140 Chapin Street, Binghamton, NY 13905
Local realty services provided by:CENTURY 21 North East
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:314 day(s) ago
- Updated:June 06, 2026 at 02:42 PM
Rooms and interior
- Bedrooms:14
- Flooring:Carpet, Hardwood, Tile
- Living area:6,117 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1950
- Building area:6,117 sq. ft.
- Lot Features:Level
- Architectural Style:MultiFamily
- Construction Materials:Cedar
- Foundation Description:Basement
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
Features and amenities
- Appliances:Gas Water Heater
Parking
- Parking description:Driveway
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