$285,000

23 Cedar St Unit 5 Binghamton, NY 13905

Far West Side Neighborhood

Estimated payment $1,853/month

5 Beds
2 Baths
2,044 Sq Ft
$139 Price per Sq Ft

Highlights

  • Mature Trees
  • Wood Flooring
  • 1 Car Detached Garage
  • Deck
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

Fully furnished duplex available on the West Side! Renovated from top to bottom, both units have new kitchens, new baths, refreshed hardwood floors, fresh carpets, and trendy paint colors. The building is fully-rented and tenants would like to stay. Recent improvements include two new furnaces, new hot water heaters, new windows, and a new roof and gutters. Performing at an actual 7.8% cap rate. Call your favorite agent and check it out today!

Listing Agent

Stephanie Jacobson

Yaman Commercial Industrial License #10401301213 Listed on: 05/04/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,101

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 40 x 182
  • Level Lot
  • Mature Trees

Parking

  • 1 Car Detached Garage

Home Design

  • Duplex
  • Vinyl Siding

Interior Spaces

  • 2,044 Sq Ft Home
  • Insulated Windows
  • Basement

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Horace Mann Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 030200-160-038-0001-002-000-0000

Community Details

Overview

  • 2 Units
  • University Place Subdivision

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $1,600
  • Maintenance Expense $2,040
  • Water Sewer Expense $1,400
  • Gross Income $40,800
  • Net Operating Income $21,539

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,101

Year Built

Built in 1920

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 40 x 182
  • Professional Management Expense: 4080.0
  • Inclusions: CARBON MONOXIDE DETECTOR,FURNISHINGS/CALL LO,SMOKE DETECTORS
  • Ownership: OWNER
  • Subdivision Name: University Place
  • Directions: West side of Cedar Street near Main.
  • Above Grade Finished Sq Ft: 2044.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Structure Type: Duplex
  • Year Built: 1920
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Carpet, Hardwood, Tile, Vinyl
  • Living Area: 2044.0
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Deck, Mature Trees/Landscape
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Deck

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Detached, Garage, One Car Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available, Phone Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1400.0
  • Annual Water Sewer Expense: 1400.0

Schools

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

Lot Info

  • Parcel #: 030200-160-038-0001-002-000-0000
  • Zoning Description: R2
  • Zoning: R2

Multi Family

  • Number Of Units Total: 2
  • Electric Expense: 1400.0
  • Annual Gross Income: 40800.0
  • Insurance Expense: 1600.0
  • Maintenance Expense: 2040.0
  • Property Net Operating Income: 21539.0
  • Annual Operating Expense: 19261.0
  • Total Actual Rent: 40800.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2

Tax Info

  • Tax Annual Amount: 4101.0
  • Tax Book Number: 160.38-1-2

Map

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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
05/04/2026 05/04/26 For Sale $285,000 -- $139 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $50,000 None Available
Deed $1,000,000 Paul Price
Deed $73,980 Frederick Xlander
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $170,000 New Conventional
Source: Public Records

Source: Greater Binghamton Association of REALTORS®

MLS Number: 335720

APN: 030200-160-038-0001-002-000-0000

New York Broome County Binghamton 13905 Far West Side

23 Cedar St Unit 5, Binghamton, NY

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Stephanie Jacobson
Listing Agent
Stephanie Jacobson
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Yaman Commercial Industrial
(607) 424-6520
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