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28 Lydia Street, Binghamton, NY 13905

Binghamton
Local realty services provided by:CENTURY 21 North East
28 Lydia Street,Binghamton, NY 13905
$249,000
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  • 6 Beds
  • 4 Baths
  • 2,500 sq. ft.
  • Multi-family
  • Active
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 pro forma upside! Featuring two 2BR & two 1BR units. One 2BR currently rented at $1,100/month (below market). Pro forma rents projected at $1,200 for 2BR units & $1,100 for 1BR units. All units include utilities, highly desirable for tenants and 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 with 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. Pro forma 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:10 day(s) ago
  • Updated:April 03, 2026 at 03:04 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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