NOT LISTED FOR SALE

Estimated Value: $195,000 - $237,000

4 Beds
3 Baths
1,920 Sq Ft
$114/Sq Ft Est. Value

Sale Details

Date Sold: August 26, 2025

Last sale price $204,000 $106 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,415 / mo

7 Days on Market

Highlights

  • Deck
  • Open Patio
  • Level Lot
  • 2 Car Attached Garage
  • Baseboard Heating
  • Carpet

About This Home

As of August 2025

Excellent Investment Opportunity – 9.6% CAP Rate...

Well-maintained 2-family property at 62-64 Decatur St, Binghamton. Each unit features 2 bedrooms and 1 bath. Basement-level garage parking adds tenant appeal and convenience. Low-maintenance exterior and mechanicals. Tenants pay all utilities, keeping owner expenses minimal. Solid rental history and strong cash flow make this a great addition to any portfolio. CAP rate of 9.6% based on current rents. Don’t miss this turnkey income-producing property!

Last Agent to Sell the Property

Thomas Reid

EXIT REALTY HOMEWARD BOUND License #40RE1144629 Listed on: 07/08/2025

EXIT REALTY HOMEWARD BOUND

Last Buyer's Agent

Liam Mallon

WARREN REAL ESTATE (FRONT STREET) License #10401371376

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,862

Year Built

  • Built in 1983

Lot Details

  • Lot Dimensions are 84 x 123
  • Level Lot

Parking

  • 2 Car Attached Garage
  • Basement Garage

Home Design

  • 1,920 Sq Ft Home
  • Duplex
  • Aluminum Siding

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck
  • Open Patio

Schools

  • Benjamin Franklin Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-161-054-0001-011-000-0000

Community Details

Overview

  • 2 Units
  • Bingham Patent Subdivision

Building Details

  • 2 Separate Electric Meters
  • Insurance Expense $1,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,862

Year Built

Built in 1983

Lot Details

10,454 Sq Ft Lot

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Lot Size: 84 x 123
  • Ownership: OWNER
  • Subdivision Name: Bingham Patent
  • Directions: Burr to Iva to Decatur
  • Above Grade Finished Sq Ft: 1860.0
  • Architectural Style: Duplex
  • Garage Yn: Yes
  • Structure Type: Duplex
  • Year Built: 1983
  • Property Sub Type Additional: Duplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Carpet, Vinyl
  • Living Area: 1920.0

Exterior Features

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

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Basement, Two Car Garage

Utilities

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

Schools

  • Elementary School: Benjamin Franklin
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-161-054-0001-011-000-0000
  • Zoning Description: 220
  • Zoning: 220

Multi Family

  • Number Of Units Total: 2
  • Insurance Expense: 1200.0
  • Number Of Separate Electric Meters: 2

Tax Info

  • Tax Annual Amount: 4862.0
  • Tax Book Number: 161.54-1-11

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2025
Closed on
Aug 18, 2025
Sold by
Sorochinsky Jason E
Bought by
Seller's Agent
Thomas Reid
EXIT REALTY HOMEWARD BOUND
Buyer's Agent
Liam Mallon
WARREN REAL ESTATE (FRONT STREET)
List Price
$195,000
Sold Price
$204,000
Premium/Discount to List
$9,000
4.62%
Views
302
Current Estimated Value
$218,005

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,005
Avg. Annual Appreciation
6.87%

Purchase Details

Closed on
Dec 7, 2006
Sold by
Bisaillon Paul
Bought by
Surochinsky Jason
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$204,000 None Listed On Document
Surochinsky Jason $84,800 Peter Gorton
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $119,000
Previous Owner Sorochinsky Jason E $100,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/26/2025 08/26/25 Sold $204,000 +4.6% $106 / Sq Ft
07/08/2025 07/08/25 For Sale $195,000 -- $102 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 -- $74,000 $11,800 $62,200
2024 $7,293 $74,000 $11,800 $62,200
2023 $7,160 $74,000 $11,800 $62,200
2022 $6,992 $74,000 $11,800 $62,200
2021 $6,913 $74,000 $11,800 $62,200
2020 $4,572 $74,000 $11,800 $62,200
2019 $2,333 $74,000 $11,800 $62,200
2018 $4,458 $74,000 $11,800 $62,200
2017 $4,480 $74,000 $11,800 $62,200
2016 $4,498 $74,000 $11,800 $62,200
2015 $3,424 $74,000 $11,800 $62,200
2014 $3,424 $74,000 $11,800 $62,200
Source: Public Records

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 331926

APN: 030200-161-054-0001-011-000-0000

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