Active

77 Oak Street

Binghamton, NY 13905

$290,000 $1,222/Mo

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Overview

Bed

Bath

2,046

Sqft

0.07

Acre(Lot)

Description

77 Oak Street presents a compelling value-add opportunity in the heart of Binghamton’s established West Side student-housing market. The duplex is offered in as-is condition at $290,000, or approximately $48,333 per bed, compared with an estimated market average of approximately $70,000 per bed for stabilized student-housing properties. Following renovation, the property is projected to generate annual rental income of $57,600 and pro forma net operating income of $38,269. At the asking price, this equates to an approximate 13% pro forma capitalization rate, providing an attractive acquisition basis with meaningful potential for income growth and value creation.

Property Details

Property Type : Residential Income

Price : $290,000

AD Id : 89536924

MLS Id : 337430

Beds : 6

Lot Size : 0.07 Acre

Living Area Size : 2,046

Year Built : 1910

County : Broome

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Room Information

Has Basement: Yes
Flooring Information

Carpet, Tile, Vinyl
Interior Features

Appliances: Gas Water Heater Window Features: Storm Window(s), Insulated Windows
Heating & Cooling

Has Heating: Yes Heating: Baseboard Cooling: None

Building Information

Year Built: 1910 Patio And Porch Features: Porch, Covered Private Pool: No

Lot Information

Lot Dimensions: 25x115 Main Square Feet: 0.07 Acres Lot Description: Level

Listing Price Information

Listing Price: $290000

Tax Information

Parcel Number: 030200-160-047-0003-032-000-0000 Annual Tax: $4194

Virtual Tour

Virtual Tour (External Link)

Parking Information

Driveway

School Information

Elementary School: Horace Mann

Junior High School:

Senior High School:
Location Information

Direction: Leroy to Oak Street WaterSource: Public

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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	1,810 SqFt
17 Wallace Road, Binghamton, NY, 13905	$255,000	5	2	2,200	2,200 SqFt
135 Front Street, Binghamton, NY, 13905	$2,990,000	41	17	19,345	19,345 SqFt
5 Leroy Street, Binghamton, NY, 13905	$699,000	10	--	5,415	5,415 SqFt
5 Riverside Dr. Dr #808, Binghamton, NY, 13905	$189,900	2	2	1,240	1,240 SqFt
5 Riverside Drive #411, Binghamton, NY, 13905	$169,000	2	2	1,270	1,270 SqFt
5 Riverside Drive #207, Binghamton, NY, 13905	$140,000	1	2	920	920 SqFt
12 Florence Avenue, Binghamton, NY, 13905	$199,000	3	1	1,538	1,538 SqFt
19 Clinton Street, Binghamton, NY, 13905	$119,000	2	--	0	0.19 SqFt
41 S Morningside Dr Dr, Binghamton, NY, 13905	$225,000	2	2	1,960	1,960 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 08/20/2026 @ 17:03

MLS: 337430 LISTED BY: Scott Warren, INNOVATIVE COMMERCIAL ADVISORS 607-203-1826 SOURCE: Greater Binghamton Association of REALTORS