Here's a SUPER AFFORDABLE 2 family investment property for your portfolio that allows for so much upside potential with an additional "buildable city lot" (located at 7 Gaines) that is included with it! This great investment opportunity is just steps to the Front St Gateway to Downtown and a short walk (3 blocks) to all that downtown has to offer and easy access to BCC on upper Front St and the bus lines too. The property offers a NEWER ROOF (approx 3 years old) & both furnaces, water heaters and breaker boxes have been replaced since the seller has owned it. The 1st floor 2 bedroom apt also has a 10 x 13 heated & windowed storage room allowing the potential for a 3rd bedroom if finished. So bring your DIY skills here. Also seller will give a $500 allowance for living room carpet replacement at closing. The 2nd floor vacant apartment is "MOVE IN READY". There are separate utilities, as tenants are responsible for heat, gas and electric for each apt. House is solid but selling AS-IS
Sold for $89,900 on 06/14/24
$89,900
5 Gaines St, Binghamton, NY 13905
3beds
--baths
1,756sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$117,200 Zestimate®
$51/sqft
$1,509 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: June 14, 2024 at 01:29pm
Listed by:
Michael J. Rizzo,
CENTURY 21 NORTH EAST
Bought with:
Amy M Valls, 10401377778
EXIT REALTY HOMEWARD BOUND
Source: GBMLS,MLS#: 325228
Originating MLS: Greater Binghamton Association of REALTORS

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Ceiling Fan(s)
Appliances
- Included: Exhaust Fan, Gas Water Heater, Range, Refrigerator
Features
- Flooring: Carpet, Vinyl
Interior area
- Total interior livable area: 1,756 sqft
- Finished area above ground: 1,756
Property
Parking
- Parking features: Driveway
Features
- Patio & porch: Covered, Porch
- Exterior features: Porch
Lot
- Size: 4,515 sqft
- Dimensions: 43 x 105
- Features: Level
Details
- Parcel number: 03020014408000020180000000
- Zoning: residential
- Zoning description: residential
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Shingle Siding
- Foundation: Basement
Condition
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Binghamton
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: OWNER