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    Well-Maintained Two-Family Home Title is generated by Realmo AI

    9 Hancock Street, Binghamton, NY 13903

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    New
    For Sale
    $195,000

    MULTI_FAMILY - Other - Binghamton, NY

    Property size:
    1,628 SF
    Price / SF:
    $119/SF
    Added:
    Jun 30, 2026
    Days on Market:
    2
    Last Refresh:
    Jul 1 at 7:06 am

    Property Features for 9 Hancock Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Basement, Bedroom 3
    Parking features
    Garage, On Street
    Appliances
    GasWaterHeater
    Standard status
    Active
    APN
    160.58-2-25
    Size
    1,628 SF

    Taxes and HOA fees

    Tax Annual Amount
    61818

    Utilities

    Heating system
    Baseboard, Hot Water(Heating), Natural Gas
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Laminate, Varies, Hardwood
    Building materials
    AluminumSiding, WoodSiding
    Architectural style
    Other

    We can help!

    Contact an agent
    John Farrell

    Listing agent John Farrell License #30FA0760806

    Listing office EXIT Realty Homeward Bound 202 Clubhouse Road, Oneonta, NY

    Listing date Jun 30, 2026

    MLS# R1695028 Listing URL

    Copyright © 2026 New York State Alliance of MLSs, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Two‑family home built in 1900 with spacious interior layout
    • Hardwood flooring plus laminate and varied flooring throughout the home
    • Natural gas heating with hot water (heating) and baseboard heat; gas water heater
    • Public water source
    • Garage parking plus on‑street parking
    • Fully fenced, private large yard for outdoor space

    Overview

    This well-maintained two-family home is set up as a clear owner-occupied or income-producing option. Interior finishes include hardwood floors, with spacious living areas and large closets that can support everyday storage needs. The home also includes outdoor space on a large private lot with a fully fenced yard.

    Located in Binghamton, NY in Broome County, the property is described as convenient to shopping, restaurants, schools, parks, and other local amenities. The listing also indicates easy access to the surrounding area’s day-to-day services.

    For tenants, buyers, or owner-occupants, the two-family layout supports flexible living arrangements while keeping both units within the same property. The combination of in-unit storage (large closets), durable flooring (hardwood floors), and a fenced yard can be practical for renters who want privacy and outdoor space. As presented, the asset may also fit a multi-generational living plan where separate living areas remain under one roof. Please note that specific lease terms, unit-by-unit measurements, and any income details are not provided in the information available.

    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 $22.5k $13.80
    − Vacancy −$1.7k −$1.04
    EGI $20.8k $12.77
    − OpEx −$6.2k −$3.83
    NOI $14.5k $8.94
    1,628 SF · lease $13.80/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $207.8K
    $181.8K – $242.5K (±1% cap)
    NOI $14,547 @ 7.0% cap · market cap 7.46%
    Second Best
    Apartment 5plus
    $193.8K
    $169.5K – $226.1K (±1% cap)
    NOI $13,563 @ 7.0% cap · market cap 6.96%
    Theoretical Best
    Office A
    $403.9K
    $353.4K – $471.2K (±1% cap)
    NOI $28,272 @ 7.0% cap · market cap 14.50%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Binghamton
    County
    Broome
    State
    New York
    Longitude
    -75.90407
    Latitude
    42.092373

    FAQs

    What type of property is this?
    Duplex - Two-unit residence with hardwood floors and a fully fenced yard for private outdoor space.
    Where is this duplex located?
    The property is located at 9 Hancock Street Binghamton, NY.
    What is the asking price?
    The asking price for this property is $195,000.
    What are key features of this property?
    This property features: Two‑family home built in 1900 with spacious interior layout; Hardwood flooring plus laminate and varied flooring throughout the home; Natural gas heating with hot water (heating) and baseboard heat; gas water heater
    More about this property
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