28 Lydia Street, Binghamton, NY 13905
Local realty services provided by:CENTURY 21 North East
Listed by: michele l deprato
Office: 4hg real estate
MLS#:335166
Source:NY_GBAR
Price summary
- Price:$249,000
- Price per sq. ft.:$99.6
About this home
4-UNIT MONEY MAKER INVESTMENT OPPORTUNITY with strong turn key 17% cap rate! Featuring two 2BR & two 1BR units. 2BR rented for $1200/m, 1BR rented for $1100/m, 2BR currently rented at $1,100/month (below market), one BR being rented soon @$1100/m. All units include utilities, highly desirable for tenants & supports strong occupancy. Interiors updated with new flooring, cabinets, & appliance suites including SS refrigerators, microwaves & gas ranges. Major capital improvements include new roof & hot water heaters, newer furnace, updated plumbing, electrical, & replacement windows. Clean, efficient layouts w/ modern finishes throughout. Off-street parking with additional rear space offering potential to expand parking. Washer & dryer on site with added income potential through coin-op conversion. Turnkey asset with immediate cash flow and strong upside. Cap rate approx. 17%. Excellent opportunity for investor seeking high return property. SOME PHOTOS ARE VIRTUALLY STAGED. LOW TAXES
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Home facts
- Year built:1960
- Listing ID #:335166
- Added:114 day(s) ago
- Updated:May 30, 2026 at 02:54 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
- Flooring:Vinyl
- Kitchen Description:Microwave, Range, Refrigerator
- Living area:2,500 sq. ft.
Heating and cooling
- Cooling:Wall Window Units
- Heating:Forced Air
Structure and exterior
- Year built:1960
- Building area:2,500 sq. ft.
- Lot Features:Level
- Architectural Style:MultiFamily
- Construction Materials:Vinyl Siding
- Exterior Features:Covered, Porch
- Foundation Description:Concrete Perimeter
Schools
- Elementary school:Woodrow Wilson
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$249,000
- Price per sq. ft.:$99.6
- Tax amount:$4,736
Features and amenities
- Appliances:Gas Water Heater, Microwave, Range, Refrigerator, Washer
- Laundry features:Dryer, Washer
Parking
- Parking description:On Street, Parking Spaces
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