NOT LISTED FOR SALE

Estimated Value: $149,959 - $171,000

5 Beds
3 Baths
2,775 Sq Ft
$57/Sq Ft Est. Value

Last Sold May 13, 2022

Last sale price $132,000 $48 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,012/month

65 Days on Market

Highlights

  • Deck
  • Covered Patio or Porch
  • Forced Air Heating System
  • Wood Flooring
  • Landscaped
  • Level Lot

About This Home

As of May 2022

This 3-family investment property located at 45 Broad Ave in Binghamton is an excellent opportunity for investors looking for immediate cash flow. With three long-term tenants already in place, this property ensures steady rental income from day one. The location is highly desirable, situated right next to CVS and within walking distance to several popular local businesses, including Weis, Court Jester, and Cortese, providing convenience and accessibility for tenants. The property is well-maintained and offers a strong potential for future appreciation, thanks to its location in a vibrant and growing area of Binghamton. Whether you're looking to expand your investment portfolio or secure a stable, income-producing property, this 3-family is an excellent choice, offering reliable returns even with the current rents in place. FULL INSPECTION REPORT IS AVAILABLE FOR REVIEW!!

Last Agent to Sell the Property

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 12/03/2021

Last Buyer's Agent

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 12/03/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,704

Year Built

  • Built in 1920

Lot Details

  • Lot Dimensions are 50x87
  • Landscaped
  • Level Lot

Parking

  • Driveway

Home Design

  • 2,775 Sq Ft Home
  • Triplex
  • Aluminum Siding

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Calvin Coolidge Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-145-077-0002-004-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,704

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 50x87
  • Ownership: OWNER
  • Directions: Court to Broad next to CVS.
  • Above Grade Finished Sq Ft: 2775.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1920
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 2775.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Exterior Features: Deck, Landscaping, Patio
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Deck, Open, Patio

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Annual Fuel Expense: 2500.0

Schools

  • Elementary School: Calvin Coolidge
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-145-077-0002-004-000-0000
  • Zoning Description: Residential 230
  • Zoning: Residential 230

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 4500.0
  • Insurance Expense: 1000.0
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 4704.0
  • Tax Book Number: 145.77-2-4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 25, 2023
Sold by
Glenwood Hudson Companies Inc
Bought by
Baumgarten Hunter and Baumgarten Michael
Current Estimated Value
$156,990

Purchase Details

Listed on
Jun 22, 2021
Closed on
Oct 5, 2021
Sold by
Krisko Family Trust
Bought by
Glenwood Hudson Companies Inc
Seller's Agent
Amy O'Brien
KELLER WILLIAMS REALTY GREATER BINGHAMTON
Buyer's Agent
Scott Warren
INNOVATIVE COMMERCIAL ADVISORS
List Price
$85,000
Sold Price
$87,000
Premium/Discount to List
$2,000
2.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.62%

Purchase Details

Closed on
Nov 25, 2008
Sold by
Wc Properties Of Sidney Inc
Bought by
Krisko Family Trust /08 and Krisko (Trustee)

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.49%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Baumgarten Hunter $150,000 None Listed On Document
Glenwood Hudson Companies Inc $90,000 None Listed On Document
Krisko Family Trust /08 $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magna Realty Llc $105,600
Previous Owner Magna Realty Ny Llc $105,600
Previous Owner Krisko Trust $64,000
Previous Owner Krisko Family Trust /08 $48,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2025 07/31/25 For Sale $164,900 0.0% $59 / Sq Ft
03/29/2025 03/29/25 Pending -- -- --
03/05/2025 03/05/25 For Sale $164,900 +24.9% $59 / Sq Ft
05/13/2022 05/13/22 Sold $132,000 -5.0% $48 / Sq Ft
02/07/2022 02/07/22 Pending -- -- --
12/03/2021 12/03/21 For Sale $139,000 +59.8% $50 / Sq Ft
10/21/2021 10/21/21 Sold $87,000 +2.4% $31 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $85,000 -- $31 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

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 $7,394 $76,000 $27,500 $48,500
2023 $7,354 $76,000 $27,500 $48,500
2022 $7,181 $76,000 $27,500 $48,500
2021 $7,100 $76,000 $27,500 $48,500
2020 $4,695 $76,000 $27,500 $48,500
2019 $2,396 $76,000 $27,500 $48,500
2018 $4,578 $76,000 $27,500 $48,500
2017 $4,602 $76,000 $27,500 $48,500
2016 $4,620 $76,000 $27,500 $48,500
2015 $5,349 $76,000 $27,500 $48,500
2014 $5,349 $76,000 $27,500 $48,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 315320

APN: 030200-145-077-0002-004-000-0000