Melissa Coolbaugh
WARREN REAL ESTATE (Vestal)
(607) 608-3465
70 Total Sales
2 in Far West Side
$116K - $437K Price Range
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
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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
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 17, 2025
Closed on
Dec 23, 2025
Sold by
Bought by
Seller's Agent
Keith Arnold
HOWARD HANNA
Buyer's Agent
Anthony Giacovelli
eXp REALTY
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Views
28
Purchase Details
Listed on
Mar 21, 2018
Closed on
Jul 27, 2018
Sold by
Bought by
Seller's Agent
Derek Schoenfeldt
HOWARD HANNA
Buyer's Agent
Keith Arnold
HOWARD HANNA
List Price
$650,000
Sold Price
$650,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Purchase Details
Closed on
Oct 24, 2008
Sold by
Bought by
Purchase Details
Closed on
Sep 9, 2008
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Far West Side, NY
-
Melissa Coolbaugh
-
Thomas Reid
Thomas Reid
EXIT REALTY HOMEWARD BOUND
(607) 414-6941
176 Total Sales
16 in Far West Side
$105K - $370K Price Range
-
Linda Kent
Linda Kent
LINDA KENT REAL ESTATE, LLC
(607) 251-0233
66 Total Sales
9 in Far West Side
$135K - $480K Price Range
-
Jack Yao
Jack Yao
Realmart Realty, LLC
(732) 838-6992
1,413 Total Sales
1 in Far West Side
$236,000 Price
-
Jimmy Jones
Jimmy Jones
CENTURY 21 NORTH EAST
(607) 608-3311
103 Total Sales
4 in Far West Side
$131K - $195K Price Range
-
Linda Giammarino
Linda Giammarino
CENTURY 21 NORTH EAST
(607) 203-9078
93 Total Sales
9 in Far West Side
$120K - $285K Price Range
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $950,000 | Chicago Title | ||
| $650,000 | None Available | ||
| $228,000 | -- | ||
| -- | Robert Behnke |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $150,000 |
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 |
|---|---|---|---|---|---|
| 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
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 | -- | $215,900 | $18,800 | $197,100 |
| 2024 | $21,278 | $215,900 | $18,800 | $197,100 |
| 2023 | $20,890 | $215,900 | $18,800 | $197,100 |
| 2022 | $20,399 | $215,900 | $18,800 | $197,100 |
| 2021 | $20,170 | $215,900 | $18,800 | $197,100 |
| 2020 | $20,236 | $215,900 | $18,800 | $197,100 |
| 2019 | $9,446 | $215,900 | $18,800 | $197,100 |
| 2018 | $17,211 | $189,000 | $18,800 | $170,200 |
| 2017 | $17,302 | $189,000 | $18,800 | $170,200 |
| 2016 | $17,403 | $189,000 | $18,800 | $170,200 |
| 2015 | $12,581 | $189,000 | $18,800 | $170,200 |
| 2014 | $12,581 | $189,000 | $18,800 | $170,200 |
Source: Public Records
Agents Affiliated with this Home
-
Keith Arnold
Seller's Agent in 2025
Keith Arnold
HOWARD HANNA
(607) 651-3369
10 in this area
175 Total Sales
-
Anthony Giacovelli
Buyer's Agent in 2025
Anthony Giacovelli
eXp REALTY
(607) 237-9972
14 in this area
126 Total Sales
-
Derek Schoenfeldt
D
Seller's Agent in 2018
Derek Schoenfeldt
HOWARD HANNA
(607) 222-5124
8 in this area
195 Total Sales
Map
Source: Greater Binghamton Association of REALTORS®
MLS Number: 332015
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