38 Colfax Avenue
Binghamton, NY 13905
3
Bed
2
Bath
1,322Sqft
0.11Acre(Lot)
Investor opportunity! Solid home on a quiet, desirable street. Updates completed over recent years allow for an immediate plug-and-play rental investment. Features a reliable, long-term tenant family who pays all utilities. Offered at an attractive 8.6% cap rate, this property offers a strong return from day one. With 3 bedrooms, 2 full baths, and 2 distinct living areas, it offers an ideal layout for long-term tenant demand. Don’t miss this outstanding opportunity!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Rooms Total: 10 Has Basement: Yes -
Flooring Information
Hardwood, Vinyl -
Interior Features
Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Forced Air
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Building Information
Year Built: 1940 Construction Materials: Shake Siding, Stucco Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 45x105 Main Square Feet: 0.11 Acres Lot Description: Level
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Listing Price Information
Listing Price: $158000
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Tax Information
Annual Tax: $3693
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Virtual Tour
Parking Information
Attached, GarageGarage Information
Has Garage: Yes Has Attached Garage: Yes Garage Space: 1
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School Information
Elementary School: Woodrow WilsonJunior High School:Senior High School: -
Utility Information
Cable Available -
Location Information
Direction: Clinton to Colfax Ave WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 7 Johnson Rd Rd, Binghamton, NY, 13905 | $238,000 | 3 | 2 | 1,810 | 0.21 Acre |
| 27 Rosedale Drive, Binghamton, NY, 13905 | $195,000 | 3 | 1 | 1,144 | 0.11 Acre |
| 5 Leroy Street, Binghamton, NY, 13905 | $699,000 | 10 | -- | 5,415 | 0.12 Acre |
| 5 Riverside Drive #509, Binghamton, NY, 13905 | $200,000 | 2 | 2 | 1,275 | -- |
| 5 Riverside Drive #711, Binghamton, NY, 13905 | $195,000 | 2 | 2 | 1,270 | -- |
| 15 Conti Court, Binghamton, NY, 13905 | $479,400 | 3 | 3 | 2,386 | 0.37 Acre |
| 12 Florence Avenue, Binghamton, NY, 13905 | $185,000 | 3 | 1 | 1,538 | 0.17 Acre |
| 4 Oak Street #11, Binghamton, NY, 13905 | $235,000 | 2 | 3 | 1,650 | 3.97 Acres |
| 19 Clinton Street, Binghamton, NY, 13905 | $119,000 | 2 | -- | 0 | 0.19 Acre |
| 64 Terrace Drive, Binghamton, NY, 13905 | $189,900 | 4 | 2 | 1,241 | 0.18 Acre |
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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 10/06/2026 @ 11:16
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