NOT LISTED FOR SALE
6 Beds
-- Baths
2,336 Sq Ft
3,485 Sq Ft Lot

Sale Details

Date Sold: March 19, 2025

Last sale price $175,000 $75 Per Sq Ft

65 Days on Market

Highlights

  • Wood Flooring
  • Ceiling Fan
  • Level Lot
  • Forced Air Heating System

About This Home

As of March 2025

Tremendous opportunity to own this West Side 5 unit building in an R3 Zone. On the corner of Mather and Thorp St 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. Utilities in this building are completely separated. 3 of the 5 units have been completely renovated in the past 2 years. This is an excellent opportunity to own a building with renovated units, separate utilities and in an area that is permissible for student housing.

Last Agent to Sell the Property

Scott Warren

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

Last Buyer's Agent

Scott Warren

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

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,573

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 50x70
  • Level Lot

Parking

  • Driveway

Home Design

  • Cedar Siding

Interior Spaces

  • 6 Bedrooms
  • 2,336 Sq Ft Home
  • Ceiling Fan
  • Basement

Flooring

  • Wood
  • Carpet
  • Tile

Schools

  • Horace Mann Elementary School

Utilities

  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 030200-160-031-0001-010-000-0000

Community Details

Overview

  • 5 Units
  • Mary T Hastings Subdivision

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Insurance Expense $2,204
  • Net Operating Income $25,297

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,573

Year Built

Built in 1960

Lot Details

3,485 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 50x70
  • Ownership: OWNER
  • Subdivision Name: Mary T Hastings
  • Directions: Main to Mather. On the corner of Mather and Thorp.
  • Above Grade Finished Sq Ft: 2336.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1960
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Total Bedrooms: 6
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 2336.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Cedar
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Schools

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

Lot Info

  • Parcel #: 030200-160-031-0001-010-000-0000
  • Zoning Description: Residential Multi Unit
  • Zoning: Residential Multi Unit

Multi Family

  • Number Of Units Total: 5
  • Insurance Expense: 2204.0
  • Property Net Operating Income: 25297.0
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5

Tax Info

  • Tax Annual Amount: 4573.0
  • Tax Book Number: 160.31-1-10

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
Sep 28, 2024
Closed on
Feb 19, 2025
Sold by
Adamit Achihud
Bought by
Seller's Agent
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
Buyer's Agent
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
List Price
$199,000
Sold Price
$175,000
Premium/Discount to List
-$24,000
-12.06%
Views
7

Purchase Details

Closed on
Nov 18, 2008
Sold by
Adamit Sarah
Bought by
Adamit Achihud

Purchase Details

Closed on
Sep 7, 2007
Sold by
Connett Peter
Bought by
Adamit Sarah Lynn

Purchase Details

Closed on
Dec 13, 2005
Sold by
D F Realty Llc
Bought by
Connett Peter
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$175,000 Chicago Title
Adamit Achihud -- Frederick Xlander
Adamit Sarah Lynn $81,000 Mark Hubal
Connett Peter $41,000 Daniel Reynolds
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 $18,804
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
03/19/2025 03/19/25 Sold $175,000 -12.1% $75 / Sq Ft
09/28/2024 09/28/24 For Sale $199,000 -- $85 / 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 -- $47,000 $6,200 $40,800
2024 $4,632 $47,000 $6,200 $40,800
2023 $4,548 $47,000 $6,200 $40,800
2022 $4,441 $47,000 $6,200 $40,800
2021 $4,391 $47,000 $6,200 $40,800
2020 $4,405 $47,000 $6,200 $40,800
2019 $2,349 $47,000 $6,200 $40,800
2018 $4,280 $47,000 $6,200 $40,800
2017 $4,303 $47,000 $6,200 $40,800
2016 $4,328 $47,000 $6,200 $40,800
2015 $3,825 $47,000 $6,200 $40,800
2014 $3,825 $47,000 $6,200 $40,800
Source: Public Records

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 327524

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