in 1930
Lot Details
- Lot Dimensions are 50 x 125
- Level Lot
Parking
- On-Street Parking
Home Design
- Poured Concrete
- Stucco
Interior Spaces
- 8,334 Sq Ft Home
- Insulated Windows
- Walk-Out Basement
Kitchen
- Range
- Microwave
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 27 Bedrooms
- 10 Full Bathrooms
Laundry
- Dryer
- Washer
Outdoor Features
- Covered Patio or Porch
Schools
- Thomas Jefferson Elementary School
Utilities
- No Cooling
- Radiator
- Hot Water Heating System
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 030200-160-021-0005-008-000-0000
Community Details
Overview
- 10 Units
Building Details
- 10 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $8,700
- Maintenance Expense $5,000
- Water Sewer Expense $3,900
- Gross Income $169,100
- Net Operating Income $88,875
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/31/2025 12/31/25 | Sold | $950,000 | -9.5% | $114 / Sq Ft | |
| 11/28/2025 11/28/25 | Pending | -- | -- | -- | |
| 07/17/2025 07/17/25 | For Sale | $1,050,000 | 0.0% | $126 / Sq Ft | |
| 01/01/2024 01/01/24 | For Rent | $900 | -41.9% | -- | |
| 11/10/2023 11/10/23 | Price Changed | $1,550 | 0.0% | $2 / Sq Ft | |
| 08/22/2018 08/22/18 | Sold | $650,000 | 0.0% | $78 / Sq Ft | View Prior Sale |
| 03/21/2018 03/21/18 | For Sale | $650,000 | -- | $78 / Sq Ft | |
| 03/28/2017 03/28/17 | Pending | -- | -- | -- |
Source: Greater Binghamton Association of REALTORS®
Tax History Compared to Growth
Agents Affiliated with this Home
-
Keith Arnold
-
Anthony Giacovelli
Buyer's Agent in 2025
Anthony Giacovelli
eXp REALTY
(607) 237-9972
12 in this area
126 Total Sales
-
Derek Schoenfeldt
D
Seller's Agent in 2018
Derek Schoenfeldt
HOWARD HANNA
(607) 222-5124
7 in this area
192 Total Sales
Map
Source: Greater Binghamton Association of REALTORS®
MLS Number: 332015
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