36 & 36.5 Fayette St, Binghamton, NY 13903
Broome County
Key Facts
Description
Excellent Downtown Binghamton investment opportunity featuring two separate buildings with a total of 11 fully rented apartments generating $10,425/month in rental income. Well-maintained and recently updated, this stabilized property offers strong cash flow and a consistent occupancy history in a highly convenient location near downtown employers, public transportation, dining, entertainment, and the Mirabito Stadium district. Separate electric meters with electric paid by tenants, helping reduce owner expenses and improve operational efficiency. Significant capital improvements include newer roofs installed in 2019/2025. Ownership completed numerous interior updates throughout the property including updated flooring, kitchens, bathrooms, and appliances, enhancing tenant appeal and functionality. Strong income-producing multifamily asset offering recent improvements, operational efficiency, and long-term investment potential in one of Binghamton’s most active rental corridors.
Property Information
Property Type
Residential Income
Sub-Type
Apartment
Style
MultiFamily
Year Built
1940
Living Area
8,024 sq ft
Lot Dimensions
60X132
Ownership
OWNER
Zoning
411
Days on Market
60
MLS® Listing#
335780
Property Features
- Appliances:
- Gas Water Heater, Range, Refrigerator
- Cooling:
- None
- Heating:
- Steam
- Flooring:
- Carpet, Hardwood, Tile, Vinyl
- Parking:
- On Street
- Patio:
- Enclosed, Porch
- Lot Features:
- Level
- Construction:
- Aluminum Siding
- Sewer:
- Public Sewer
- Water Source:
- Public
Schools
- Elementary:
- MacArthur
HOA & Tax
- Annual Tax:
- $16,206
- Assessed Value:
- $163,000
Directions
Court to Fayette
Affordability Calculator
$189,980
Estimated monthly payment
$5,056/mo
Principal $759,920 · Est. interest $1,060,156 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 335% above the area median.
- Its price per sq ft is 13% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Binghamton, NY.
Location
- 36 & 36.5 Fayette St, Binghamton, NY 13903
Nearby Schools
Binghamton City School District
School · 0.1 mi away
Columbus School
School · 0.1 mi away
Roy Ettinger School
Secondary · 0.3 mi away
St John the Evangelist School
School · 0.7 mi away
Binghamton City School District
Elementary · 0.8 mi away
Binghamton High School
Secondary · 0.8 mi away
MacArthur School
Elementary · 1.2 mi away
Seton Catholic Central
Elementary · 1.2 mi away
Theodore Roosevelt Elementary School
Elementary · 1.3 mi away
East Middle School
Secondary · 1.3 mi away
Horace Mann School
Elementary · 1.3 mi away
Binghamton City School Dist
School · 1.4 mi away
Calvin Coolidge School
Elementary · 1.4 mi away
West Middle School
Secondary · 1.8 mi away
Thomas Jefferson School
Elementary · 1.8 mi away
Clinical Campus at Binghamton
School · 1.9 mi away
Woodrow Wilson School
Elementary · 2.0 mi away
Hillel Academy
School · 2.5 mi away
Career & Technical High School
Secondary · 2.5 mi away
Broome-Tioga Boces
School · 2.5 mi away
Commute Calculator
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Moving Cost Estimate
EXIT Agents in Binghamton
Listing Courtesy: eXp REALTY - 8882760630
Fair Housing Notice