$484,000
$5K PRICE DROP

Estimated payment $2,914/month

Total Views 4,297
11 Beds
-- Bath
3,128 Sq Ft
$155 Price per Sq Ft

Highlights

  • Forced Air Heating System
  • High Speed Internet
  • Carpet
  • Baseboard Heating
  • Level Lot
  • 2-minute walk to Columbus Park

About This Home

Well-maintained, fully leased and recently updated, 41 1⁄2 Fayette Street features one 2-bedroom units and three 3-bedroom units with modern finishes. Located just steps from Court Street and the SUNY Broome bus line, this property offers strong rental demand, low operating costs, and easy access to downtown amenities, hospitals, and the university district. Ideal for investors seeking steady cash flow in a growing market.

Listing Agent

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 07/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,032

Year Built

  • Built in 1930

Lot Details

  • Lot Dimensions are 40x51
  • Level Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 11 Bedrooms
  • 3,128 Sq Ft Home
  • Insulated Windows
  • Basement

Flooring

  • Carpet
  • Vinyl

Schools

  • Macarthur Elementary School

Utilities

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

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,268

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,032

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 40x51
  • Ownership: OWNER
  • Directions: North of Court Street. Cross streets are Fayette and Pine.
  • 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: Carpet, Vinyl
  • Living Area: 3128.0
  • Window Features: Insulated Windows

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick
  • 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: Cable Available, High Speed Internet Available
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 4800.0

Schools

  • Elementary School: MacArthur
  • Junior High Dist: Binghamton

Lot Info

  • Zoning Description: Neighborhood Commercial
  • Zoning: Neighborhood Commercial

Multi Family

  • Number Of Units Total: 4
  • Insurance Expense: 2268.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 4032.0
  • Tax Book Number: 160.34-1-18

Map

Range of Values:

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Average Value
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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
09/02/2025 09/02/25 Price Changed $484,000 -1.0% $155 / Sq Ft
07/23/2025 07/23/25 For Sale $489,000 -- $156 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Source: Greater Binghamton Association of REALTORS®

MLS Number: 332166