18 Division St Binghamton, NY 13905
- Commercial real estate
- 1,252 SF
Current Use by Public Records
- Commercial real estate
Property Details for 18 Division St
- Year built
- 1940
- Property size
- 1,252 SF
- Property type
- Commercial real estate
- APN
- 030200-159-026-0001-009-000-0000
Description
This newly renovated 1940-built, two-unit apartment building at 18 Division St, Binghamton, NY 13905 presents a compelling investment opportunity. Boasting 1,252 square feet on a spacious 3,640 square foot corner lot, this property offers four off-street parking spaces. Completely renovated in 2024, the building features a brand new roof and updated copper piping from the street to the water meter, ensuring long-term value and reduced maintenance costs. Both units are currently vacant, providing immediate income potential. Each unit includes a newly renovated kitchen with modern appliances and ample counter space, as well as a clean and updated bathroom. Fresh interior and exterior paint, along with new flooring throughout, completes the modern aesthetic. Tenants will enjoy a welcoming front porch and a rear deck. The property is zoned for residential one and two-unit dwellings. The asking price is $199,000, representing $99,500 per unit and $158.95 per square foot. This property is ideal for both investors seeking a strong return and owner-occupants looking to offset expenses. The property's location in Binghamton, Broome County, New York offers convenient access to local amenities and services. The APN is 030200-159-026-0001-009-000-0000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Binghamton
- County
- Broome
- State
- New York
- Longitude
- -75.9481249
- Latitude
- 42.1059866
