NOT LISTED FOR SALE
5 Beds
4 Baths
2,882 Sq Ft
1965 Built

Last Sold March 20, 2024

Last sale price $190,400 $66 Per Sq Ft

91 Days on Market

About This Home

As of March 2024

For sale is this stabilized 4-family building offered at a great value.Tenants Pay Electric, Owner pays Heat. Spacious updated apartments! New Roof, updated plumbing, updated electrical! Large Corner Lot with off street parking. Whether you are a beginner or a seasoned investor, this Stabilized Asset is right for you!

Last Agent to Sell the Property

Matthew Karlgut

Elegant Estates NY Inc License #10401379158 Listed on: 09/21/2023

Last Buyer's Agent

Matthew Karlgut

Elegant Estates NY Inc License #10401379158 Listed on: 09/21/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,700

Year Built

  • Built in 1965

Lot Details

  • Lot Dimensions are 57x138
  • Level Lot

Parking

  • Driveway

Home Design

  • Quadruplex
  • Aluminum Siding

Interior Spaces

  • 5 Bedrooms
  • 2,882 Sq Ft Home
  • Laminate Flooring
  • Basement

Schools

  • Theodore Roosevelt Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 030200-144-043-0002-001-000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • Insurance Expense $1,200
  • Maintenance Expense $1,220
  • Water Sewer Expense $1,800
  • Gross Income $29,280

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,700

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Sub Type: Quadruplex
  • Prop. Type: Residential Income
  • Lot Size: 57x138
  • Professional Management Expense: 2342.0
  • Ownership: OWNER
  • Directions: Bevier St. Bridge to Chenango St.
  • Above Grade Finished Sq Ft: 2882.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1965
  • Property Sub Type Additional: Quadruplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Total Bedrooms: 5
  • Flooring: Laminate
  • Living Area: 2882.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Aluminum Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Driveway

Utilities

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

Fee Information

  • Annual Fuel Expense: 3000.0
  • Annual Water Sewer Expense: 1800.0

Schools

  • Elementary School: Theodore Roosevelt
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-144-043-0002-001-000-0000
  • Zoning Description: Residential
  • Zoning: Residential

Multi Family

  • Number Of Units Total: 4
  • Electric Expense: 600.0
  • Annual Gross Income: 29280.0
  • Insurance Expense: 1200.0
  • Maintenance Expense: 1220.0
  • Annual Operating Expense: 10782.0
  • Total Actual Rent: 30500.0
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 5700.0
  • Tax Book Number: 144.43-2-1

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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Sold Price
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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
03/20/2024 03/20/24 Sold $190,400 +0.7% $66 / Sq Ft
12/22/2023 12/22/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $189,000 -- $66 / 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 $5,913 $60,000 $33,500 $26,500
2023 $5,805 $60,000 $33,500 $26,500
2022 $5,669 $60,000 $33,500 $26,500
2021 $5,605 $60,000 $33,500 $26,500
2020 $5,624 $60,000 $33,500 $26,500
2019 $2,999 $60,000 $33,500 $26,500
2018 $5,464 $60,000 $33,500 $26,500
2017 $5,493 $60,000 $33,500 $26,500
2016 $5,525 $60,000 $33,500 $26,500
2015 $4,883 $45,000 $33,500 $11,500
2014 $4,883 $45,000 $33,500 $11,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 322991