$450,000

5763 Telephone Rd Extenstion Cincinnatus, NY 13040

Estimated payment $2,989/month

Total Views 5,210
15 Beds
6 Baths
9,416 Sq Ft
$48 Price per Sq Ft

Highlights

  • Wood Flooring
  • Level Lot
  • Wood Siding
  • Baseboard Heating

About This Home

Attention Investors! Now is the perfect opportunity to invest and keep the income going! This property includes 6 fully rented apartments, all secured with lease agreements. With a low inventory of rental units in Cincinnatus, vacancies are rare, making these apartments a reliable source of income.

Listing Agent

Robert Farrell

EXIT REALTY HOMEWARD BOUND License #10491203474 Listed on: 04/29/2025

EXIT REALTY HOMEWARD BOUND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,778

Year Built

  • Built in 1900

Lot Details

  • Lot Dimensions are 84 x 106
  • Level Lot

Home Design

  • 9,416 Sq Ft Home
  • Wood Siding

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 15 Bedrooms
  • 6 Full Bathrooms

Schools

  • Cincinnatus Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Basement

Community Details

Overview

  • 6 Units

Building Details

  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • Insurance Expense $5,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,778

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 84 x 106
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Ownership: OWNER
  • Directions: Route 26N turns into Lower Cincinnatus Rd, straight through town then on corner of telephone rd and lower Cincinnatus.
  • Above Grade Finished Sq Ft: 9416.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1900
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 6
  • Total Bedrooms: 15
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 9416.0

Exterior Features

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

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Baseboard
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Cable Available
  • Water Source: Well

Fee Information

  • Annual Fuel Expense: 8900.0

Schools

  • Elementary School: Cincinnatus
  • Junior High Dist: Cincinnatus

Lot Info

  • Zoning Description: Hotel
  • Zoning: Hotel
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 6
  • Insurance Expense: 5400.0
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6

Tax Info

  • Tax Annual Amount: 5778.0
  • Tax Book Number: 112000-123-005-0001-015-

Map

Range of Values:

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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
04/29/2025 04/29/25 For Sale $450,000 -- $48 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Source: Greater Binghamton Association of REALTORS®

MLS Number: 330854