NOT LISTED FOR SALE
5 Beds
-- Bath
3,093 Sq Ft
1960 Built

Sale Details

Date Sold: January 15, 2025

Last sale price $195,000 $63 Per Sq Ft

23 Days on Market

Highlights

  • Wood Flooring
  • Baseboard Heating
  • Level Lot
  • Ceiling Fan
  • 1 Car Garage

About This Home

As of January 2025

Tremendous opportunity to own this 4 unit building in a developing area on the West Side of Binghamton. This property is in an area that has seen significant development in the past 5 years. This is in R3 zoning which is permissible for Student Housing. The West side of Binghamton has always been a popular area for students with a strong rental demand. This property is walking distance to the bus line and Downtown Binghamton. This has a very walkable score of 73. The current rents in the building are below market. There are 3 Garage stalls available to rent. Coin op laundry hookup on site. All units except 1 rear unit have had recent renovations. Separate meters.

Last Agent to Sell the Property

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 09/28/2024

Last Buyer's Agent

John Maczko

MACZKO REALTY License #40MA0657731

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,553

Year Built

  • Built in 1960

Parking

  • 1 Car Garage
  • Driveway

Home Design

  • Aluminum Siding

Interior Spaces

  • 5 Bedrooms
  • 3,093 Sq Ft Home
  • Ceiling Fan
  • Basement

Flooring

  • Wood
  • Carpet
  • Tile

Lot Details

  • Lot Dimensions are 49x150
  • Level Lot

Schools

  • Horace Mann Elementary School

Utilities

  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 030200-160-031-0003-020-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $560
  • Net Operating Income $13,801

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,553

Year Built

Built in 1960

Parking

1

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 49x150
  • Ownership: OWNER
  • Directions: Main to Edwards to North.
  • Above Grade Finished Sq Ft: 3093.0
  • Garage Yn: Yes
  • Structure Type: Apartment
  • Year Built: 1960
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Total Bedrooms: 5
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 3093.0

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1.0
  • Parking Features: Driveway

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 1869.0

Schools

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

Lot Info

  • Parcel #: 030200-160-031-0003-020-000-0000
  • Zoning Description: Residential multi Unit
  • Zoning: Residential multi Unit

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 699.0
  • Insurance Expense: 560.0
  • Property Net Operating Income: 13801.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 6553.0
  • Tax Book Number: 160.31-3-20

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

Closed on
Aug 18, 2022
Sold by
Bought by

Purchase Details

Closed on
Sep 8, 2009
Sold by
Bought by

Purchase Details

Closed on
Jun 12, 2008
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,250
Interest Rate
6.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 2, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 8, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in West Side, NY

See All Agents

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
$862 --
-- None Available
-- Frederick Xlander
$99,000 Frederick Xlander
$100,000 Thomas Rizzuto
$85,000 Kevin Yeager
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
Open $146,250
Previous Owner $74,250
Previous Owner $50,000
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
01/15/2025 01/15/25 Sold $195,000 -2.5% $63 / Sq Ft
09/28/2024 09/28/24 For Sale $199,999 -- $65 / Sq Ft
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 -- $67,900 $7,400 $60,500
2024 $6,692 $67,900 $7,400 $60,500
2023 $6,570 $67,900 $7,400 $60,500
2022 $6,415 $67,900 $7,400 $60,500
2021 $6,343 $67,900 $7,400 $60,500
2020 $6,364 $67,900 $7,400 $60,500
2019 $3,393 $67,900 $7,400 $60,500
2018 $6,183 $67,900 $7,400 $60,500
2017 $6,216 $67,900 $7,400 $60,500
2016 $6,252 $67,900 $7,400 $60,500
2015 $5,525 $67,900 $7,400 $60,500
2014 $5,525 $67,900 $7,400 $60,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 327527

Your Personal Tour Guide

Ask me questions while you tour the home.