$575,000
SOLD OCT 10, 2025
8 Beds
8 Baths
5,920 Sq Ft
11,761 Sq Ft Lot

Recently Sold

$97 Per Sq Ft

4% Below List Price

0 Day on Market

Highlights

  • Wood Flooring
  • Tandem Parking
  • Forced Air Heating System
  • Covered Patio or Porch
  • Views
  • 4 Car Garage

About This Home

As of October 2025

Offered for sale are two side-by-side, 4-unit buildings located in the desirable Southside neighborhood of Binghamton. Situated near Binghamton General Hospital and just a mile from Downtown, these properties provide a central location with excellent connectivity to Vestal Avenue, NYS Route 434, and the Brandywine Highway interchange. Tenants enjoy easy access to nearby dining, shopping, and entertainment, making these properties highly appealing in a market with strong rental demand. Fully leased and meticulously maintained, this quadruplex duo offers a turnkey investment opportunity in a thriving rental area.

Last Agent to Sell the Property

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 09/23/2025

Last Buyer's Agent

Gena Tanzini

EXIT REALTY HOMEWARD BOUND License #10401353400

EXIT REALTY HOMEWARD BOUND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,302

Year Built

  • Built in 1960

Parking

  • 4 Car Garage
  • Tandem Parking
  • Driveway

Home Design

  • 5,920 Sq Ft Home
  • Wood Siding

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Full Bathrooms

Schools

  • Macarthur Elementary School

Utilities

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

Additional Features

  • Covered Patio or Porch
  • Level Lot
  • Property Views
  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-176-025-0005-015-000-0000

Community Details

Overview

  • 8 Units

Building Details

  • 9 Separate Electric Meters
  • 1 Separate Gas Meter
  • Insurance Expense $4,650
  • Water Sewer Expense $5,000
  • Net Operating Income $58,886

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,302

Year Built

Built in 1960

Lot Details

0.27 Acres

Parking

4

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 60 ft x 100 ft
  • Ownership: OWNER
  • Directions: Vestal Ave to Mitchell
  • Above Grade Finished Sq Ft: 5920.0
  • Architectural Style: Multi-Family
  • Garage Yn: Yes
  • Year Built: 1960
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 8
  • Total Bedrooms: 8
  • Flooring: Carpet, Hardwood, Tile
  • Living Area: 5920.0

Exterior Features

  • Lot Features: Level, Sloped Up, Views
  • View: Yes
  • Construction Type: Wood Siding
  • Exterior Features: Porch, Patio
  • Foundation Details: Basement
  • Patio And Porch Features: Covered, Patio, Porch

Garage/Parking

  • Garage Spaces: 4.0
  • Parking Features: Driveway, Tandem

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: 5000.0

Schools

  • Elementary School: MacArthur
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-176-025-0005-015-000-0000
  • Zoning Description: Residential Multi Unit
  • Zoning: Residential Multi Unit

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 1000.0
  • Insurance Expense: 4650.0
  • Property Net Operating Income: 58886.0
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 17302.0
  • Tax Book Number: 176.25-5-15
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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
10/10/2025 10/10/25 Sold $575,000 -4.0% $97 / Sq Ft
09/23/2025 09/23/25 For Sale $599,000 +81.5% $101 / Sq Ft
04/27/2023 04/27/23 Sold $330,000 -5.7% $56 / Sq Ft View Prior Sale
02/13/2023 02/13/23 Pending -- -- --
02/13/2023 02/13/23 Price Changed $350,000 -12.3% $59 / Sq Ft
08/16/2022 08/16/22 For Sale $399,000 -- $67 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

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
2025 $8,082 $82,000 $10,900 $71,100
2024 $8,082 $82,000 $10,900 $71,100
2023 $7,934 $82,000 $10,900 $71,100
2022 $7,748 $82,000 $10,900 $71,100
2021 $7,661 $82,000 $10,900 $71,100
2020 $7,686 $82,000 $10,900 $71,100
2019 $5,270 $82,000 $10,900 $71,100
2018 $8,639 $82,000 $10,900 $71,100
2017 $7,657 $82,000 $10,900 $71,100
2016 $7,550 $82,000 $10,900 $71,100
2015 $6,673 $82,000 $10,900 $71,100
2014 $6,673 $82,000 $10,900 $71,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 333091

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