158 Chapin Street
Binghamton, NY 13905 · Broome County
Price
$370,000
Bed / Bath
—
Interior
3,231 sqft
Lot
6,050 sqft lot
Built
1960
About this home
Turn-key investment opportunity! Excellent 5-unit multi-family property featuring five individual 1-bedroom apartments delivering a strong Net Operating Income (NOI) of $37,539 after expenses, representing a solid 10% cap rate. Total landlord utility expenses (electric, gas, water, and sewer) are $8,809/year. The property includes high-speed internet bundled into operations to power the remote-accessible security camera system, which transfers to the new owner upon sale. Well-maintained with a solid rental history, established annual rent schedules, cooperative tenants aware of the sale, and full compatibility with local housing assistance programs. A fantastic addition to any portfolio!
Mechanical
Heating
Gas, Forced Air
Schools
District
Binghamton
Tax & finance
Annual taxes
$3,579
Financing
Conventional
MLS Attribution
Listing courtesy of Keller Williams Realty Southern Tier & Finger Lakes. Listing agent: James Connor. Data last updated 7/30/2026. Information deemed reliable but not guaranteed; should be independently verified. © NYS Alliance of MLSs.
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