NOT LISTED FOR SALE
4 Beds
4 Baths
3,031 Sq Ft
5,227 Sq Ft Lot

Last Sold December 02, 2021

Last sale price $66,500 $22 Per Sq Ft

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • Level Lot
  • Covered Patio or Porch
  • Heating System Uses Steam
  • 2-minute walk to Cheri A Lindsey Memorial Park

About This Home

As of December 2021

This east side four-unit would be a great addition to any investor portfolio. All units are rented and tenants are current with the rent. Building is very well maintained. Two-car garage could provide additional income. Very strong cap rate. Motivated seller.

Last Agent to Sell the Property

Tod Westlake

KELLER WILLIAMS REALTY GREATER BINGHAMTON License #10401247407 Listed on: 09/23/2021

KELLER WILLIAMS REALTY GREATER BINGHAMTON

Last Buyer's Agent

Sherilyn Oralls

WOODLAND CREEK REAL ESTATE License #40OR1133885

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 50 x 106
  • Level Lot

Parking

  • 2 Car Detached Garage

Home Design

  • 3,031 Sq Ft Home
  • Quadruplex
  • Vinyl Siding

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Thomas Jefferson Elementary School

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-144-058-0002-007-000-0000

Community Details

Overview

  • 4 Units
  • Bradley Place Subdivision

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Water Sewer Expense $1,500
  • Net Operating Income $13,622

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 50 x 106
  • Subdivision Name: Bradley Place
  • Directions: From Court St, follow State St north until it becomes Chenango St. House is on the left on the corner of Truesdell. Please note that the highway overpass on Chenango just north of the listing is closed for repairs, so best to approach from the south.
  • Above Grade Finished Sq Ft: 3031.0
  • Architectural Style: Multi-Family
  • Garage Yn: Yes
  • Year Built: 1965
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Hardwood, Vinyl
  • Living Area: 3031.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Vinyl Siding
  • Exterior Features: Porch
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Porch

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Detached, Garage, Two Car Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator(s), Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 1500.0

Schools

  • Elementary School: Thomas Jefferson
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-144-058-0002-007-000-0000
  • Zoning Description: COM1
  • Zoning: COM1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 4
  • Annual Gross Income: 27420.0
  • Insurance Expense: 800.0
  • Property Net Operating Income: 13622.0
  • Annual Operating Expense: 11056.0
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1

Tax Info

  • Tax Annual Amount: 6756.0
  • Tax Book Number: 144.58-2-7
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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
12/02/2021 12/02/21 Sold $66,500 -26.0% $22 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/23/2021 09/23/21 For Sale $89,900 +282.6% $30 / Sq Ft
11/07/2014 11/07/14 Sold $23,500 -47.8% $8 / Sq Ft View Prior Sale
09/19/2014 09/19/14 Pending -- -- --
05/06/2014 05/06/14 For Sale $45,000 -- $15 / 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 $7,096 $72,000 $28,100 $43,900
2023 $6,967 $72,000 $28,100 $43,900
2022 $6,803 $72,000 $28,100 $43,900
2021 $6,727 $72,000 $28,100 $43,900
2020 $6,748 $72,000 $28,100 $43,900
2019 $3,598 $72,000 $28,100 $43,900
2018 $6,557 $72,000 $28,100 $43,900
2017 $6,591 $72,000 $28,100 $43,900
2016 $6,630 $72,000 $28,100 $43,900
2015 $5,445 $72,000 $28,100 $43,900
2014 $5,445 $72,000 $28,100 $43,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 314350