10 Norton Drive
Description
Binghamton area! New Roof in 2024 with transferable warranty. All seperate gas & electric meters. Owner pays heat & hot water. This multifamily property offers a well
maintained 3,323 SF building comprised of 6 units, providing
a solid income stream potential for savvy investors. Built in
1965 and recently renovated in 2024, the property embodies
a perfect balance of vintage charm and modern amenities. This versatile asset presents a range of potential...Introducing a prime investment opportunity in the
Binghamton area! New Roof in 2024 with transferable warranty. All seperate gas & electric meters. Owner pays heat & hot water. This multifamily property offers a well
maintained 3,323 SF building comprised of 6 units, providing
a solid income stream potential for savvy investors. Built in
1965 and recently renovated in 2024, the property embodies
a perfect balance of vintage charm and modern amenities. This versatile asset presents a range of potential uses. Its
strategic location in the Binghamton area offers a desirable
blend of tranquility and accessibility. Don't miss the chance
to add this promising property to your investment portfolio
and capitalize on the attractive prospects it presents for
multifamily and low-rise/garden investors.
- Listed by Matthew Karlgut • INNOVATIVE COMMERCIAL ADVISORS
Property Details for 10 Norton Drive
Property Details for 10 Norton Drive
| Status | Active |
|---|---|
| MLS # | 328340 |
| Days on Market | 12 |
| Taxes | $4,919 / year |
| HOA Fees | - |
| Condo/Co-op Fees | $2,177 semi-monthly |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Apartment |
| Year Built | 1965 |
| County | Broome County |
Building Information for 10 Norton Drive
Property Information for 10 Norton Drive
- City: Binghamton
- County Or Parish: Broome
- Directions: Upper Front St to Norton Drive. Property sits behind Nimmonsburg Plaza.
- Postal City: Binghamton
- Township: Chenango
- State Or Province: NY
- MLS Area Major: Area 04
- Postal Code: 13905
- Zoning Description: Agricultural
- Parcel Number: 032400-128-007-0001-008-000-0000
- Maintenance Expense: $2,177.00
- Tax Annual Amount: $4,918.63
- Tax Assessed Value: $141,732.00
- Tax Book Number: 128.07-1-8
- Elementary School: Port Dickinson
- Elementary School District: Chenango Valley
- High School District: Chenango Valley
- Middle Or Junior School District: Chenango Valley
- Garage Spaces: .00
- Garage: No
- Parking Features: None
- Virtual Tour URL Branded: https://www.propertypanorama.com/instaview/gbar/328340
- Virtual Tour URL Unbranded: https://www.propertypanorama.com/instaview/gbar/328340
- Above Grade Finished Area: 3323.0
- Living Area: 3323.0
- Lot Features: StreamCreek, Wooded
- Lot Size Area: 0.89
- Lot Size Dimensions: 100x
- Lot Size Units: Acres
- Sign On Property: No
- Year Built: 1965
- Property Sub Type: Apartment
- Property SubType Additional: Apartment
- Property Type: ResidentialIncome
- Construction Materials: Brick, VinylSiding
- Sewer: PublicSewer
- Utilities: CableAvailable
- Water Source: Well
- Exterior Features: Deck, Landscaping
- Foundation Details: Basement
- Patio And Porch Features: Deck, Open
- View: Yes
- Appliances: GasWaterHeater
- Basement: Partial
- Cooling: Yes
- Cooling: WallWindowUnits
- Flooring: Carpet, Vinyl
- Heating: ForcedAir
- Heating: Yes
- Bedrooms Total: 9
- HumanModified: Yes
- HumanModified: Yes
- HumanModified: Yes
- HumanModified: Yes
- HumanModified: Yes
- HumanModified: Yes
- Human Modified: Yes
- Number Of Separate Electric Meters: 6
- Number Of Separate Gas Meters: 6
- Number Of Units Total: 6
- Water Sewer Expense: $1,212.00
- Fuel Expense: $.00
- Gross Income: $75,600.00
- Insurance Expense: $3,600.00
- Professional Management Expense: $5,080.00
- Electric Expense: $.00
- Operating Expense: $20,179.00
- Net Operating Income: $52,397.00
- Actual Rent: $850.00
- Baths Total: 1
- Beds Total: 1
- Total Rent: $850.00
- Actual Rent: $850.00
- Baths Total: 1
- Beds Total: 1
- Total Rent: $850.00
- Actual Rent: $850.00
- Baths Total: 1
- Beds Total: 1
- Total Rent: $850.00
- Actual Rent: $1,250.00
- Baths Total: 1
- Beds Total: 2
- Total Rent: $1,250.00
- Actual Rent: $1,250.00
- Baths Total: 1
- Beds Total: 2
- Total Rent: $1,250.00
- Actual Rent: $1,250.00
- Baths Total: 1
- Beds Total: 2
- Total Rent: $1,250.00
- Lease Amount Per Area Unit: DollarsPerSquareFoot
Property History for 10 Norton Drive
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 10 Norton Drive
Schools near 10 Norton Drive
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 2 | |||
| Public - | 3 to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Port Dickinson Elementary School PublicPK to 2 | ||
Chenango Bridge Elementary School Public3 to 5 | ||
Chenango Valley Middle School Public6 to 8 | ||
Chenango Valley High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of INNOVATIVE COMMERCIAL ADVISORS
Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.