$245,000
SOLD APR 24, 2025

97 Broad Ave Binghamton, NY 13904

Eastside Binghamton Neighborhood
8 Beds
3 Baths
2,552 Sq Ft
6,098 Sq Ft Lot

Recently Sold

$96 Per Sq Ft

2% Above List Price

4 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Detached Garage
  • High Speed Internet
  • Covered Patio or Porch
  • Forced Air Heating System
  • Level Lot

About This Home

As of April 2025

Attention investors! This fully occupied cash-flowing property generates an impressive $38,880 in annual rent roll, making it a prime addition to any portfolio. Located in a high-demand rental area of Binghamton, this property offers strong, consistent rental income and tenured tennants.

Last Agent to Sell the Property

Christopher Lake

EXIT REALTY HOMEWARD BOUND License #10401314389 Listed on: 02/01/2025

EXIT REALTY HOMEWARD BOUND

Last Buyer's Agent

Briana Cardin-Rogers

HOWARD HANNA License #10401261842

HOWARD HANNA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,857

Year Built

  • Built in 1940

Lot Details

  • Lot Dimensions are 50 x 120
  • Level Lot

Parking

  • 2 Car Detached Garage
  • Driveway

Home Design

  • 2,552 Sq Ft Home
  • Triplex
  • Shake Siding
  • Concrete Perimeter Foundation

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch

Schools

  • Calvin Coolidge Elementary School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-145-061-0001-014-000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 4 Separate Gas Meters
  • Insurance Expense $1,543

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,857

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Triplex
  • Prop. Type: Residential Income
  • Lot Size: 50 x 120
  • Ownership: OWNER
  • Directions: NY-17 E. Take I-86 E to Bevier St in Binghamton. Take the Bevier St exit from NY-7 N 9 min (8.4 mi) Drive to Broad Ave 2 min (0.7 mi)
  • Above Grade Finished Sq Ft: 2552.0
  • Architectural Style: Multi-Family
  • Garage Yn: Yes
  • Year Built: 1940
  • Property Sub Type Additional: Triplex
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Flooring: Hardwood, Tile, Vinyl
  • Living Area: 2552.0

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.0
  • Parking Features: Driveway, Detached, Electricity, Garage, Two Car Garage

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Forced Air
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, High Speed Internet Available
  • Water Source: Public

Schools

  • Elementary School: Calvin Coolidge
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-145-061-0001-014-000-0000
  • Zoning Description: 3 Family Res
  • Zoning: 3 Family Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Electric Expense: 312.0
  • Insurance Expense: 1543.0
  • Total Actual Rent: 38880.0
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 4

Tax Info

  • Tax Annual Amount: 4857.0
  • Tax Book Number: 145.61-1-14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2025
Closed on
Apr 10, 2025
Sold by
Talovic Almir and Talovic Mirsada
Bought by
Arif Mahbubul
Seller's Agent
Christopher Lake
EXIT REALTY HOMEWARD BOUND
Buyer's Agent
Briana Cardin-Rogers
HOWARD HANNA
List Price
$240,000
Sold Price
$245,000
Premium/Discount to List
$5,000
2.08%
Views
14
Current Estimated Value
$244,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$234
Avg. Annual Appreciation
4.18%

Purchase Details

Closed on
Dec 11, 2003
Sold by
Race Edward
Bought by
Talovic Almir
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $245,000 None Listed On Document
Deed $52,000 Thomas Rizzuto
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2025 04/24/25 Sold $245,000 +2.1% $96 / Sq Ft
02/01/2025 02/01/25 For Sale $240,000 -- $94 / 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 $7,392 $75,000 $7,500 $67,500
2023 $7,257 $75,000 $7,500 $67,500
2022 $7,086 $75,000 $7,500 $67,500
2021 $7,007 $75,000 $7,500 $67,500
2020 $4,633 $75,000 $7,500 $67,500
2019 $2,365 $75,000 $7,500 $67,500
2018 $4,518 $75,000 $7,500 $67,500
2017 $4,541 $75,000 $7,500 $67,500
2016 $4,559 $75,000 $7,500 $67,500
2015 $4,051 $75,000 $7,500 $67,500
2014 $4,051 $75,000 $7,500 $67,500
Source: Public Records

Agents Affiliated with this Home

  • Christopher Lake

    Seller's Agent in 2025

    Christopher Lake

    EXIT REALTY HOMEWARD BOUND

    (607) 237-5780

    5 in this area

    203 Total Sales

    Christopher Lake
    Section Image

  • B

    Buyer's Agent in 2025

    Briana Cardin-Rogers

    HOWARD HANNA

    (607) 427-1604

    5 in this area

    170 Total Sales

    Briana Cardin-Rogers
    Section Image
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Map

Source: Greater Binghamton Association of REALTORS®

MLS Number: 329815

APN: 030200-145-061-0001-014-000-0000

New York Broome County Binghamton 13904 Eastside Binghamton

97 Broad Ave, Binghamton, NY

Sold

MultiFamily

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