7 Tremont Avenue

Binghamton, NY 13903

$825,000
Price
12
Beds
12
Baths
5,712 Sq. Ft.
$144 / Sq. Ft.
5,712
Sq. Ft.
$144
per Sq. Ft.

Description

Solid brick 12-unit building in Binghamton's West Side. Conveniently located near the State Street Bridge interchange, offering quick access to Downtown Binghamton and major highways. Walking distance to South Side Veterans Park, Exchange Street Bridge, and downtown shops and restaurants. Zoned R3 and approved for student housing, this property features 12 one-bedroom units with off-street parking. Recent renovations make it an ideal investment for students or young professionals in a high-demand...Solid brick 12-unit building in Binghamton's West Side. Conveniently located near the State Street Bridge interchange, offering quick access to Downtown Binghamton and major highways. Walking distance to South Side Veterans Park, Exchange Street Bridge, and downtown shops and restaurants. Zoned R3 and approved for student housing, this property features 12 one-bedroom units with off-street parking. Recent renovations make it an ideal investment for students or young professionals in a high-demand rental market.
  1. Listed by Scott Warren • INNOVATIVE COMMERCIAL ADVISORS

Property Details for 7 Tremont Avenue

Architectural Style
MultiFamily
Zoning
Residential Multi Unit
LISTING UPDATED: 10/16/2024 03:04 PM

Property Details for 7 Tremont Avenue

StatusActive
MLS #327712
Days on Market42
Taxes$11,675 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1965
CountyBroome County

Building Information for 7 Tremont Avenue

Building/Complex7 Tremont AveFloor-Stories-Residences12Pet Policy-Year Built1965Building Size-

Property Information for 7 Tremont Avenue

Summary
Location and General Information
  • City: Binghamton
  • County Or Parish: Broome
  • Directions: South of Conklin Ave.
  • Postal City: Binghamton
  • Township: Binghamton
  • State Or Province: NY
  • MLS Area Major: Area 03
  • Postal Code: 13903
  • Zoning Description: Residential Multi Unit
Taxes and HOA Information
  • Parcel Number: 030200-160-065-0002-032-000-0000
  • Tax Annual Amount: $11,675.00
  • Tax Assessed Value: $190,476.00
  • Tax Book Number: 160.65-2-32
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: Driveway
Property
Lot Information
  • Above Grade Finished Area: 5712.0
  • Living Area: 5712.0
  • Lot Features: Level
  • Lot Size Dimensions: 40 ft x 173 ft
Property and Assessments
  • Sign On Property: Yes
  • Year Built: 1965
  • Property Sub Type: Apartment
  • Property SubType Additional: Apartment
  • Property Type: ResidentialIncome
  • Construction Materials: BrickVeneer
Utilities
  • Sewer: PublicSewer
  • Utilities: CableAvailable
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Basement
Interior Features
  • Appliances: ElectricWaterHeater
  • Cooling: No
  • Cooling: None
  • Flooring: Carpet, Hardwood, Tile
  • Heating: Baseboard
  • Heating: Yes
  • Bathrooms Full: 12
  • Bedrooms Total: 12
Room Information
Room 1
  • HumanModified: Yes
Room 2
  • HumanModified: Yes
Room 3
  • HumanModified: Yes
Room 4
  • HumanModified: Yes
Room 5
  • HumanModified: Yes
Room 6
  • HumanModified: Yes
Room 7
  • HumanModified: Yes
Room 8
  • HumanModified: Yes
Room 9
  • HumanModified: Yes
Room 10
  • HumanModified: Yes
Room 11
  • HumanModified: Yes
Room 12
  • HumanModified: Yes
Mobile Home
Mobile/Manufactured Home
  • Human Modified: Yes
Multi Family
Multi-Family Information
  • Number Of Separate Electric Meters: 13
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 12
Income & Expenses Information
  • Fuel Expense: $6,200.00
  • Insurance Expense: $3,884.00
  • Electric Expense: $.00
Unit 1
  • Actual Rent: $750.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $750.00
Unit 2
  • Actual Rent: $750.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $750.00
Unit 3
  • Actual Rent: $.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $.00
Unit 4
  • Actual Rent: $750.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $750.00
Unit 5
  • Actual Rent: $700.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $700.00
Unit 6
  • Actual Rent: $600.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $600.00
Unit 7
  • Actual Rent: $.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $.00
Unit 8
  • Actual Rent: $750.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $750.00
Unit 9
  • Actual Rent: $.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $.00
Unit 10
  • Actual Rent: $750.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $750.00
Unit 11
  • Actual Rent: $850.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $850.00
Unit 12
  • Actual Rent: $890.00
  • Baths Total: 1
  • Beds Total: 1
  • Total Rent: $890.00
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 7 Tremont Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7 Tremont Avenue

Taxable ValueLand$11,100Additions$108,900Total$120,000
Home Facts
Total Finished SqFt5,712 SqFtAbove Grade Finished SqFt5,712 SqFtUnfinished Basement SqFt2,856 SqFtStories2Lot Size6,920 SqFtStyleMulti-Family Res (5+ Units)Year Built1965CountyBROOMEAPN030200 160.65-2-32

Schools near 7 Tremont Avenue

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 - PK to 6
Rating
School
Distance
Macarthur School
PublicPK to 5

West 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.

Similar Homes

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7 Tremont Avenue is a multi-family home for sale in Binghamton, NY 13903. This property was listed for sale on October 12, 2024 by INNOVATIVE COMMERCIAL ADVISORS, it's currently listed at $825,000. It has been on the market for a total of 42 days and was last sold on August 19, 2023. This listing's school district is Binghamton City School District. Nearby schools include Macarthur School, West Middle School and Binghamton High School. 7 Tremont Avenue is a 12-bed, 12-bath, 5,712 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.