101 Pennsylvania Avenue, Binghamton, NY 13903
Broome County
Key Facts
Description
Fully renovated 6-unit apartment building on Binghamton’s South Side, offering a true turnkey investment opportunity. Located near MacArthur Park and just around the corner from UHS Binghamton General Hospital, the property benefits from strong rental demand driven by proximity to healthcare, Binghamton University and neighborhood amenities. It is also within walking distance to Weis, Walgreens, Dunkin, and other stores and restaurants, making it highly attractive to tenants. All 6 units have been completely remodeled and are being sold fully furnished, ideal for traditional, students (in student zone) or short-term rental strategies. Each unit features updated kitchens and bathrooms, modern finishes, and durable laminate flooring throughout. Major capital improvements include 6 newer furnaces, 6 water heaters, newer electrical, and a new roof. The building is separately metered with 7 electric meters and 7 gas meters for efficient utility management. Schedule a showing today!
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Style
MultiFamily
Year Built
1970
Living Area
4,216 sq ft
Lot Dimensions
58 x 60 ft
Ownership
OWNER
Zoning
411 Apartment
Days on Market
56
MLS® Listing#
335358
Property Features
- Appliances:
- Gas Water Heater, Range, Refrigerator
- Cooling:
- None
- Heating:
- Forced Air
- Flooring:
- Laminate
- Basement:
- Partial
- Parking:
- On Street
- Patio:
- Porch
- Lot Features:
- Sloped Down
- Construction:
- Shingle Siding
- Sewer:
- Public Sewer
- Water Source:
- Public
Schools
- Elementary:
- MacArthur
HOA & Tax
- Annual Tax:
- $8,684
- Assessed Value:
- $88,000
- Parcel #:
- 030200-176-024-0002-014-000-0000
Directions
Discover the vibrant surroundings of Binghamton, NY, where the convergence of history, culture, and modern amenities creates a dynamic backdrop for your investment. Nestled in a picturesque area, the property is conveniently located near prestigious educational institutions like Binghamton University, providing a built-in tenant base. The area is also within close proximity to scenic parks, trendy dining establishments, and lively entertainment options, offering residents an unparalleled living experience. With a thriving arts scene, diverse community events, and a robust economy, Binghamton presents an enticing opportunity for a Multifamily investor seeking to capitalize on the city's unique charm and promising growth potential. Get to the property by taking Vestal Ave to Pennsylvania Ave. Property is straight ahead at the intersection.
Affordability Calculator
$92,980
Estimated monthly payment
$2,474/mo
Principal $371,920 · Est. interest $518,861 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Binghamton, NY
- $218,280
- Median Listing Price
- 38
- Median Days on Market
- 2,042
- Median Sq Ft
- $105
- Median Price / Sq Ft
- 237
- Active Listings
- This home’s price is 113% above the area median.
- Its price per sq ft is 5% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Binghamton, NY.
Location
- 101 Pennsylvania Avenue, Binghamton, NY 13903
Nearby Schools
MacArthur School
Elementary · 0.3 mi away
St John the Evangelist School
School · 0.7 mi away
Binghamton High School
Secondary · 1.1 mi away
Roy Ettinger School
Secondary · 1.2 mi away
Seton Catholic Central
Elementary · 1.2 mi away
Binghamton City School District
School · 1.3 mi away
Columbus School
School · 1.3 mi away
Horace Mann School
Elementary · 1.3 mi away
Binghamton City School District
Elementary · 1.5 mi away
West Middle School
Secondary · 1.6 mi away
Hillel Academy
School · 1.7 mi away
Champions at Vestal Hills Elementary School
Elementary · 1.9 mi away
Vestal Hills Elementary School
Elementary · 1.9 mi away
Thomas Jefferson School
Elementary · 1.9 mi away
Woodrow Wilson School
Elementary · 2.4 mi away
Theodore Roosevelt Elementary School
Elementary · 2.6 mi away
Binghamton City School Dist
School · 2.6 mi away
Calvin Coolidge School
Elementary · 2.6 mi away
East Middle School
Secondary · 2.6 mi away
St James School
School · 2.8 mi away
Commute Calculator
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EXIT Agents in Binghamton
Listing Courtesy: INNOVATIVE COMMERCIAL ADVISORS - 6072031826
Fair Housing Notice