12 & 14 Blanchard Avenue, Binghamton, NY 13901
Local realty services provided by:CENTURY 21 Jackson Real Estate
Listed by: melissa coolbaugh
Office: warren real estate (vestal)
MLS#:337413
Source:NY_GBAR
Price summary
- Price:$325,900
- Price per sq. ft.:$83.01
About this home
Exceptional 5 unit investment opportunity featuring brand-new metal roofing with a 50-year transferable warranty, each building has a detached two-car garage that can be rented for additional income, all 5 units have had the same tenants for over 6 years each and 12 Blanchard has the potential to add an additional 6th unit. Pictures of the large unfinished attic with rear entrance are in listing. This package currently has strong cash-on-cash performance, excellent ROI, and low maintenance costs. Current annual rents are $48,000, expenses are $12,150, making this package an excellent addition to your portfolio! Two multifamily buildings side by side could be mortgaged as commercial or as two separate 1-4 family loans. All tenants are reliable, long-term tenants that would like to stay. Rents could be raised to meet current market rates for additional income.
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Home facts
- Year built:1910
- Listing ID #:337413
- Added:75 day(s) ago
- Updated:October 24, 2026 at 03:03 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:5
- Full bathrooms:5
- Living area:3,926 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Year built:1910
- Building area:3,926 sq. ft.
- Lot Features:Level
- Architectural Style:MultiFamily
- Construction Materials:Vinyl Siding
- Exterior Features:Covered, Deck, Porch
- Foundation Description:Basement
Schools
- Elementary school:Theodore Roosevelt
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$325,900
- Price per sq. ft.:$83.01
- Tax amount:$7,779
Features and amenities
- Appliances:Gas Water Heater
Parking
- Parking description:2 Car Garage, Detached Garage, Garage
- Garage:Yes
- Garage spaces:4
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