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3-Unit Residential Triplex
New
For Sale
$139,900

38 Mary Street, Binghamton, NY 13903

The apartment mix includes two three-bedroom units and one one-bedroom unit, each with separate utilities.

Property Size2,090 SF
Price / SF$66.94
Days on Market5

Property Features for 38 Mary Street

General Information

Standard status Active
Size 2,090 SF
Property subtype Residential Income
Zoning R2, R2

Units

Unit Mix 2 x 3BR, 1 x 1BR
Multifamily Units 3
Individually Metered Utilities unspecified utilities

Additional Details

Public Transit Yes
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $3,502

Building Details

Building Size 2,090 SF
Year Built 1900
Buildings 1
Units 3
Listing Agency: HOWARD HANNA
Listed By: Diane M Kerth
Source: Gehlcorealty
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 3:23PM

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

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Investment Insights

Based on property information with market context.

This 2,090-square-foot residential triplex contains two three-bedroom apartments and one one-bedroom apartment. Each unit has its own utility service. Property improvements include vinyl siding, two recently installed hot water heaters, and newer roofing on the rear portion of the house. The building dates to 1900 and is zoned R2.

The property is near SUNY and local stores, with bus service along the street. Units are vacant except for one apartment occupied on a month-to-month lease; that unit can be shown with 24 hours’ notice.

Key Highlights

  • Three apartments: two three‑bedroom units and one one‑bedroom unit
  • 2,090 square feet; built in 1900
  • Separate utilities for each apartment

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,242
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?
Triplex - The apartment mix includes two three-bedroom units and one one-bedroom unit, each with separate utilities.
Where is this triplex located?
The property is located at 38 Mary Street Binghamton, NY.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: Three apartments: two three‑bedroom units and one one‑bedroom unit; 2,090 square feet; built in 1900; Separate utilities for each apartment
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