NOT LISTED FOR SALE

41 Fayette St Binghamton, NY 13901

Downtown Binghamton Neighborhood
11 Beds
-- Bath
3,128 Sq Ft
1930 Built

Last Sold December 03, 2021

Last sale price $100,000 $32 Per Sq Ft

37 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating System
  • High Speed Internet
  • Storm Windows
  • Baseboard Heating
  • Level Lot

About This Home

As of December 2021

Solid brick building available at a true 14% cap rate! Close to downtown, possibility for student conversion. Three units occupied with tenants current on rent; one vacant. Near to public transit, restaurants and shopping. Priced to sell quickly! Notice required for showings.

Last Agent to Sell the Property

Steph Jacobson

Yaman Commercial Industrial License #10401301213 Listed on: 08/28/2021

Last Buyer's Agent

Aleya Majid

EXIT REALTY HOMEWARD BOUND License #40MA1116345

EXIT REALTY HOMEWARD BOUND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,856

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 40 x 51
  • Level Lot

Home Design

  • 3,128 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 11 Bedrooms

Schools

  • Macarthur Elementary School

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-160-034-0001-018-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Maintenance Expense $1,920
  • Water Sewer Expense $2,000
  • Net Operating Income $15,144

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,856

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 40 x 51
  • Professional Management Expense: 2760.0
  • Directions: Fayette St
  • Above Grade Finished Sq Ft: 3128.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1930
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Total Bedrooms: 11
  • Flooring: Hardwood, Tile
  • Living Area: 3128.0
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick
  • Exterior Features: Storm Windows/Doors
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: None

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 2000.0

Schools

  • Elementary School: MacArthur
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-160-034-0001-018-000-0000
  • Zoning Description: Multi
  • Zoning: Multi

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27600.0
  • Maintenance Expense: 1920.0
  • Property Net Operating Income: 15144.0
  • Annual Operating Expense: 12456.0
  • Total Actual Rent: 27600.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 3856.0
  • Tax Book Number: 160.34-1-18

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
02/10/2025 02/10/25 Off Market $1,300 -- --
01/24/2025 01/24/25 For Rent -- -- --
10/08/2024 10/08/24 Off Market $1,300 -- --
06/01/2024 06/01/24 For Rent $1,300 0.0% --
12/03/2021 12/03/21 Sold $100,000 -9.1% $32 / Sq Ft
10/05/2021 10/05/21 Pending -- -- --
08/28/2021 08/28/21 For Sale $110,000 -- $35 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steph Jacobson

    Seller's Agent in 2021

    Steph Jacobson

    Yaman Commercial Industrial

    (607) 857-3864

    3 in this area

    80 Total Sales

    Steph Jacobson
    Section Image
  • Aleya Majid

    Buyer's Agent in 2021

    Aleya Majid

    EXIT REALTY HOMEWARD BOUND

    (315) 717-9533

    2 in this area

    163 Total Sales

    Aleya Majid
    Section Image
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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 314032

New York Broome County Binghamton 13901 Downtown Binghamton

41 Fayette St, Binghamton, NY

This home is located at 41 Fayette St, Binghamton, NY 13901 since 28 August 2021. This property was built in 1930. 41 Fayette St is a home located in Broome County with nearby schools including Binghamton High School, MacArthur Elementary School, and East Middle School.

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