Check Availability
$89,900
Multifamily - In Contract

5 Gaines Street

BINGHAMTON, NY 13905
bedrooms
3 Beds
bathrooms
0 Bath
$686
Estimated Monthly
$0
HOA / Fees
16.77%
Cap Rate

About This Property

Here's a SUPER AFFORDABLE 2 family investment property for your portfolio that allows for so much upside potential with an additional "buildable city lot" (located at 7 Gaines) that is included with it!  This great investment opportunity is just steps to the Front St Gateway to Downtown and a short walk (3 blocks) to all that downtown has to offer and easy access to BCC on upper Front St and the bus lines too.  The property offers a NEWER ROOF (approx 3 years old) & both furnaces, water heaters and breaker boxes have been replaced since the seller has owned it.  The 1st floor 2 bedroom apt also has a 10 x 13 heated & windowed storage room allowing the potential for a 3rd bedroom if finished. So bring your DIY skills here. Also seller will give a $500 allowance for living room carpet replacement at closing. The 2nd floor vacant apartment is "MOVE IN READY". There are separate utilities, as tenants are responsible for heat, gas and electric for each apt. House is solid but selling AS-IS
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$244
HOA Dues
-
Year Built
1900
Listed By
Last updated: 7 days ago (GBMLS #325228)

Price History

Date / Event Date Event Price
Apr 24, 2024 In contract -
In contract
Apr 16, 2024 Listed by CENTURY 21 NORTH EAST $89,900
Listed by CENTURY 21 NORTH EAST

Property Highlights

Parking Details
Parking Features: Driveway
Interior Details

Bedroom Information

Bedrooms: 3

Bathroom Information

Full Bathrooms: 2

Interior Information

Appliances: Exhaust Fan, Gas Water Heater, Range, Refrigerator
Flooring Type: Carpet, Vinyl

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
-
$100,000 Apr 21, 2021
$100,000 Jun 18, 2021
$201/mo
House
3 Beds
2 Baths
-
$77,500 Nov 19, 2018
$77,500 Dec 18, 2018
$351/mo
House
3 Beds
2 Baths
-
$95,000 Aug 6, 2021
$95,000 Dec 13, 2021
$279/mo
House
3 Beds
2 Baths
-
$80,000 Oct 24, 2022
$80,000 Jul 18, 2023
$367/mo
House
4 Beds
2 Baths
-
$90,000 Aug 11, 2023
$90,000 Nov 2, 2023
$280/mo
Townhouse
2 Beds
2 Baths
-
$85,000 Mar 31, 2023
$85,000 Jun 21, 2023
$209/mo
Multifamily
4 Beds
-
-
$97,900 Jan 21, 2024
-
$433/mo
In Contract
Multifamily
2 Beds
-
-
$99,000 Jan 31, 2024
-
$345/mo
House
3 Beds
2 Baths
-
$105,999 Apr 27, 2024
-
$457/mo
House
4 Beds
2 Baths
-
$90,000 Oct 4, 2023
-
$1,324/mo
Commercial
Loft
-
-
$85,000 Feb 28, 2024
-
$67/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

5 Gaines Street 5 Gaines Street, Binghamton, NY 13905
  • 1 Unit for Sale
More about this Building
5 Gaines Street
Want to find out who owns 5 Gaines Street, Binghamton, NY 13905? Get detailed property transactions here .

About First Ward


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