Sold for $55,000

$55,000

1 Gaines St #3, Binghamton, NY 13905

4beds

1,664sqft

Duplex, Multi Family

Built in 1900

-- sqft lot

$56,000 Zestimate^®

$33/sqft

$1,468 Estimated rent

Home value

$56,000

$48,000 - $66,000

$1,468/mo

Zestimate^® history

Owner options

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$1,468/mo

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$1,468/mo

Rent Zestimate^®

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$348/mo

Est. payment

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$348/mo

Est. payment

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What's special

Opportunity awaits with this two unit property in the City of Binghamton. Each unit offers 2 bedrooms along with a living room, dining room and kitchen. Long term tenants but property could use some updates making it a great option for investors or buyers looking to build equity through renovations. Double lot, includes adjacent vacant lot at 3 Gaines. Conveniently located near downtown shopping, restaurants and major roadways.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air

Cooling

None

Appliances

Included: Gas Water Heater, Range, Refrigerator

Features

Flooring: Vinyl

Interior area

Total interior livable area: 1,664 sqft
Finished area above ground: 1,664
Finished area below ground: 0

Property

Parking

Parking features: Driveway

Features

Patio & porch: Covered, Porch
Exterior features: Porch

Lot

Dimensions: 31 x 53 & 42 x 105
Features: Level

Details

Zoning: commercial
Zoning description: commercial

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Asphalt
Foundation: Basement, Stone

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available

Community & HOA

Location

Region: Binghamton

Financial & listing details

Price per square foot: $33/sqft
Tax assessed value: $46,700
Annual tax amount: $3,075
Date on market: 3/3/2026
Listing agreement: Exclusive Right To Sell
Inclusions: CARBON MONOXIDE DETECTOR, SMOKE DETECTORS
Ownership: OWNER
Total actual rent: 12780

Price history

Date	Event	Price
4/24/2026	Sold	$55,000+10.2%$33/sqft
Source: GBMLS #334916 Report a problem
3/10/2026	Pending sale	$49,900$30/sqft
Source: GBMLS #334916 Report a problem
3/4/2026	Listed for sale	$49,900$30/sqft
Source: GBMLS #334916 Report a problem