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140 Chapin Street, Binghamton, NY 13905

Local realty services provided by:CENTURY 21 North East
140 Chapin Street,Binghamton, NY 13905
$725,000
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  • 14 Beds
  • - Baths
  • 6,117 sq. ft.
  • Multi-family
  • Active
Listed by: scott warren
Office: innovative commercial advisors
MLS#:334004
Source:NY_GBAR

Price summary

  • Price:$725,000
  • Price per sq. ft.:$118.52

About this home

Introducing 140 Chapin St, a prime investment opportunity in Binghamton, NY. This 6,117 SF building, boasting 11 units, presents a lucrative student housing investment in an excellent location in Binghamton's West Side. The property enjoys a high 92.8% occupancy rate, ensuring immediate income generation. Zoned R-3, it offers flexibility for future development. Situated in one of the most established areas for student housing in the Binghamton market and walking distance to Downtown Binghamton ensures a steady occupancy and cash flow. Many of the rents are below market rent creating an opportunity for significant value add without the large renovation costs.

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Home facts

  • Year built:1950
  • Listing ID #:334004
  • Added:52 day(s) ago
  • Updated:December 25, 2025 at 03:46 PM

Rooms and interior

  • Bedrooms:14
  • Living area:6,117 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1950
  • Building area:6,117 sq. ft.

Schools

  • Elementary school:Horace Mann

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$725,000
  • Price per sq. ft.:$118.52
  • Tax amount:$10,731

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