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77 Oak Street, Binghamton, NY 13905

Binghamton
Local realty services provided by:CENTURY 21 North East
77 Oak Street,Binghamton, NY 13905
$290,000
Virtual Tour
  • 6 Beds
  • - Baths
  • 2,046 sq. ft.
  • Multi-family
  • Active
Listed by: scott warren
Office: innovative commercial advisors
MLS#:337430
Source:NY_GBAR

Price summary

  • Price:$290,000
  • Price per sq. ft.:$141.74

About this home

77 Oak Street presents a compelling value-add opportunity in the heart of Binghamton’s established West Side student-housing market. The duplex is offered in as-is condition at $290,000, or approximately $48,333 per bed, compared with an estimated market average of approximately $70,000 per bed for stabilized student-housing properties. Following renovation, the property is projected to generate annual rental income of $57,600 and pro forma net operating income of $38,269. At the asking price, this equates to an approximate 13% pro forma capitalization rate, providing an attractive acquisition basis with meaningful potential for income growth and value creation.

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Home facts

  • Year built:1910
  • Listing ID #:337430
  • Added:7 day(s) ago
  • Updated:August 21, 2026 at 02:58 PM

Rooms and interior

  • Bedrooms:6
  • Flooring:Carpet, Tile, Vinyl
  • Living area:2,046 sq. ft.

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1910
  • Building area:2,046 sq. ft.
  • Lot Features:Level
  • Architectural Style:MultiFamily
  • Construction Materials:Composite Siding
  • Exterior Features:Covered, Porch, Storm Windows Doors
  • Foundation Description:Basement

Schools

  • Elementary school:Horace Mann

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$290,000
  • Price per sq. ft.:$141.74
  • Tax amount:$4,194

Features and amenities

  • Appliances:Gas Water Heater

Parking

  • Parking description:Driveway, Parking Spaces

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