Residential Income Property with 3
36 Acre Place, Kirkwood, NY 13904
MULTI_FAMILY - KIRKWOOD, NY
Property size:
2,856 SFLot size:
1.00 AcrePrice / SF:
$159/SF- Added:
- May 11, 2026
- Days on Market:
- 35
- Last Refresh:
- Jun 14 at 7:06 pm
Property Features for 36 Acre Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 4
- Bathrooms
- 5
- Rooms
- Bedroom 2, Bedroom 3, Basement, Bathroom 5, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 4
- Parking features
- Open, Garage, Heated
- Patio and Porch features
- Porch, Patio
- Exterior features
- COVERED PATIO, COVERED PORCH, INSULATED WINDOWS, LANDSCAPED, OPEN PATIO, TREES
- Appliances
- DISHWASHER, RANGE/STOVE, REFRIGERATOR
- Standard status
- Active
- APN
- 033400-162-005-0001-017-000-0000
- Size
- 2,856 SF
- Lot size
- 1.00 Acre
Utilities
- Heating system
- Radiant, Baseboard, Forced Air, Hot Water(Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2010
- Number of units
- 3
- Flooring type
- Hardwood
- Building materials
- Vinyl
- Architectural style
- Other
Listing agent John J. Burns Jr (607) 725-2122
Listing office KELLER WILLIAMS REALTY GREATER BINGHAMTON 49 Court Street Suite 300B Suite 300B, Binghamton, NY (607) 722-0722
Listing date May 11, 2026
MLS# 335845
Listing URL
Copyright © 2026 Greater Binghamton Association of Realtor. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 3 units in 2 buildings on one deed, including an almost‑new single‑family plus a totally rebuilt renovated 2‑family
- 2010 construction with central air and multiple heating types including forced air, baseboard, radiant, and hot water (heating)
- Owner residence includes a 2‑car garage and a spacious living area on the second level, with a garage level designed to be converted to additional living space
- Concrete floors with radiant heat and insulated windows
- Deep, fenced backyard with fruit trees plus blueberry and raspberry plants, with a concrete patio
- Multiple appliances included: dishwasher, range/stove, and refrigerator
Overview
This residential income property consists of three units across two buildings on one deed. The rear structure is described as an almost-new single-family house, built for owner-occupancy, with a spacious living area on the second level and a two-car garage. The garage level is oversized and designed to be converted into additional living space, and the home includes central air conditioning and concrete floors with radiant heat. Outdoors, there is a deep, fenced-in backyard with a concrete patio and landscaping that includes fruit trees, blueberries, and raspberries.
The front building is described as a totally rebuilt, renovated 2-family. The property also provides plenty of paved parking, supporting convenient day-to-day access for residents and guests.
For tenants or owner-occupants seeking flexibility, the layout offers a combination of a single-family residence plus an additional two-family component on the same parcel. The described presence of central air, radiant heat, and updated apartments may appeal to renters looking for modern comfort, while the ability to convert the garage level provides additional on-site customization within the owner’s home.
The front building is described as a totally rebuilt, renovated 2-family. The property also provides plenty of paved parking, supporting convenient day-to-day access for residents and guests.
For tenants or owner-occupants seeking flexibility, the layout offers a combination of a single-family residence plus an additional two-family component on the same parcel. The described presence of central air, radiant heat, and updated apartments may appeal to renters looking for modern comfort, while the ability to convert the garage level provides additional on-site customization within the owner’s home.
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 | $39.4k | $13.80 |
| − Vacancy | −$3.0k | −$1.04 |
| EGI | $36.5k | $12.77 |
| − OpEx | −$10.9k | −$3.83 |
| NOI | $25.5k | $8.94 |
2,856 SF · lease $13.80/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$364.6K
$319.0K – $425.3K
NOI $25,520 @ 7.0% cap · market cap 5.61%
Second Best
Apartment 5plus
$339.9K
$297.4K – $396.6K
NOI $23,793 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$708.5K
$620.0K – $826.6K
NOI $49,598 @ 7.0% cap · market cap 10.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Kirkwood
- County
- Broome
- State
- New York
- Longitude
- -75.843587
- Latitude
- 42.105406
FAQs
What type of property is this?
Duplex - Three units on one deed, including an almost-new single-family and an updated two-family with modern finishes and parking.
Where is this duplex located?
The property is located at 36 Acre Place Kirkwood, NY.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 3 units in 2 buildings on one deed, including an almost‑new single‑family plus a totally rebuilt renovated 2‑family; 2010 construction with central air and multiple heating types including forced air, baseboard, radiant, and hot water (heating); Owner residence includes a 2‑car garage and a spacious living area on the second level, with a garage level designed to be converted to additional living space
