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Sold for $1,725,000
  • $1,725,000

    50 Main St, Binghamton, NY 13905

    24beds
    --baths
    8,925sqft
    Multi Family, Apartment
    Built in 1970
    -- sqft lot
    $1,105,400 Zestimate®
    $193/sqft
    $982 Estimated rent

    Home value

    $1,105,400

    $906,000 - $1.33M

    $982/mo

    Zestimate® history
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    Owner options

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    $982/mo

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    $982/mo

    Rent Zestimate®

    Refinance and save

    $12,934/mo

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    $12,934/mo

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    What's special

    Binghamton University and SUNY Broome have 27,000 students, and a mere 24 keep this building at full capacity. Rented through June of 2025, this local landmark has a wonderful brick exterior, a state-of-the-art key fob entry system, and video surveillance, inside and out, to ensure the safety and security of its occupants. The remodeled units. 18 of which are one-bedroom studios, and three of which are two-bedroom apartments, come fully furnished, creating an ease for the tenants. The fiber Internet, building-wide WIFI, keeps everyone connected. The zero cost fully serviced laundry is convenient for the tenants and terrific for the owner. The University bus stops right outside, and this ideal location is one block from downtown shopping and restaurants. This remarkable investment opportunity is a must-see and could be a fabulous addition to your investment portfolio.

    Zillow last checked:

    Listing updated:

    Listed by:

    John J. Farrell,

    EXIT REALTY HOMEWARD BOUND

    Bought with:

    Robert Frederick Graves, 10401320921

    EXIT REALTY HOMEWARD BOUND

    Source: GBMLS,MLS#: 324817MLS LogoOriginating MLS: Greater Binghamton Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    Heating
    • Hot Water, Radiator(s)
    Cooling
    • Central Air
    Appliances
    • Included: Gas Water Heater
    Features
    • Other, See Remarks
    • Flooring: Hardwood, Vinyl
    Interior area
    • Total interior livable area: 8,925 sqft
    • Finished area above ground: 8,925

    Property

    Parking
    • Parking features: On Street
    Lot
    • Size: 4,356 Square Feet
    • Dimensions: 44 x 95
    • Features: Level
    Details
    • Parcel number: 03020016003900030090000000
    • Zoning: Service Commercial
    • Zoning description: Service Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Multi-Family
    • Property subtype: Multi Family, Apartment
    Materials
    • Brick, Other
    • Foundation: Basement
    Condition
    • Year built: 1970

    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: $193/sqft
    • Tax assessed value: $160,000
    • Annual tax amount: $15,631
    • Date on market: 3/15/2024
    • Listing agreement: Exclusive Right To Sell
    • Inclusions: CARBON MONOXIDE DETECTOR, FURNISHINGS/CALL LO, SMOKE DETECTORS
    • Ownership: OWNER

    Price history

    DateEventPrice
    7/3/2024Sold$1,725,000-11.3%$193/sqft
    Source: GBMLS #324817 Report a problem
    5/22/2024Contingent$1,945,000$218/sqft
    Source: GBMLS #324817 Report a problem
    4/24/2024Listed for sale$1,945,000$218/sqft
    Source: GBMLS #324817 Report a problem
    3/29/2024Contingent$1,945,000$218/sqft
    Source: GBMLS #324817 Report a problem
    3/15/2024Listed for sale$1,945,000$218/sqft
    Source: GBMLS #324817 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 13905

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Horace Mann
    • District: Binghamton

    Source: GBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.