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$685,000   Price Analysis
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296 Main St
Binghamton, NY 13905
21 bed 9 bath 13,548 SqFt ($50/SqFt)
0.4 acre lot. Built 1930
Listed 2024-02-08, Taxes $11,536
Ⓧ USDA Ineligible
due to location

near Binghamton

Located on Main Street in Binghamton

NY, this property is ideally situated close to various amenities, making it a convenent choice for residents. The front building boasts seven units, with six of them being roomy 3-bedroom apartments. Each of these apartments features a dining room and a well-appointed bathroom. Additionally, the front building includes a basement apartment with 1 bedroom and 1 bathroom. The electric utilities for all units are separated, providing tenants with individual control over their usage.

The landlord covers the cost of heat, offering added convenie nce to residents Adjacent to the front building is a separate 2-family house situated on the same tax map. This rear building comprises two 1-bedroom/1-bathroom units. All utilities in this building are separately metered and the landlord takes care of water expenses. This property offers a promising investment opportunity in a central and convenient location. All rents are at or below market pricing.


Presented by Heriberto E Pezzino at
YAMAN REAL ESTATE.


Property MLS #324461 from GreaterBinghamton

Bedrooms: 21

Full Bathrooms: 9

Heating Features: FORCED HOT AIR, RADIANT
Heating Fuel: GAS
Water Heaters: GAS

Flooring: CARPET/VINYL/HARDWOOD

INSULATED WINDOWS

Lot Description: GENERALLY LEVEL
Lot Size Acres: 0.3966942
Lot Size Dimensions: 80 x 216
Lot Size Square Feet: 17280

Elementary School: Thomas Jefferson
School District: Binghamton

Thomas Jefferson School is a public elementary school located approximately 0.3 miles away.
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West Middle School is a public middle school located approximately 0.7 miles away.
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Binghamton High School is a public high school located approximately 1.3 miles away.
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The Crescent Academy is a private elementary school located approximately 0.5 miles away.
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Number of Units: 9

Annual Tax Amount: 11537.00
Source Listing Status: Active
County: Broome
Directions: To reach the property from Front Street, follow these directions: Start on Front Street. Turn onto Main Street. Continue on Main Street until you reach the vicinity of Burger King. The property is located just west of Burger King, adjacent to the popular fast-food chain. These directions guide you along Main Street from Front Street until you reach the property, which is conveniently situated in close proximity to Burger King on the west side.
Source Property Type: MultiFamily
Insurance Expense: 2747.00
Number of Separate Electric Meters: 9
Number of Separate Gas Meters: 9
Parcel Number: 030200-143-076-0001-053-000-0000
Zoning: c-1
Property Subtype: Apartment
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$41,900 + $78,100
$120,000
$11,536
2022$41,900 + $78,100
$120,000
$11,337
2021$41,900 + $78,100
$120,000
$11,281
2020$41,900 + $78,100
$120,000
$11,247
2017$41,900 + $78,100
$120,000
$10,985
2016$41,900 + $78,100
$120,000
$11,049
2015$41,900 + $78,100
$120,000
$11,016
2014$41,900 + $78,100
$120,000
$10,719
2014$41,900 + $78,100
$120,000
$10,975
2013$41,900 + $78,100
$120,000
$10,543
2012$41,900 + $78,100
$120,000
$10,327
2011$41,900 + $78,100
$120,000
$10,261
2010$41,900 + $78,100
$120,000
$9,765
2009$41,900 + $78,100
$120,000
$9,397

Listed 2024-02-08
$685,000
GreaterBinghamton
Sold 2020-09-24
$200,000
Public Record
Listing removed 2020-09-18
$0
GreaterBinghamton
Listed 2020-02-06
$212,900
GreaterBinghamton

Total Square Feet Living: 13548
Year Built: 1930
Above Grade Finished Area: 1656
Construction Materials: Brick, Stucco, Vinyl
Foundation Details: CONCRETE, POURED CONCRETE, STONE
Property Age: 94
House Style: More than 4 Famiy

Electric Expense: 1100.00
Sewer: PUBLIC
Water Source: PUBLIC
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.