81 BALDWIN ST, Binghamton, NY 13903
81 BALDWIN ST, Binghamton, NY 13903
81 BALDWIN ST, Binghamton, NY 13903
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$198,000
Est. payment /mo
4 Beds
3 Baths
2,350 SqFt
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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,350 sqft

Price per Sqft $84

MLS Listing ID 11683470

Bedrooms 4

Full Baths 3

Year Built 1920

Annual Tax Amount $3,580

Lot Size 3,978 Sqft

Property Description

Prime 3-Family Investment + Buildable Lot | Southside Binghamton Turnkey cash-flow opportunity in the heart of Broome County! This fully detached 3-family property comes package deal with an adjacent buildable lot, offering immediate income + future development upside. This well-maintained asset features approximately 2,300 SF of living space across three units, all currently rented on month-to-month leases, giving the new owner flexibility to increase rents or reposition the asset. Property Breakdown: Unit 1 (2nd Floor): 2 Bedrooms, 1 Bath - $1,250/month Unit 2 (1st Floor Rear): 1 Bedroom, 1 Bath - $775/month Unit 3 (1st Floor Front): 1 Bedroom, 1 Bath - $700/month Total Current Income: $2,725/month ($32,700/year) Strong upside potential with rent increases and value-add improvements Key Features: Fully detached building New furnaces & new hot water tank Low maintenance expenses Spacious backyard Lot size: 51 x 78 All tenants month-to-month (maximum flexibility) BONUS: INCLUDED DEVELOPMENT LOT Adjacent lot at 79 Baldwin St (52 x 84) included in the sale ️ Potential to build an additional 2-family property (verify with city) ️ Ideal for investors looking to increase density + maximize ROI Location Highlights: Prime Southside Binghamton location Close to shops, transportation, and schools Minutes to major highways ~10 minutes to Downtown Binghamton Investment Highlights: Immediate cash flow Value-add + rent growth potential Development opportunity included Low operating costs = higher returns

Location

State NY

County 36007

Rooms

Basement Full

Dining Room 0

Kitchen Open

Exterior

Parking Features Detached

Building

Story 3

Sewer Municipal

Water Municipal

Structure Type Frame


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Hal Blake
Hal Blake

Broker License ID: 10491210994

+1(718) 608-4892

1110 South Ave, Staten Island, NY 10314-3403, USA

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81 BALDWIN ST