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36 & 36.5 Fayette St St

Binghamton, NY 13903
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Bed 18

Bed

Bath 11

Bath

SqFt8,024

Sqft

Acres0.18

Acre(Lot)

Excellent Downtown Binghamton multifamily investment opportunity featuring two separate buildings with a total of 11 fully rented apartments generating $10,425 per month in rental income—$125,100 annually. This income-producing asset combines strong cash flow with extensive recent capital improvements and a consistent occupancy history. The property features separate electric meters with tenants paying their own electric, helping reduce owner expenses and improve operating efficiency. Major improvements include newer roofs installed in 2019 and 2025, along with numerous interior updates completed throughout the property, including flooring, kitchens, bathrooms, and appliances. Conveniently located near Downtown Binghamton, public transportation, dining, entertainment, and the Mirabit o Stadium, the property is well positioned within an active rental corridor. Opportunity to acquire a stabilized multifamily asset with immediate cash flow and long-term investment potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $899,900

AD Id : 91272641

MLS Id : 337962

Beds : 18

Lot Size : 0.18 Acre

Living Area Size : 8,024 Sq. Ft

Tax Amount : $16,206

Year Built : 1940

County : Broome

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Feature Features

  • Bedroom Information

    Total beds: 18

    Bathroom Information

    Full Baths: 11

    Room Information

    Has Basement: Yes
  • Flooring Information

    Carpet, Hardwood, Tile, Vinyl
  • Interior Features

    Appliances: Gas Water Heater, Range, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Steam Cooling: None

  • Building Information

    Year Built: 1940 Construction Materials: Aluminum Siding Patio And Porch Features: Enclosed, Porch Private Pool: No

  • Lot Information

    Lot Dimensions: 60X132 Main Square Feet: 0.18 Acres Lot Description: Level

  • Listing Price Information

    Listing Price: $899900 Original Price: $949900

  • Tax Information

    Annual Tax: $16206

  • Parking Information

    On Street

  • School Information

    Elementary School: MacArthur
    Junior High School:
    Senior High School:
  • Location Information

    Direction: Court St. to Fayette WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
72.5 Mary Street #5, Binghamton, NY, 13903 $159,000 4 2 2,000 5,480 Sq. Ft
164 Smith Road, Binghamton, NY, 13903 $299,500 4 2 2,620 26.40 Acres
277 Woodside Avenue, Binghamton, NY, 13903 $249,900 3 2 1,654 0.40 Acre
5 Mac George Avenue, Binghamton, NY, 13903 $209,900 5 2 1,579 0.22 Acre
4182 Murphy Road, Binghamton, NY, 13903 $599,000 6 5 6,120 5.66 Acres
4096 Saddlemire Road, Binghamton, NY, 13903 $299,900 3 3 2,035 1.80 Acres
2490 Stephanie Lane, Binghamton, NY, 13903 $205,000 3 2 1,980 11,250 Sq. Ft
55 Powers Road, Binghamton, NY, 13903 $84,900 3 2 1,296 0.39 Acre
8-10 Harding Avenue, Binghamton, NY, 13903 $74,900 2 1 860 0.47 Acre
57 Saratoga Avenue, Binghamton, NY, 13903 $65,500 1 1 520 4,725 Sq. Ft

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 10/08/2026 @ 03:14

MLS: 337962 LISTED BY: Amity Deubler, eXp REALTY 888-276-0630 SOURCE: Greater Binghamton Association of REALTORS

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