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105 Pennsylvania Avenue

Binghamton, NY 13903
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$425,000 $1,791/Mo
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Bed 6

Bed

Bath 6

Bath

SqFt4,050

Sqft

Acres0.14

Acre(Lot)

6 UNITS. 10.57% CAP RATE. IMMEDIATE CASH FLOW. A true 6-unit apartment building on one deed—a configuration that's genuinely difficult to find in today's market! Spanning approximately 4,000 square feet, the property features 6 spacious 1BR units w/ hardwood & luxury vinyl plank flooring throughout. Tenant-paid electric keeps operating expenses low, directly supporting the strong in-place returns. This is a true turnkey-or-upside opportunity: operate as-is and collect strong cash flow from day one, or update the units and push rents even higher. Four units are currently occupied; two tenants recently moved out — the landlord is intentionally holding one unit open for showings, while the other is heading to market soon. Rents stated reflect the actual, in-place rents collected. Perfect for investors expanding a multifamily portfolio or completing a 1031 exchange—a rare chance to own a proven, income-producing asset w/ immediate cash flow & real room to grow.

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Detail Ic Property Details

Property Type : Residential Income

Price : $425,000

AD Id : 88311355

MLS Id : 337106

Beds : 6

Lot Size : 0.14 Acre

Living Area Size : 4,050

Year Built : 1970

County : Broome

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Feature Features

  • Bedroom Information

    Total beds: 6

    Bathroom Information

    Full Baths: 6

  • Flooring Information

    Carpet, Hardwood, Vinyl

  • Interior Features

    Appliances: Gas Water Heater

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air Has Cooling: Yes Cooling: Wall/Window Unit(s)

  • Building Information

    Year Built: 1970 Private Pool: No

  • Lot Information

    Lot Dimensions: 100 ft x 60 ft Main Square Feet: 0.14 Acres Lot Description: Level

  • Listing Price Information

    Listing Price: $425000

  • Tax Information

    Annual Tax: $6907

  • School Information

    Elementary School: MacArthur
    Junior High School:
    Senior High School:

  • Utility Information

    Cable Available

  • Location Information

    Direction: Vestal Ave to Pennsylvania Ave. Property on the left. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
899 Conklin Road, Binghamton, NY, 13903 $105,000 3 1 1,500 1,500 SqFt
4467 Brady Hill Road, Binghamton, NY, 13903 $50,000 3 1 1,610 1,610 SqFt
14 Muckey Road, Binghamton, NY, 13903 $259,000 4 3 2,600 2,600 SqFt
277 Woodside Avenue, Binghamton, NY, 13903 $264,900 3 2 1,654 1,654 SqFt
4182 Murphy Road, Binghamton, NY, 13903 $665,000 7 5 6,120 6,120 SqFt
12 St Clair Ave, Binghamton, NY, 13903 $84,900 3 2 1,239 1,239 SqFt
2 Lillian Drive, Binghamton, NY, 13903 $267,900 2 2 1,345 1,345 SqFt
55 Powers Road, Binghamton, NY, 13903 $119,900 3 2 1,296 1,296 SqFt
94-96 Decatur Street, Binghamton, NY, 13903 $79,500 2 1 983 983 SqFt
29 Delmar Street St, Binghamton, NY, 13903 $159,999 3 2 1,064 1,064 SqFt

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Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2026 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.

ByOwner last updated this listing 07/25/2026 @ 05:29

MLS: 337106 LISTED BY: Michele DePrato, 4HG Real Estate 607-201-8904 SOURCE: Greater Binghamton Association of REALTORS

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