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Duplex with Partially Fenced Yard

27 Morgan St, Binghamton, NY 13901

For Sale
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Separate gas and electric meters, along with laundry hookups, serve the two apartments.

Property Size2,069 SF
Lot Size0.23 Acres
Price / SF$72.45
Days on Market21

Property Features for 27 Morgan St

General Information

Standard status Active
Size 2,069 SF
Lot size 0.23 Acres
Property subtype Multifamily

Financials

Asking Price $149,900
Cap Rate 9%
Gross Income $25,200

Site & Location

Highway Access Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR, 1 x 3BR
Multifamily Units 2
Individually Metered Utilities gas, electricity

Additional Details

Tenant in Place Yes

Amenities

laundry hookups
off-street parking
partially fenced backyard

Building Details

Buildings 1
Listing Agency: SVN Innovative Commercial Advisors
Listed By: JAMES LUCENTI · License NY #10401302147
Source: Crexi
Added: Oct 25 Changed: Nov 8 Last Checked: Nov 14 at 2:43AM

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

Rey
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Investment Insights

Based on property information with market context.

This 2,069-square-foot duplex contains two apartments: a two-bedroom unit on the first floor and a three-bedroom unit above. Separate gas and electric meters and laundry hookups serve the units. The property sits on an approximately 9,955-square-foot corner lot with off-street parking and a level backyard that is partly fenced. An operating cap rate of approximately 9% is reported.

The Binghamton property has access to downtown and major highways. Shopping, dining, services, and employment centers are nearby.

Key Highlights

  • 2,069‑square‑foot duplex with a two‑bedroom first‑floor apartment and a three‑bedroom second‑floor apartment
  • Approximately 9,955‑square‑foot corner lot with off‑street parking and a level, partly fenced backyard
  • Separate gas and electric meters; laundry hookups

Property Analytics

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Lease Details

2
Residential units
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

475
Businesses Nearby

Demographics for 13901, NY

20,548
Population
10,148
Households
2
Avg Household Size
40
Median Age
26%
College-Educated
87%
High-School Grad
23.0 sq mi
ZIP Area
893
Density / Sq Mi
$54,165
Median Household Income
$36,897
Median Earnings
$806
Median Rent
$152,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Duplexes in Binghamton, NY

$66.22 Jul
$69.7 Aug
$61.95 Sep
$69.99 Oct

Properties on Market for Duplexes in Binghamton

Jul
Aug
Sep
Oct

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?
Duplex - Separate gas and electric meters, along with laundry hookups, serve the two apartments.
Where is this duplex located?
The property is located at 27 Morgan St Binghamton, NY.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 2,069‑square‑foot duplex with a two‑bedroom first‑floor apartment and a three‑bedroom second‑floor apartment; Approximately 9,955‑square‑foot corner lot with off‑street parking and a level, partly fenced backyard; Separate gas and electric meters; laundry hookups
(607) 354-6206 Call to check price and availability
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