Turnkey 10-Unit Investment Property Offered. Located on the prime Binghamton West Side, this property is just minutes from BU, downtown, and UHS. It features 10 fully leased units through 2026. This extensively renovated and repositioned property has undergone significant capital upgrades, including new kitchens, baths, flooring, roofing, smart tech, and mechanical systems. Separately metered cooking gas and electric are available in most units, with the option of tenant-paid gas/electric. There is also strong income in place. Fully stabilized, professionally managed, and consistently leased, this is a rare high-yield, low-maintenance asset with excellent cash flow and 8%+ cap rate potential. It’s perfect for both new and seasoned investors. Don’t miss this opportunity!
Sold for $950,000
$950,000
2 Grand Blvd, Binghamton, NY 13905
27beds
8,334sqft
Multi Family, Apartment
Built in 1930
-- sqft lot
$983,600 Zestimate®
$114/sqft
$1,737 Estimated rent
Home value
$983,600
$836,000 - $1.16M
$1,737/mo
Zestimate® history
Owner options
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$1,737/mo
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$1,737/mo
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$7,086/mo
Est. payment
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$7,086/mo
Est. payment
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New kitchensPrime binghamton west sideSmart tech
Zillow last checked:
Listing updated:
Listed by:
Keith Arnold,
HOWARD HANNA
Bought with:
Anthony James Giacovelli, 10301222683
eXp REALTY
Source: GBMLS,MLS#: 332015
Originating MLS: Greater Binghamton Association of REALTORS
Originating MLS: Greater Binghamton Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 27
- Bathrooms: 10
- Full bathrooms: 10
Heating
- Hot Water, Radiator(s)
Cooling
- None
Appliances
- Included: Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry: Washer Hookup, Dryer Hookup
Features
- Flooring: Hardwood, Vinyl
- Windows: Insulated Windows
- Basement: Walk-Out Access
Interior area
- Total interior livable area: 8,334 sqft
- Finished area above ground: 8,334
- Finished area below ground: 0
Property
Parking
- Parking features: On Street
Features
- Patio & porch: Covered, Porch
- Exterior features: Porch
Lot
- Size: 6,098 Square Feet
- Dimensions: 50 x 125
- Features: Level
Details
- Parcel number: 03020016002100050080000000
- Zoning: Multi - 10 Unit
- Zoning description: Multi - 10 Unit
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Multi-Family
- Property subtype: Multi Family, Apartment
Materials
- Stucco
- Foundation: Basement, Poured
Condition
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, High Speed Internet Available
Community & HOA
Location
- Region: Binghamton
Financial & listing details
- Price per square foot: $114/sqft
- Tax assessed value: $215,900
- Annual tax amount: $21,000
- Date on market: 7/17/2025
- Listing agreement: Exclusive Right To Sell
- Inclusions: CARBON MONOXIDE DETECTOR, FURNISHINGS/CALL LO, LIGHTING FIXTURE, MIRRORS-Perm affixed, SMOKE DETECTORS, SOME FURNISHINGS/CALL LO, SUMP PUMP
- Ownership: OWNER
- Total actual rent: 169100
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Sold | $950,000-9.5%$114/sqft |
Source:  GBMLS #332015 Report a problem | ||
| 11/28/2025 | Pending sale | $1,050,000$126/sqft |
Source: GBMLS #332015 Report a problem | ||
| 9/4/2025 | Contingent | $1,050,000$126/sqft |
Source: GBMLS #332015 Report a problem | ||
| 7/17/2025 | Listed for sale | $1,050,000-5.2%$126/sqft |
Source: GBMLS #332015 Report a problem | ||
| 6/2/2025 | Listing removed | $1,108,000$133/sqft |
Source: GBMLS #329671 Report a problem | ||
| 5/1/2025 | Price change | $1,108,000-3.7%$133/sqft |
Source: GBMLS #329671 Report a problem | ||
| 1/25/2025 | Listed for sale | $1,150,000+76.9%$138/sqft |
Source: GBMLS #329671 Report a problem | ||
| 8/22/2018 | Sold | $650,000$78/sqft |
Source: GBMLS #214109 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 13905
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Nearby schools
GreatSchools rating
- 5/10Thomas Jefferson SchoolGrades: K-5Distance: 0.2 mi
- 3/10West Middle SchoolGrades: PK,6-8Distance: 0.4 mi
- 3/10Binghamton High SchoolGrades: PK,9-12Distance: 0.9 mi
Schools provided by the listing agent
- Elementary: Thomas Jefferson
- District: Binghamton
Source: GBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Broome County
- Binghamton
- 13905
- 2 Grand Blvd
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