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For sale
    • $269,000

    75.5 Pine St, Binghamton, NY 13901

    7beds
    5baths
    3,310sqft
    Loading
    Multi Family, Apartment
    Built in 1950
    -- sqft lot
    $-- Zestimate®
    $81/sqft
    $-- HOA

    What's special

    This stabilized, cash-flowing 5-unit property in Binghamton delivers a Net Operating Income of $34,915.75 at a 12.98% cap rate — nearly a 13% return with property management factored in. Self-managed, NOI climbs to roughly $40,017, pushing the cap rate closer to 14.9% for hands-on investors. Featuring 6 electric meters and 5 gas meters, utilities are set up for efficiency. Located just minutes from Downtown, with easy access to Binghamton University, major hospitals, and public transportation, the property attracts long-term, dependable tenants — students, professionals, and medical staff — ensuring consistent occupancy. Buyer confidence is built in: a full inspection report is available, a list of completed repairs is on hand, and a recent appraisal report valued the property at $287,000 with no repairs needed — over $17,000 above list price. A turnkey, low-maintenance investment with strong cash flow, immediate equity, and a proven rent roll — it performs from day one!
    22 days
    |
    137
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    INNOVATIVE COMMERCIAL ADVISORS 607-203-1826,

    Vincent Lucenti

    Source: GBMLS,MLS#: 336746MLS LogoOriginating MLS: Greater Binghamton Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 7
      • Bathrooms: 5
      Heating
      • Baseboard
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Included: Gas Water Heater
      Features
      • Flooring: Carpet, Hardwood, Vinyl
      Interior area
      • Total interior livable area: 3,310 sqft
      • Finished area above ground: 3,310
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway
      Features
      • Patio & porch: Covered, Porch
      • Exterior features: Porch
      Lot
      • Size: 3,565 Square Feet
      • Dimensions: 31 x 115
      • Features: Level
      Details
      • Parcel number: 03020016003500020260000000
      • Zoning: Com-1 (411)
      • Zoning description: Com-1 (411)

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Multi-Family
      • Property subtype: Multi Family, Apartment
      Materials
      • Aluminum Siding, Composite Siding
      • Foundation: Basement
      Condition
      • Year built: 1950

      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: $81/sqft
      • Tax assessed value: $60,000
      • Annual tax amount: $5,997
      • Date on market: 7/1/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: OWNER
      • Total actual rent: 53700

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/1/2026Listed for sale$269,000-1.8%$81/sqft
        Source: GBMLS #336746 Report a problem
        6/1/2026Listing removed$274,000$83/sqft
        Source: EXIT Realty broker feed #334057 Report a problem
        5/27/2026Price change$274,000-1.8%$83/sqft
        Source: GBMLS #334057 Report a problem
        5/11/2026Listed for sale$279,000$84/sqft
        Source: GBMLS #334057 Report a problem
        1/30/2026Contingent$279,000$84/sqft
        Source: GBMLS #334057 Report a problem
        12/12/2025Listed for sale$279,000-6.8%$84/sqft
        Source: GBMLS #334057 Report a problem
        12/9/2025Listing removed$299,500$90/sqft
        Source: GBMLS #332865 Report a problem
        9/10/2025Listed for sale$299,500+299.3%$90/sqft
        Source: GBMLS #332865 Report a problem
        5/6/2015Sold$75,000$23/sqft
        Source: GBMLS #195541 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 13901

        Getting around

        10 / 100
        Car-Dependent
        34 / 100
        Somewhat Bikeable

        Nearby schools

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

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

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