Under Contract

28 Lydia Street

Binghamton, NY 13905

$249,000 $1,049/Mo

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Overview

Bed

Bath

2,500

Sqft

0.13

Acre(Lot)

Description

4-UNIT MONEY MAKER INVESTMENT OPPORTUNITY with strong turn key 17% cap rate! Featuring two 2BR & two 1BR units. 2BR rented for $1200/m, 1BR rented for $1100/m, 2BR currently rented at $1,100/month (below market), one BR being rented soon @$1100/m. All units include utilities, highly desirable for tenants & supports strong occupancy. Interiors updated with new flooring, cabinets, & appliance suites including SS refrigerators, microwaves & gas ranges. Major capital improvements include new roof & hot water heaters, newer furnace, updated plumbing, electrical, & replacement windows. Clean, efficient layouts w/ modern finishes throughout. Off-street parking with additional rear space offering potential to expand parking. Washer & dryer on site with added income potential through coin-op conver sion. Turnkey asset with immediate cash flow and strong upside. Cap rate approx. 17%. Excellent opportunity for investor seeking high return property. LOW TAXES

Property Details

Property Type : Residential Income

Price : $249,000

AD Id : 80070920

MLS Id : 336290

Beds : 6

Lot Size : 0.13 Acre

Living Area Size : 2,500

Year Built : 1960

County : Broome

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Bathroom Information

Full Baths: 4
Flooring Information

Vinyl
Interior Features

Appliances: Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer Laundry Features: Gas Dryer Hookup
Heating & Cooling

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

Building Information

Year Built: 1960 Construction Materials: Vinyl Siding Patio And Porch Features: Porch, Covered Private Pool: No

Lot Information

Lot Dimensions: 43 ft x 130 ft Main Square Feet: 0.13 Acres Lot Description: Level

Listing Price Information

Listing Price: $249000

Tax Information

Parcel Number: 030200-144-079-0003-029-000-0000 Annual Tax: $4736

Parking Information

On Street

School Information

Elementary School: Woodrow Wilson

Junior High School:

Senior High School:
Utility Information

Cable Available
Location Information

Direction: Oak St To Lydia. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
7 HOUSES Portfolio- See.., Binghamton, NY, 13905	$850,000	30	13	1	1 SqFt
162 Oak Street, Binghamton, NY, 13905	$144,900	5	2	1,260	1,260 SqFt
197 Oak Street, Binghamton, NY, 13905	$129,000	6	2	2,294	2,294 SqFt
152 Murray Street, Binghamton, NY, 13905	$219,900	9	4	3,986	3,986 SqFt
120 Murray Street, Binghamton, NY, 13905	$349,000	9	4	2,640	2,640 SqFt
159 Murray Street, Binghamton, NY, 13905	$215,000	6	2	2,506	2,506 SqFt
20 Cypress St St, Binghamton, NY, 13905	$159,000	5	3	2,291	2,291 SqFt
40 Lydia Street, Binghamton, NY, 13905	$79,900	6	2	1,796	1,796 SqFt
28 Spring Forest Ave Av.., Binghamton, NY, 13905	$98,000	4	2	1,402	1,402 SqFt
47 Lydia Street, Binghamton, NY, 13905	$95,000	4	2	1,952	1,952 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 06/16/2026 @ 00:00

MLS: 336290 LISTED BY: Michele DePrato, 4HG Real Estate 607-201-8904 SOURCE: Greater Binghamton Association of REALTORS