24 Centenary Street

Binghamton, NY 13901

$899,000
Price
12
Beds
6,878 Sq. Ft.
$131 / Sq. Ft.
6,878
Sq. Ft.
$131
per Sq. Ft.

Description

This property offers an exceptional setup for student housing in a prime location. Featuring one 2-bedroom unit and ten 1-bedroom units, it's perfectly situated in the heart of Downtown Binghamton’s student housing market. Just two buildings from Court Street and located near the Koffman Southern Tier Incubator, this solid brick building is within walking distance to all of Downtown Binghamton and the SUNY bus lines. With its strong rental history and rare vacancies, this property is an ideal investment...This property offers an exceptional setup for student housing in a prime location. Featuring one 2-bedroom unit and ten 1-bedroom units, it's perfectly situated in the heart of Downtown Binghamton’s student housing market. Just two buildings from Court Street and located near the Koffman Southern Tier Incubator, this solid brick building is within walking distance to all of Downtown Binghamton and the SUNY bus lines. With its strong rental history and rare vacancies, this property is an ideal investment opportunity to capitalize on the high demand in the competitive student housing market. 73 Court Street and 89 Court Street are also available to purchase as a package with 24 Centenary Street, creating a powerful portfolio investment opportunity. Owning all three properties offers significant advantages in terms of scale, management efficiency, and market influence within Downtown Binghamton’s growing rental market.
  1. Listed by Scott Warren • INNOVATIVE COMMERCIAL ADVISORS

Property Details for 24 Centenary Street

Architectural Style
MultiFamily
Zoning
Downtown Business Distric
LISTING UPDATED: 10/31/2024 12:08 PM

Property Details for 24 Centenary Street

StatusActive
MLS #326999
Days on Market65
Taxes$22,718 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1965
CountyBroome County

Building Information for 24 Centenary Street

Building/Complex24 Centenary StFloor-Stories-Residences11Pet Policy-Year Built1965Building Size-

Property Information for 24 Centenary Street

Summary
Location and General Information
  • City: Binghamton
  • County Or Parish: Broome
  • Directions: Court to Centenary
  • Postal City: Binghamton
  • Township: Binghamton
  • State Or Province: NY
  • MLS Area Major: Area 03
  • Postal Code: 13901
  • Zoning Description: Downtown Business Distric
Taxes and HOA Information
  • Parcel Number: 030200-160-041-0003-035-000-0000
  • Tax Annual Amount: $22,718.00
  • Tax Assessed Value: $355,556.00
  • Tax Book Number: 160.41-3-35
School Information
  • Elementary School: MacArthur
  • Elementary School District: Binghamton
  • High School District: Binghamton
  • Middle Or Junior School District: Binghamton
Parking
  • Garage Spaces: .00
  • Garage: No
  • Parking Features: None
Property
Lot Information
  • Above Grade Finished Area: 6878.0
  • Living Area: 6878.0
  • Lot Features: Level
  • Lot Size Dimensions: 31x65
Property and Assessments
  • Sign On Property: No
  • Year Built: 1965
  • Property Sub Type: Apartment
  • Property SubType Additional: Apartment
  • Property Type: ResidentialIncome
  • Construction Materials: Brick
Utilities
  • Sewer: PublicSewer
  • Utilities: CableAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Basement
Interior Features
  • Appliances: ElectricWaterHeater
  • Cooling: Yes
  • Cooling: CentralAir
  • Flooring: Carpet, Hardwood, Tile
  • Heating: ForcedAir
  • Heating: Yes
  • Bedrooms Total: 12
Room Information
Room 1
  • HumanModified: Yes
Room 2
  • HumanModified: No
Room 3
  • HumanModified: No
Room 4
  • HumanModified: Yes
Room 5
  • HumanModified: No
Room 6
  • HumanModified: No
Room 7
  • HumanModified: No
Room 8
  • HumanModified: No
Room 9
  • HumanModified: No
Room 10
  • HumanModified: No
Room 11
  • HumanModified: No
Mobile Home
Mobile/Manufactured Home
  • Human Modified: Yes
Multi Family
Multi-Family Information
  • Number Of Separate Electric Meters: 11
  • Number Of Separate Gas Meters: 11
  • Number Of Units Total: 11
Income & Expenses Information
  • Fuel Expense: $.00
  • Gross Income: $114,300.00
  • Insurance Expense: $3,049.00
  • Electric Expense: $2,520.00
  • Operating Expense: $45,203.00
  • Net Operating Income: $63,786.00
Unit 1
  • Actual Rent: $850.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $850.00
Unit 2
  • Actual Rent: $800.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $800.00
Unit 3
  • Actual Rent: $900.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $900.00
Unit 4
  • Actual Rent: $800.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $800.00
Unit 5
  • Actual Rent: $825.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $825.00
Unit 6
  • Actual Rent: $925.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $925.00
Unit 7
  • Actual Rent: $900.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $900.00
Unit 8
  • Actual Rent: $825.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $825.00
Unit 9
  • Actual Rent: $800.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $800.00
Unit 10
  • Actual Rent: $900.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $900.00
Unit 11
  • Actual Rent: $1,000.00
  • Baths Total: 1
  • Beds Total: 2
  • Total Rent: $1,000.00
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 24 Centenary 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 24 Centenary Street

Taxable ValueLand$19,250Additions$204,750Total$224,000
Home Facts
Total Finished SqFt5,602 SqFtAbove Grade Finished SqFt5,602 SqFtUnfinished Basement SqFt1,276 SqFtStories4Lot Size1,742 SqFtStyleMulti-Family Res (5+ Units)Year Built1965CountyBROOMEAPN030200 160.41-3-35

Schools near 24 Centenary Street

This home is within Binghamton City School District.
Rating
School
Type
Grades
Distance
Macarthur School
Public - PK to 5
East Middle School
Public - 6 to 8
Binghamton High School
Public - 9 to 12
St John The Evangelist School
Private - PK to 6
Rating
School
Distance
Macarthur School
PublicPK to 5

East Middle School
Public6 to 8

Binghamton High School
Public9 to 12

St John The Evangelist School
PrivatePK to 6

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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More information about 24 Centenary Street, Binghamton, NY 13901

24 Centenary Street is a multi-family home for sale in Binghamton, NY 13901. This property was listed for sale on August 27, 2024 by INNOVATIVE COMMERCIAL ADVISORS, it's currently listed at $899,000. It has been on the market for a total of 65 days and was last sold on May 31, 2013. This listing's school district is Binghamton City School District. Nearby schools include Macarthur School, East Middle School and Binghamton High School. 24 Centenary Street is a 12-bed, 0-bath, 6,878 sqft multi-family home built in 1965.

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.