Duplex Income
12 LIVINGSTONE ST, Binghamton, NY 13903
- Added:
- Apr 1, 2025
- Days on Market:
- 440
- Last Refresh:
- Jun 14 at 7:06 pm
Property Features for 12 LIVINGSTONE ST
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- 100
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
- Parking features
- Garage, Garage - Detached
- Interior features
- Walk-in Closet
- Exterior features
- Balcony, Garden
- Basement Y/N
- 1
- Appliances
- Refrigerator
- Standard status
- Active
- APN
- 160.65-2-7
- Size
- 2,036 SF
Taxes and HOA fees
- Tax Annual Amount
- 0
Utilities
- Heating system
- Forced Air, Natural Gas
Building Details
- Year built
- 1906
- Year renovated
- 1906
- Floors in Building
- 2
- Flooring type
- Carpet, Hardwood, Tile
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
- Architectural style
- Other
Listing agent Md Zakir Hussain
Listing office ENTER GROUP 100 JACKSON AVE, ENDICOTT, NY
Listing date Apr 1, 2025
MLS# 11460929
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 5‑bedroom home layout with 2 bathrooms, including a living room, dining room, kitchen, and finished basement space
- Features a walk‑in closet and a balcony with garden exterior space
- Detached garage parking plus a garage for convenient off‑street parking
- Heating includes forced air with natural gas; asphalt shingle roof
- Flooring includes hardwood, tile, and carpet throughout
- Built in 1906 with vinyl siding and a refrigerator included
Overview
This multi-unit duplex offers the flexibility to use part of the property as an owner-occupied home while leasing the remaining unit(s). The configuration is presented as a 2-to-4 unit offering, and the public remarks note that utilities are separate, supporting independent tenant billing.
The property is located at 12 Livingstone St in Binghamton, NY 13903, in a stated student rental zone. The listing also notes the location is opposite a school/mosque and describes easy access to nearby amenities, including a hospital, bus line, and downtown.
For buyers or operators seeking a straightforward rental structure, the separate utilities can simplify day-to-day management between units. The duplex format may fit situations where an owner wants to offset housing costs by renting one side while maintaining a residence on the other, or where a buyer plans to operate the property as an income-producing asset across the available unit(s).
The property is located at 12 Livingstone St in Binghamton, NY 13903, in a stated student rental zone. The listing also notes the location is opposite a school/mosque and describes easy access to nearby amenities, including a hospital, bus line, and downtown.
For buyers or operators seeking a straightforward rental structure, the separate utilities can simplify day-to-day management between units. The duplex format may fit situations where an owner wants to offset housing costs by renting one side while maintaining a residence on the other, or where a buyer plans to operate the property as an income-producing asset across the available unit(s).
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.1k | $13.80 |
| − Vacancy | −$2.1k | −$1.04 |
| EGI | $26.0k | $12.77 |
| − OpEx | −$7.8k | −$3.83 |
| NOI | $18.2k | $8.94 |
2,036 SF · lease $13.80/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$259.9K
$227.4K – $303.2K
NOI $18,193 @ 7.0% cap · market cap 7.61%
Second Best
Apartment 5plus
$242.3K
$212.0K – $282.7K
NOI $16,962 @ 7.0% cap · market cap 7.10%
Theoretical Best
Office A
$505.1K
$442.0K – $589.3K
NOI $35,358 @ 7.0% cap · market cap 14.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Map
- City
- Binghamton
- County
- Broome
- State
- New York
- Longitude
- -75.908587
- Latitude
- 42.091722
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Duplex with separate utilities, letting an owner live in one unit and rent the other.
Where is this duplex located?
The property is located at 12 LIVINGSTONE ST Binghamton, NY.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: 5‑bedroom home layout with 2 bathrooms, including a living room, dining room, kitchen, and finished basement space; Features a walk‑in closet and a balcony with garden exterior space; Detached garage parking plus a garage for convenient off‑street parking
