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75.5 Pine Street, Binghamton, NY 13901

Local realty services provided by:CENTURY 21 North East
75.5 Pine Street,Binghamton, NY 13901
$279,000
Virtual Tour
  • 9 Beds
  • - Baths
  • 3,310 sq. ft.
  • Multi-family
  • Active
Listed by: vincent lucenti
Office: exit realty homeward bound
MLS#:334057
Source:NY_GBAR

Price summary

  • Price:$279,000
  • Price per sq. ft.:$84.29

About this home

This stabilized, cash-flowing 5-unit property delivers a Net Operating Income of $33,769.50 and is priced at a 12.1% cap, offering strong, immediate returns for investors seeking hands-off, reliable income. Featuring 6 electric meters and 5 gas meters, the building’s utilities are set up for efficiency and minimal management hassle. Located just minutes from Downtown Binghamton, with easy access to Binghamton University, major hospitals, and public transportation, the property attracts long-term, dependable tenants, including students, professionals, and medical staff, ensuring consistent occupancy. A turnkey, low-maintenance investment with strong cash flow, prime location, and a proven track record — perfect for investors who want real, hands-free income from day one and a property that performs without guesswork.

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Home facts

  • Year built:1950
  • Listing ID #:334057
  • Added:12 day(s) ago
  • Updated:December 25, 2025 at 03:46 PM

Rooms and interior

  • Bedrooms:9
  • Living area:3,310 sq. ft.

Heating and cooling

  • Cooling:Wall Window Units
  • Heating:Baseboard

Structure and exterior

  • Year built:1950
  • Building area:3,310 sq. ft.

Schools

  • Elementary school:MacArthur

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$279,000
  • Price per sq. ft.:$84.29
  • Tax amount:$5,997

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