$349,900

88 Allen St Johnson City, NY 13790

Estimated payment $2,378/month

Total Views 2,484
5 Beds
4 Baths
3,660 Sq Ft
$96 Price per Sq Ft

Highlights

  • Wood Flooring
  • 4 Car Detached Garage
  • Level Lot
  • Covered Patio or Porch
  • Forced Air Heating System

About This Home

This luxury five-family apartment complex offers a turnkey investment with three fully rented units at strong market rates, a fourth ready to be rented and a fifth unit already halfway through its approved renovation. The property features beautifully remodeled interiors with hardwood floors, new kitchens, and tiled baths, plus a four-car garage and an oversized driveway that provide exceptional convenience for tenants. Additional income is supported by a tenant-paid credit card laundry system. Located just a two-minute drive or nine-minute walk to UHS Wilson Medical Center and five minutes from the Binghamton University School of Pharmacy, this building combines premium finishes with an unbeatable location, making it an outstanding opportunity for any investor!

Listing Agent

Coty Lunn

INNOVATIVE COMMERCIAL ADVISORS License #10401324866 Listed on: 12/04/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,450

Year Built

  • Built in 1970

Parking

  • 4 Car Detached Garage

Home Design

  • 3,660 Sq Ft Home
  • Shake Siding

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Johnson City Elementary School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Level Lot
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 034603-143-064-0001-013-000-0000

Community Details

Overview

  • 5 Units
  • Boyce & Willey Sub Subdivision

Building Details

  • 5 Separate Electric Meters
  • 1 Separate Gas Meter
  • Insurance Expense $1,830
  • Maintenance Expense $2,736
  • Water Sewer Expense $3,091
  • Gross Income $70,736
  • Net Operating Income $46,489

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,450

Year Built

Built in 1970

Lot Details

0

Parking

4

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 47 ft x 125 ft
  • Professional Management Expense: 4469.0
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Ownership: OWNER
  • Subdivision Name: Boyce & Willey Sub
  • Directions: Main Street to Allen Street, house on right.
  • Above Grade Finished Sq Ft: 3060.0
  • Architectural Style: Multi-Family
  • Garage Yn: Yes
  • Year Built: 1970
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Gas Water Heater, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Below Grade Sq Ft: 600.0
  • Flooring: Hardwood, Tile
  • Living Area: 3660.0

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.0
  • Parking Features: Detached, Garage, One Car Garage, Three Car Garage, Other, Parking Space(s), See Remarks

Utilities

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

Fee Information

  • Annual Water Sewer Expense: 3091.0

Schools

  • Elementary School: Johnson City Elementary
  • Junior High Dist: Johnson City

Lot Info

  • Parcel #: 034603-143-064-0001-013-000-0000
  • Zoning Description: Urban Multi-Family 411
  • Zoning: Urban Multi-Family 411

Multi Family

  • Number Of Units Total: 5
  • Annual Gross Income: 70736.0
  • Insurance Expense: 1830.0
  • Maintenance Expense: 2736.0
  • Property Net Operating Income: 46489.0
  • Annual Operating Expense: 24247.0
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 6450.0
  • Tax Book Number: 143.64-1-13

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 List to Sale Price per Sq Ft
12/04/2025 12/04/25 For Sale $349,900 -- $96 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Source: Greater Binghamton Association of REALTORS®

MLS Number: 333958

New York Broome County Johnson City 13790

88 Allen St, Johnson City, NY

For Sale

MultiFamily

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Listing Agent
Coty Lunn
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INNOVATIVE COMMERCIAL ADVISORS
(607) 678-3285