NOT LISTED FOR SALE
21 Beds
-- Bath
9,768 Sq Ft
5,663 Sq Ft Lot

Last Sold August 27, 2019

Last sale price $240,000 $25 Per Sq Ft

10 Days on Market

Highlights

  • Wood Flooring
  • Storm Windows
  • Ceiling Fan
  • Covered Patio or Porch
  • Forced Air Heating System
  • Satellite Dish

About This Home

As of August 2019

21 Bedrooms 6 unit multi family located in a very desirable student rental area. 150 feet from Corner of Oak and Leroy to SUNY Bus Line and walking distance to all of Downtown Binghamton's amenities. 3 4 bedrooms 3 3 bedrooms featuring hardwood floors and spacious rooms. Tenants pay for Cooking Gas and Electric. Owner pays Heat and Hot Water Great Return On Investment 15% Cap Rate. Must See

Last Agent to Sell the Property

Beverly Hoch

HOWARD HANNA License #40HO1090699 Listed on: 03/27/2019

HOWARD HANNA

Last Buyer's Agent

John Farrell

EXIT REALTY HOMEWARD BOUND License #30FA0760806

EXIT REALTY HOMEWARD BOUND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,912

Year Built

  • Built in 1920

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 54x104
  • Level Lot

Parking

  • Shared Driveway

Home Design

  • Block Foundation
  • Wood Siding
  • Stucco

Interior Spaces

  • 21 Bedrooms
  • 9,768 Sq Ft Home
  • Ceiling Fan
  • Range
  • Basement

Flooring

  • Wood
  • Tile

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Covered Patio or Porch

Schools

  • Horace Mann Elementary School

Utilities

  • Forced Air Heating System
  • Gas Water Heater
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 030200-160-047-0004-052-000-0000

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $4,800
  • Gross Income $66,600
  • Net Operating Income $42,464

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,912

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 54x104
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Ownership: OWNER
  • Directions: Leroy St near Oak Street intersection
  • Above Grade Finished Sq Ft: 9768.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1920
  • Property Sub Type Additional: Apartment
  • Special Features: None

Interior Features

  • Appliances: Gas Water Heater, Range, Refrigerator
  • Other Equipment: Satellite Dish
  • Total Bedrooms: 21
  • Door Features: Storm Door(s)
  • Flooring: Hardwood, Tile
  • Living Area: 9768.0
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Level
  • Construction Type: Stucco, Wood Siding
  • Exterior Features: Porch, Storm Windows/Doors
  • Foundation Details: Basement, Block
  • Patio And Porch Features: Covered, Open, Porch

Garage/Parking

  • Parking Features: Parking Space(s), Shared Driveway

Utilities

  • Cooling: Ceiling Fan(s)
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 4800.0

Schools

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

Lot Info

  • Lot Size Sq Ft: 5662.8
  • Parcel #: 030200-160-047-0004-052-000-0000
  • Zoning Description: R5
  • Zoning: R5
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 420.0
  • Annual Gross Income: 66600.0
  • Insurance Expense: 1200.0
  • Property Net Operating Income: 42464.0
  • Annual Operating Expense: 24136.0
  • Total Actual Rent: 66600.0
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 11912.0
  • Tax Book Number: 160.47-4-52

Range of Values:

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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 Change Sq Ft Price
08/27/2019 08/27/19 Sold $240,000 0.0% $25 / Sq Ft
04/06/2019 04/06/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $240,000 -- $25 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 219246