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$399,000   Price Analysis
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9 Goethe St Unit Duo
Binghamton, NY 13905
10 bed 5 bath 3,028 SqFt ($131/SqFt)
7,500SqFt lot. Built 1920
Listed 2024-06-12, Taxes $5,576
Ⓧ USDA Ineligible
due to location

near Binghamton

THIS SALE INCLUDES TWO PROPERTIES!

9 Goethe St and 36 Mill St, Binghamton. Both fully rnted and at an actual 12% cap rate. Many recent upgrades, open bedrooms, plenty of bathrooms, new roof at 9 Goethe.

Diversify the locations you invest in- one on South Side, one on the West Side. Call your favorite agent today!


Presented by Stephanie Jacobson at
COLDWELL BANKER COMMERCIAL CUS.


Property MLS #324915 from GreaterBinghamton

Bedrooms: 10

DRYER
OVEN
RANGE/STOVE
REFRIGERATOR
WASHER

Full Bathrooms: 4
1/2 Bathrooms: 1

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

Flooring: CARPETING, HARDWOOD, LAMINATE, VINYL

2ND PHONE LINE
CABLE
DIRECT INTERNET ACCESS
ENCLOSED PATIO
ENCLOSED PORCH
OPEN PORCH
SHRUBS/FLOWERS
SOME STORM DOORS
SOME STORM WINDOWS
SOME INSULATED WINDOWS

Lot Description: GENERALLY LEVEL
Lot Size Acres: 0.1721763
Lot Size Dimensions: 50 x 150
Lot Size Square Feet: 7500

Garage Spaces: 1
Parking Features: DOUBLE GARAGE/DETACHED

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 0.4 miles away.
directions icon Map directions

Binghamton High School is a public high school located approximately 0.8 miles away.
directions icon Map directions

Seton Catholic-Central High School is a private middle and high school located approximately 0.5 miles away.
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Gross Income: 73800.00

Number of Units: 2

Maintenance Expense: 3690.00

Annual Tax Amount: 8124.00
Source Listing Status: Active
County: Broome
Directions: 9 Goethe and 36 Mill.
Source Property Type: MultiFamily
Insurance Expense: 2400.00
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 2
Parcel Number: 030200-160-021-0004-038-000-0000
Professional Management Expense: 7380.00
Zoning: R2
Property Subtype: Apartment
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2023$38,300 + $19,700
$58,000
$5,576
2022$38,300 + $19,700
$58,000
$5,479
2021$38,300 + $19,700
$58,000
$5,452
2020$38,300 + $19,700
$58,000
$3,583
2017$38,300 + $19,700
$58,000
$3,736
2016$38,300 + $19,700
$58,000
$3,525
2015$38,300 + $19,700
$58,000
$3,509
2014$38,300 + $19,700
$58,000
$3,422
2014$38,300 + $19,700
$58,000
$3,491
2013$38,300 + $19,700
$58,000
$5,096
2012$38,300 + $19,700
$58,000
$4,331
2011$38,300 + $19,700
$58,000
$3,238
2010$38,300 + $19,700
$58,000
$1,985
2009$38,300 + $19,700
$58,000
$1,763

Listed 2024-06-12
$399,000
GreaterBinghamton
Sold 2022-01-31
$75,000
Public Record
Sold 2011-07-07
$52,500
Public Record
Listing removed 2011-05-28
$60,000
GreaterBinghamton
Price Changed 2011-02-08
$60,000
GreaterBinghamton
Price Changed 2010-11-05
$65,000
GreaterBinghamton
Listed 2010-09-27
$69,900
GreaterBinghamton

Net Operating Income: 49206.00
Operating Expense: 24594.00

Total Square Feet Living: 3028
Year Built: 1920
Above Grade Finished Area: 3028
Construction Materials: Shingles
Foundation Details: BASEMENT-FULL
Property Age: 104
House Style: Apartment

Electric Expense: 1000.00
Sewer: PUBLIC
Water Sewer Expense: 1000.00
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.