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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
    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;
    463 days
    on Zillow
    |
    806
    |
    51
    |
    Listing by:

    (607) 748-2526

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
    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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