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Four-Unit Multifamily Property
For Sale
$265,000

2 Burr Avenue, Binghamton, NY 13903

Separate utilities and long-term occupants support the property’s established residential configuration.

Property Size3,828 SF
Price / SF$69.23
Days on Market12

Property Features for 2 Burr Avenue

General Information

Standard status Active
Size 3,828 SF
Property subtype Residential Income
Zoning Res, Res

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $10,802

Amenities

Attic
Permanent Attic Stairs
Porch

Building Details

Building Size 3,828 SF
Year Built 1925
Units 4
Listing Agency: HOWARD HANNA
Listed By: Diane M Kerth
Source: Gehlcorealty
Added: Oct 20 Changed: Oct 25 Last Checked: Oct 29 at 10:06PM

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 HOWARD HANNA

Rey
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Investment Insights

Based on property information with market context.

This 3,828-square-foot multifamily property at 2 Burr Avenue in Binghamton was built in 1925. The building has a walk-up attic and a full walkout basement, with blown-in insulation in the sidewalls and attic. Residential zoning is noted for both parcels.

The purchase includes a vacant 40-by-110-foot lot used for parking. The building has separate utilities and long-term tenants.

Key Highlights

  • 3,828‑square‑foot multifamily property built in 1925
  • Includes a 40‑by‑110‑foot vacant lot used for parking
  • Full walkout basement and walk‑up attic

Property Analytics

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Open Analytics

Location Intelligence

Trade Area within ½ mile

209
Businesses Nearby

Demographics for 13903, NY

18,140
Population
8,620
Households
2.1
Avg Household Size
41
Median Age
36%
College-Educated
92%
High-School Grad
39.5 sq mi
ZIP Area
459
Density / Sq Mi
$61,244
Median Household Income
$39,811
Median Earnings
$863
Median Rent
$144,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - Separate utilities and long-term occupants support the property’s established residential configuration.
Where is this quadplex located?
The property is located at 2 Burr Avenue Binghamton, NY.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: 3,828‑square‑foot multifamily property built in 1925; Includes a 40‑by‑110‑foot vacant lot used for parking; Full walkout basement and walk‑up attic
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