5-Unit Multifamily with
For Sale
$300,000
288 Robinson Street, Binghamton, NY 13904
Well-maintained 5-unit property on a corner lot with four garages and a coin-operated basement laundry area.
Property Size3,600 SF
Days on Market76
Property Features for 288 Robinson Street
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Multifamily
Additional Details
Multifamily Units
5
Building Details
Building Size
3,600 SF
Tenancy
Multi
Listing Agency:
SVN Innovative Commercial Advisors
(607) 725-2246
Listed By:
Lisberto Calvo · License #10301220936
(607) 725-2246
Source:
Svn
Added: Jun 17
Changed: Aug 31
Last Checked: Aug 31 at 12:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Innovative Commercial Advisors
Investment Insights
Based on property information with market context.
This well-maintained 5-unit multifamily property includes four apartments in the main building plus an attached single-family-style unit, creating a distinctive layout for tenants. The property features a coin-operated laundry area in the basement and four garages, with two currently generating additional rental income. Separate utility metering supports individual management, including separate electric meters for the main structure and separate electric and gas meters for the attached unit.
The building is situated on a corner lot. Reported major capital improvements include a metal roof (approximately 16 years old), a shingle roof section on the main building (approximately 8 years old), and a garage roof (approximately 8 years old). Additional updates include new blown-in insulation, many newer windows, and a well-maintained combi boiler serving the main building.
Configured as a mix of multi-unit and attached single-family-style space, the property also includes garage revenue potential and on-site laundry facilities, supported by a history of maintenance and upgrades described in the remarks.
The building is situated on a corner lot. Reported major capital improvements include a metal roof (approximately 16 years old), a shingle roof section on the main building (approximately 8 years old), and a garage roof (approximately 8 years old). Additional updates include new blown-in insulation, many newer windows, and a well-maintained combi boiler serving the main building.
Configured as a mix of multi-unit and attached single-family-style space, the property also includes garage revenue potential and on-site laundry facilities, supported by a history of maintenance and upgrades described in the remarks.
Key Highlights
- Well‑maintained 5‑unit property on a corner lot: four apartments plus an attached single‑family‑style unit
- Income potential includes 4 garages, with 2 currently generating additional rental income
- Coin‑operated laundry area in the basement provides an additional income stream
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
377
Businesses Nearby
Explore this area
Business Placement
Demographics for 13904, NY
9,236
Population
3,962
Households
2.3
Avg Household Size
46
Median Age
19%
College-Educated
81%
High-School Grad
23.7 sq mi
ZIP Area
390
Density / Sq Mi
$56,794
Median Household Income
$36,038
Median Earnings
$884
Median Rent
$111,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Well-maintained 5-unit property on a corner lot with four garages and a coin-operated basement laundry area.
Where is this apartment building located?
The property is located at 288 Robinson Street Binghamton, NY.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Well‑maintained 5‑unit property on a corner lot: four apartments plus an attached single‑family‑style unit; Income potential includes 4 garages, with 2 currently generating additional rental income; Coin‑operated laundry area in the basement provides an additional income stream
