123 Oak Street

Binghamton, NY 13905

$299,999
Price
6
Beds
3,356 Sq. Ft.
$89 / Sq. Ft.
3,356
Sq. Ft.
$89
per Sq. Ft.

Description

Excellent area for a possible student housing conversion. This area has seen significant development into Student housing over the past few years. This is R3 Zoning (Permissible for Student Housing). This is walking distance to the Bus lines, the Court St Bridge and Downtown Binghamton. This has a very walkable score of 73. The close proximity to Downtown Binghamton and the bus lines creates a very strong rental demand in this area. This is just a few buildings from Main St. This is a 6 unit, 6 Bed...Excellent area for a possible student housing conversion. This area has seen significant development into Student housing over the past few years. This is R3 Zoning (Permissible for Student Housing). This is walking distance to the Bus lines, the Court St Bridge and Downtown Binghamton. This has a very walkable score of 73. The close proximity to Downtown Binghamton and the bus lines creates a very strong rental demand in this area. This is just a few buildings from Main St. This is a 6 unit, 6 Bed complex. The boiler is less than 10 years old. Roof was replaced in 2022. This building already has a couple of student tenants and conversion to student housing is a possibility.
  1. Listed by Scott Warren • INNOVATIVE COMMERCIAL ADVISORS

Property Details for 123 Oak Street

Architectural Style
MultiFamily
Zoning
Residential Multi Unit
LISTING UPDATED: 09/30/2024 12:21 PM

Property Details for 123 Oak Street

StatusActive
MLS #327530
Days on Market1
Taxes$14,477 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1960
CountyBroome County

Building Information for 123 Oak Street

Building/Complex123 Oak StFloor-Stories-Residences6Pet Policy-Year Built1960Building Size-

Property Information for 123 Oak Street

Summary
Location and General Information
  • City: Binghamton
  • County Or Parish: Broome
  • Directions: Main to Oak.
  • Postal City: Binghamton
  • Township: Binghamton
  • State Or Province: NY
  • MLS Area Major: Area 03
  • Postal Code: 13905
  • Zoning Description: Residential Multi Unit
Taxes and HOA Information
  • Parcel Number: 030200-160-039-0003-003-000-0000
  • Tax Annual Amount: $14,477.00
  • Tax Assessed Value: $119,048.00
  • Tax Book Number: 160.39-3-3
School Information
  • Elementary School: Horace Mann
  • Elementary School District: Binghamton
  • High School District: Binghamton
  • Middle Or Junior School District: Binghamton
Parking
  • Garage Spaces: .00
  • Garage: No
  • Parking Features: Driveway
Property
Lot Information
  • Above Grade Finished Area: 3356.0
  • Living Area: 3356.0
  • Lot Features: Level
  • Lot Size Dimensions: 50x175
Property and Assessments
  • Sign On Property: No
  • Year Built: 1960
  • Property Sub Type: Apartment
  • Property SubType Additional: Apartment
  • Property Type: ResidentialIncome
  • Construction Materials: Cedar
Utilities
  • Sewer: PublicSewer
  • Utilities: CableAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Basement
Interior Features
  • Appliances: GasWaterHeater
  • Cooling: CeilingFans
  • Flooring: Carpet, Hardwood, Tile
  • Heating: Baseboard
  • Heating: Yes
  • Bedrooms Total: 6
Room Information
Room 1
  • HumanModified: No
Room 2
  • HumanModified: No
Room 3
  • HumanModified: No
Room 4
  • HumanModified: No
Room 5
  • HumanModified: No
Room 6
  • HumanModified: No
Mobile Home
Mobile/Manufactured Home
  • Human Modified: No
Multi Family
Multi-Family Information
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 6
Income & Expenses Information
  • Fuel Expense: $6,576.00
  • Insurance Expense: $5,669.00
  • Electric Expense: $5,251.00
Unit 1
  • Actual Rent: $710.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $710.00
Unit 2
  • Actual Rent: $650.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $650.00
Unit 3
  • Actual Rent: $750.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $750.00
Unit 4
  • Actual Rent: $450.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $450.00
Unit 5
  • Actual Rent: $735.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $735.00
Unit 6
  • Actual Rent: $600.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $600.00
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 123 Oak Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 123 Oak Street

Taxable ValueLand$7,600Additions$67,400Total$75,000
Home Facts
Total Finished SqFt3,356 SqFtAbove Grade Finished SqFt3,356 SqFtUnfinished Basement SqFt1,064 SqFtStories2Lot Size8,750 SqFtStyleMulti-Family Res (5+ Units)Year Built1960CountyBROOMEAPN030200 160.39-3-3

Schools near 123 Oak Street

This home is within Binghamton City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 7 to 12
Rating
School
Distance
Horace Mann School
PublicPK to 5

West Middle School
Public6 to 8

Binghamton High School
Public9 to 12

Seton Catholic-Central High School
Private7 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.

Similar Homes

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123 Oak Street is a multi-family home for sale in Binghamton, NY 13905. This property was listed for sale on September 28, 2024 by INNOVATIVE COMMERCIAL ADVISORS, it's currently listed at $299,999. It has been on the market for a total of 0 days and was last sold on August 18, 2022. This listing's school district is Binghamton City School District. Nearby schools include Horace Mann School, West Middle School and Binghamton High School. 123 Oak Street is a 6-bed, 0-bath, 3,356 sqft multi-family home built in 1960.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

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.