$750,000

Binghamton, NY 13905

Far West Side Neighborhood

Estimated payment $4,951/month

Total Views 3,408
16 Beds
8 Baths
6,408 Sq Ft
$117 Price per Sq Ft

Highlights

  • Baseboard Heating
  • Vinyl Flooring
  • 2-minute walk to Binghamton Recreation Park
  • Level Lot

About This Home

Do not miss this real money maker 7% cap, add this great addition to your portfolio -for student rental or for families! Well maintained eight units multifamily in West side of Binghamton; Walk to Price Chopper Supermarket, CVS, Citizen Bank, Donkin Donuts; walk to bus lines to BU campus; all new replacement windows; new flooring; new kitchen and new paint in 6 units; add new electric heating in unit 28- #3; add new electric lock in all units; 4 new water tanks, 2 new sets of washer and dryer in basement; new paint on exterior hall.

Listing Agent

Min (Susan) Zhou

EXIT REALTY HOMEWARD BOUND License #10301217819 Listed on: 05/17/2025

EXIT REALTY HOMEWARD BOUND

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,461

Year Built

  • Built in 1915

Lot Details

  • Lot Dimensions are 80x150
  • Level Lot

Interior Spaces

  • 6,408 Sq Ft Home
  • Vinyl Flooring
  • Basement

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Full Bathrooms

Schools

  • Horace Mann Elementary School

Utilities

  • No Cooling
  • Baseboard Heating
  • Gas Water Heater
  • Cable TV Available

Community Details

Overview

  • 8 Units

Building Details

  • 9 Separate Electric Meters
  • 8 Separate Gas Meters
  • Insurance Expense $2,760
  • Maintenance Expense $4,800
  • Water Sewer Expense $3,600
  • Gross Income $84,000
  • Net Operating Income $60,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,461

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 80x150
  • Ownership: OWNER
  • Directions: Mazin st to Schiller st, turn Left on Haendel St, the building is on your left
  • Above Grade Finished Sq Ft: 6408.0
  • Garage Yn: No
  • Structure Type: Apartment
  • Year Built: 1915
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 8
  • Total Bedrooms: 16
  • Flooring: Vinyl
  • Living Area: 6408.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Other
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: None

Utilities

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

Fee Information

  • Annual Fuel Expense: 6000.0
  • Annual Water Sewer Expense: 3600.0

Schools

  • Elementary School: Horace Mann
  • Junior High Dist: Binghamton

Lot Info

  • Zoning Description: Res
  • Zoning: Res

Multi Family

  • Number Of Units Total: 8
  • Electric Expense: 6000.0
  • Annual Gross Income: 84000.0
  • Insurance Expense: 2760.0
  • Maintenance Expense: 4800.0
  • Property Net Operating Income: 60000.0
  • Annual Operating Expense: 24000.0
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 8

Tax Info

  • Tax Annual Amount: 9461.0
  • Tax Book Number: 160.29-1-10

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
06/26/2025 06/26/25 For Sale $750,000 0.0% $117 / Sq Ft
05/24/2025 05/24/25 Off Market $750,000 -- --
05/17/2025 05/17/25 For Sale $750,000 -- $117 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

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Source: Greater Binghamton Association of REALTORS®

MLS Number: 331194

New York Broome County Binghamton 13905

Far West Side

This home and is currently priced at $750,000, approximately $117 per square foot. This property was built in 1915. This home is a home located in Broome County with nearby schools including Binghamton High School, Thomas Jefferson Elementary School, and West Middle School.

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Nearby Homes
Min (Susan) Zhou
Listing Agent
Min (Susan) Zhou
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EXIT REALTY HOMEWARD BOUND
(607) 349-9038