Property profile & analytics
2 Mitchell Ave Binghamton, NY 13903-1602
- Investment properties
- 2,752 SF
- 0.17 lot acres
Location Intelligence
Property ID
US63-1339575
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Laundromat / Laundry Service
- BC Broome County Laundry / Laundry
Property Details for 2 Mitchell Ave
- Year built
- 1970
- Lot size
- 0.17 lot acres
- Property size
- 2,752 SF
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 030200 160.72-3-3
- APU
- 302001607233
Description
This exceptional investment opportunity presents a unique chance to acquire a thriving multi-business property located at 2 Mitchell Ave, Binghamton, NY. The property encompasses a well-established laundromat equipped with 28 washers and 23 dryers, ensuring efficient and convenient service for customers. This laundromat boasts a proven history of positive annual cash flow, making it a reliable income stream. The substantial potential for revenue growth is undeniable
Value Estimation
by Realmo proprietary methodology
Last update: July 3, 2025
-
AI approach
- CAP return
- Estimation
- Estimation
- $120,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $140,000
- 6.5%
- $155,000
- 7%
- $160,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $160,000
- Geo Method
- $140,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $135,000
- Retail
- $140,000
- Mixed-Use
- $145,000
- Hospitality
- $145,000
- Educational
- $145,000
- Residential Income
- $170,000
- Energy
- $130,000
- Income-Based Land
- $165,000
- Food Service
- $165,000
Location Insight
- Map
- Local Demand
- City
- Binghamton
- County
- Broome
- State
- New York
- Longitude
- -75.9145
- Latitude
- 42.0886
- CBSA code
- 13780
- CBSA name
- BINGHAMTON, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
0
$0.00
$39,300
$78,100
$117,400
-
$62,381
$123,968
$186,349
