Sold for $290,000

$290,000

17 Thorp St, Binghamton, NY 13905

19beds

6,110sqft

Multi Family, Apartment

Built in 1960

-- sqft lot

$306,100 Zestimate^®

$47/sqft

$1,285 Estimated rent

Home value

$306,100

$260,000 - $361,000

$1,285/mo

Zestimate^® history

Owner options

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$1,285/mo

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$1,285/mo

Rent Zestimate^®

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$2,171/mo

Est. payment

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$2,171/mo

Est. payment

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What's special

Fully vacant and ready for your vision, this solid 5-family in the heart of the student housing district offers outstanding investment potential. Ideal for student rentals with strong cash flow upside, it also suits a range of tenant types. While cosmetic upgrades are needed, major improvements have already been completed, including brand-new electrical and plumbing systems and a recently installed roof. With the charm of a classic design and the reliability of modern infrastructure, this property is a prime candidate for a high-yield rental portfolio. Floor plans and a full offering memorandum are attached to help you unlock its full potential.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 19
Bathrooms: 7
Full bathrooms: 7

Heating

Baseboard

Cooling

None

Appliances

Included: Electric Water Heater

Features

Flooring: Other, See Remarks

Interior area

Total interior livable area: 6,110 sqft
Finished area above ground: 6,110

Property

Parking

Parking features: On Street

Features

Patio & porch: Covered, Porch
Exterior features: Porch

Lot

Size: 3,750 Square Feet
Dimensions: 75 x 50 ft
Features: Level

Details

Zoning: Multi Unit Dwelling
Zoning description: Multi Unit Dwelling

Construction

Type & style

Home type: MultiFamily
Architectural style: Multi-Family
Property subtype: Multi Family, Apartment

Materials

Brick
Foundation: Basement

Condition

Year built: 1960

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Binghamton

Financial & listing details

Price per square foot: $47/sqft
Tax assessed value: $76,000
Annual tax amount: $7,490
Date on market: 5/23/2025
Listing agreement: Exclusive Right To Sell
Inclusions: CARBON MONOXIDE DETECTOR, SMOKE DETECTORS
Ownership: OWNER

Price history

Date	Event	Price
9/12/2025	Sold	$290,000-3.3%$47/sqft
Source: GBMLS #331275 Report a problem
8/8/2025	Pending sale	$299,999$49/sqft
Source: GBMLS #331275 Report a problem
8/1/2025	Price change	$299,999-7.7%$49/sqft
Source: GBMLS #331275 Report a problem
5/23/2025	Listed for sale	$325,000-7.1%$53/sqft
Source: GBMLS #331275 Report a problem
5/22/2025	Listing removed	$350,000$57/sqft
Source: GBMLS #329622 Report a problem
5/15/2025	Price change	$350,000-6.7%$57/sqft
Source: GBMLS #329622 Report a problem
1/9/2025	Listed for sale	$375,000+177.8%$61/sqft
Source: GBMLS #329622 Report a problem
8/24/2023	Sold	$135,000-31.5%$22/sqft
Source: GBMLS #320553 Report a problem
5/31/2023	Contingent	$197,000$32/sqft
Source: GBMLS #320553 Report a problem
4/19/2023	Price change	$197,000-1%$32/sqft
Source: GBMLS #320553 Report a problem
3/8/2023	Listed for sale	$199,000+65.8%$33/sqft
Source: GBMLS #320553 Report a problem
7/8/2014	Sold	$120,000$20/sqft
Source: GBMLS #185747 Report a problem