422-424 Conklin Avenue, Binghamton, NY 13903 - MLS #182959

422-424 Conklin Avenue
Binghamton, NY 13903
Binghamton, NY 13903
MLS #182959 Active
$495,00016 Units
32 Bedrooms
12 Bathrooms
0.54 Acres
Property Details
Well Maintained investment property. 100% occupied with waiting list. New rents at $595. All electric appliance and heat, utilities paid by tenants. Coin operated laundry on site. New roof 8/2010. Experienced manager on site who can stay. Apartments updated and in good condition. Financial information available for serious inquiries.
| Unit | Bedrooms | Bathrooms | Total Rooms | Rent/Month |
|---|---|---|---|---|
| 1 | 2 | 1 | 5 | 595 |
| 2 | 2 | 1 | 5 | 595 |
| 3 | 2 | 1 | 5 | 595 |
| 4 | 2 | 1 | 5 | 595 |
| 5 | 2 | 1 | 5 | 595 |
| 6 | 2 | 1 | 5 | 595 |
| 7 | 2 | 1 | 5 | 595 |
| 8 | 2 | 1 | 5 | 595 |
| 9 | 2 | 1 | 5 | 595 |
| 10 | 2 | 1 | 5 | 595 |
| 11 | 2 | 1 | 5 | 595 |
| 12 | 2 | 1 | 5 | 595 |
| Property Details | |
| Style | Greater than Four Family |
| Bedrooms | 32 |
| Number of Units | |
| Unfurnished Units | 16 |
| Furnished Units | 0 |
| Garages | 0 |
| Parking Description | PARKING SPACES |
| Total Square Footage | 14208 |
| Square Footage - Above Grade | 14208 |
| Square Footage - Below Grade | |
| Square Footage - Other | |
| Year Built | 1982 |
| Acreage | 0.54 |
| Lot Size | 85 x 275 |
| Lot Description | SLOPE UP FROM ROAD |
| Exterior Features | CABLE AVAILABLE,PORCH COVERED,SATELLITE DISH |
| Appliances | |
| Special Features | |
| Floors | CARPET AND VINYL,LAMINATE |
| Items To Remain | |
| Tax Map | 161.39-1-15 |
| Assessment | 260000 |
| Zoning | Res |
| School District | Binghamton |
| Elementary School | Benjamin Franklin |
| Expenses | |
| Vacancy | 1960 |
| Management | 5240 |
| Taxes | 22375 |
| Insurance | 2845 |
| Heat | 0 |
| Electricity | 2148 |
| Gas | 0 |
| Maintenence | 4500 |
| Water/Sewer | 8785 |
| Other/Garbage | 1328 |
| Total Year Expenses | 50598 |
| Gross Operating Income | 100623 |
| Year Operating Expenses | |
| Net Operating Income | 50025 |
| Cap Rate % | |
| Utilities | |
| Fuel | ELECTRICITY |
| Heating System | BASEBOARD |
| Cooling | NONE |
| Water Heater | ELECTRIC |
| Water | PUBLIC |
| Sewer | PUBLIC |
| Foundation | SLAB |
| Number of Electric Meters | 17 |
| Number of Gas Meters | 0 |
| Number of Water Meters | 1 |
| Circuit Breakers | |
| Fuses | |
| Number of Amps | |
| Number of Volts | |
Map & Directions
Conklin Avenue to corner of Felters Road
Map for 422-424 Conklin Avenue, Binghamton, NY 1390342.100192-75.876932
Map locations are not exact and are meant to be an estimated reference only.
In addition to this Multi-Family real estate property, we have hundreds of addtional Binghamton real estate listings and homes for sale and Broome County real estate listings and homes for sale.

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