36 & 36.5 Fayette St, Binghamton, NY 13903

Local realty services provided by:CENTURY 21 North East
36 & 36.5 Fayette St,Binghamton, NY 13903
$949,900
  • 18 Beds
  • 11 Baths
  • 8,024 sq. ft.
  • Multi-family
  • Active
Listed by: amity l. deubler
Office: exp realty
MLS#:337962
Source:NY_GBAR

Price summary

  • Price:$949,900
  • Price per sq. ft.:$118.38

About this home

Excellent Downtown Binghamton multifamily investment opportunity featuring two separate buildings with a total of 11 fully rented apartments generating $10,425 per month in rental income—$125,100 annually. This income-producing asset combines strong cash flow with extensive recent capital improvements and a consistent occupancy history. The property features separate electric meters with tenants paying their own electric, helping reduce owner expenses and improve operating efficiency. Major improvements include newer roofs installed in 2019 and 2025, along with numerous interior updates completed throughout the property, including flooring, kitchens, bathrooms, and appliances. Conveniently located near Downtown Binghamton, public transportation, dining, entertainment, and the Mirabito Stadium, the property is well positioned within an active rental corridor. Opportunity to acquire a stabilized multifamily asset with immediate cash flow and long-term investment potential.

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Home facts

  • Year built:1940
  • Listing ID #:337962
  • Added:2 day(s) ago
  • Updated:September 17, 2026 at 03:52 PM

Rooms and interior

  • Bedrooms:18
  • Total bathrooms:11
  • Full bathrooms:11
  • Flooring:Carpet, Hardwood, Tile, Vinyl
  • Kitchen Description:Range, Refrigerator
  • Living area:8,024 sq. ft.

Heating and cooling

  • Heating:Radiators, Steam

Structure and exterior

  • Year built:1940
  • Building area:8,024 sq. ft.
  • Lot Features:Level
  • Architectural Style:MultiFamily
  • Construction Materials:Aluminum Siding
  • Exterior Features:Enclosed, Landscaping, Porch
  • Foundation Description:Basement

Schools

  • Elementary school:MacArthur

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$949,900
  • Price per sq. ft.:$118.38
  • Tax amount:$16,206

Features and amenities

  • Appliances:Gas Water Heater, Range, Refrigerator

Parking

  • Parking description:On Street