NOT LISTED FOR SALE
18 Beds
7 Baths
8,984 Sq Ft
1930 Built

Last Sold May 04, 2022

Last sale price $280,000 $31 Per Sq Ft

71 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Forced Air Heating System
  • Wood Flooring
  • Storm Windows
  • High Speed Internet

About This Home

As of May 2022

Solid student rental available south of Main! 7 units and 18 beds total. Tall ceilings, hardwood floors, large windows and historic elements. Private parking lot. Only a stone's throw from the BU bus. Three units are currently vacant and in need of repair, but this beautiful brick building will serve you well.

Last Agent to Sell the Property

Stephanie Jacobson

Yaman Commercial Industrial License #10401301213 Listed on: 10/21/2021

Last Buyer's Agent

Stephanie Jacobson

Yaman Commercial Industrial License #10401301213 Listed on: 10/21/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,300

Year Built

  • Built in 1930

Parking

  • Shared Driveway

Home Design

  • 8,984 Sq Ft Home
  • Brick Exterior Construction
  • Stone Foundation

Kitchen

  • Oven
  • Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 18 Bedrooms
  • 7 Full Bathrooms

Home Security

  • Storm Windows
  • Storm Doors

Outdoor Features

  • Deck
  • Covered Patio or Porch

Lot Details

  • Lot Dimensions are 50 x 205
  • Level Lot

Schools

  • Horace Mann Elementary School

Utilities

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

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-160-030-0004-010-000-0000

Community Details

Overview

  • 7 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • Insurance Expense $2,450
  • Maintenance Expense $2,912
  • Water Sewer Expense $1,350
  • Gross Income $41,610
  • Net Operating Income $14,167

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,300

Year Built

Built in 1930

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 50 x 205
  • Professional Management Expense: 4161.0
  • Inclusions: CARBON MONOXIDE DETECTOR,FURNISHINGS/CALL LO,LIGHTING FIXTURE,SHADES/BLINDS ONLY,SMOKE DETECTORS
  • Ownership: OWNER
  • Directions: Near corner of Cedar and Main, West side of street,
  • Above Grade Finished Sq Ft: 8984.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1930
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Gas Water Heater, Oven, Range, Refrigerator
  • Full Bathrooms: 7
  • Total Bedrooms: 18
  • Door Features: Storm Door(s)
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 8984.0
  • Window Features: Storm Window(s)

Exterior Features

  • Lot Features: Level
  • Construction Type: Brick
  • Exterior Features: Deck, Porch
  • Foundation Details: Basement, Stone
  • Patio And Porch Features: Covered, Deck, Porch

Garage/Parking

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

Utilities

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

Fee Information

  • Annual Fuel Expense: 1470.0
  • Annual Water Sewer Expense: 1350.0

Schools

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

Lot Info

  • Parcel #: 030200-160-030-0004-010-000-0000
  • Zoning Description: Multi
  • Zoning: Multi

Multi Family

  • Number Of Units Total: 7
  • Electric Expense: 1470.0
  • Annual Gross Income: 41610.0
  • Insurance Expense: 2450.0
  • Maintenance Expense: 2912.0
  • Property Net Operating Income: 14167.0
  • Annual Operating Expense: 29632.0
  • Total Actual Rent: 41610.0
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7

Tax Info

  • Tax Annual Amount: 13300.0
  • Tax Book Number: 160.30-4-10
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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 List to Sale Price per Sq Ft Prior Sale
05/04/2022 05/04/22 Sold $280,000 -11.1% $31 / Sq Ft
10/21/2021 10/21/21 For Sale $315,000 +26.0% $35 / Sq Ft
04/30/2019 04/30/19 Sold $250,000 0.0% $28 / Sq Ft View Prior Sale
02/21/2019 02/21/19 Pending -- -- --
11/29/2018 11/29/18 For Sale $250,000 -- $28 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax History

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
2024 $13,985 $141,900 $20,400 $121,500
2023 $13,730 $141,900 $20,400 $121,500
2022 $13,407 $141,900 $20,400 $121,500
2021 $13,257 $141,900 $20,400 $121,500
2020 $13,300 $141,900 $20,400 $121,500
2019 $7,996 $141,900 $20,400 $121,500
2018 $14,570 $160,000 $20,401 $139,599
2017 $14,647 $160,000 $20,401 $139,599
2016 $14,863 $160,000 $20,401 $139,599
2015 $13,020 $160,000 $20,401 $139,599
2014 $13,020 $160,000 $20,401 $139,599
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 314838

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