6 units - fully rented; Zoned Multi Unit Dwelling; Each unit has 6 rooms plus full bath; Separate Utilities but Landlord pays Water; Approx 900 square feet each unit; Has 8' & 9' ceilings, hardwood floors, back porches and dumpster service; Off Street and On Street Parking, large yard, and only 5 blocks from the main Bus Terminal; Quiet street and only 6 blocks from the center of downtown Binghamton; Has the city's Certificate of Code Compliance and Zoning Approval Letter for R-3 District; Charge market rate rent and make 8 - 9% Cap Rate, plus 4%/yr appreciation conservatively; Located in a Qualified Opportunity Zone for potential income tax benefits;
For sale by owner
Price cut: $8K (8/5)
$388,000
124 Prospect Ave, Binghamton, NY 13901
18beds
5,400sqft
MultiFamily
Built in 1935
-- sqft lot
$-- Zestimate®
$72/sqft
$-- HOA
What's special
Back porchesHigh ceilingsHardwood floorsLarge yard
- 463 days
- on Zillow |
- 806 |
- 51 |
Listing by:
(607) 748-2526
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 18
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Baseboard, Forced air, Electric, Gas
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Hardwood, Linoleum / Vinyl
- Basement: Unfinished
Interior area
- Total interior livable area: 5,400 sqft
Property
Parking
- Total spaces: 7
- Parking features: Off-street, On-street
Features
- Exterior features: Shingle, Stucco, Wood
- Has view: Yes
- View description: Mountain
Lot
- Size: 0.28 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 1935
Community & HOA
Location
- Region: Binghamton
Financial & listing details
- Price per square foot: $72/sqft
- Date on market: 5/5/2024
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