218 Riverside Dr

3,408 Sq. Ft.
$117 / Sq. Ft.
3,408
Sq. Ft.
$117
per Sq. Ft.

Description

Not your typical duplex, both units have seen extensive improvements throughout. This West Side multi-family property offers two spacious 3-bedroom, 1-bath units with approximately 1,750 SF per side. The expensive work has been done for you. Recent updates include high-end remodeled kitchens and baths where you'd want to live yourself, refinished hardwood floors, and improvements throughout to help achieve top-of-market rents. Separate utilities, shared laundry and storage space, and a 3-bay garage....Not your typical duplex, both units have seen extensive improvements throughout. This West Side multi-family property offers two spacious 3-bedroom, 1-bath units with approximately 1,750 SF per side. The expensive work has been done for you. Recent updates include high-end remodeled kitchens and baths where you'd want to live yourself, refinished hardwood floors, and improvements throughout to help achieve top-of-market rents. Separate utilities, shared laundry and storage space, and a 3-bay garage. One unit is currently vacant, with the second unit lease ending in July, creating a unique opportunity for investors or owner-occupants. Combined with the recent improvements, separate utilities, and desirable West Side location, the property is projected to achieve a cap rate exceeding 9%,. Opportunity to serve either long-term tenants or the furnished rental market. Conveniently located near downtown Binghamton, hospitals, and university.
  1. Listed by Cary C Turner • WARREN REAL ESTATE (Vestal)
  2. Listed by Melissa A Hackford • WARREN REAL ESTATE (Vestal)

Property Details for 218 Riverside Drive

Architectural Style
Duplex
Subdivision Name
Crestmont
Zoning
R2
LISTING UPDATED: 06/02/2026 08:21 PM

Property Details for 218 Riverside Drive

StatusActive Under Contract
MLS #336204
Days on Market1
Taxes$6,512 / year
HOA Fees-
Condo/Co-op Fees$1,500 semi-monthly
Property TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1920
Lot Size0.20 AC / 8,712 SF
CountyBroome County

Location

Listing Courtesy of WARREN REAL ESTATE (Vestal)
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Building Information for 218 Riverside Drive

Stories-Residences2Year Built1920Building Size-Lot Size0.20 AC / 8,712 SF

Payment Calculator

$5,536 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,993

Property Taxes

$543

HOA Dues

$3,000

The Payment Calculator is for illustrative purposes only.

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Property Information for 218 Riverside Drive

Summary
Location and General Information
  • City: Binghamton
  • County Or Parish: Broome
  • Directions: Take Riverside close to the corner of Helen and Riverside.
  • Postal City: Binghamton
  • Township: Binghamton
  • State Or Province: NY
  • MLS Area Major: Area 03
  • Postal Code: 13905
  • Zoning Description: R2
Taxes and HOA Information
  • Parcel Number: 030200-159-060-0001-007-000-0000
  • Maintenance Expense: $1,500.00
  • Tax Annual Amount: $6,512.00
  • Tax Assessed Value: $100,000.00
  • Tax Book Number: 159.60-1-7
School Information
  • Elementary School: Thomas Jefferson
  • Elementary School District: Binghamton
  • High School District: Binghamton
  • Middle Or Junior School District: Binghamton
Parking
  • Attached Garage: No
  • Garage Spaces: 3.00
  • Garage: Yes
  • Parking Features: Detached, Garage, ThreeCarGarage
Property
Lot Information
  • Above Grade Finished Area: 3408.0
  • Living Area: 3408.0
  • Lot Features: Level
  • Lot Size Area: 0.2
  • Lot Size Dimensions: 80x132
  • Lot Size Units: Acres
Property and Assessments
  • Sign On Property: Yes
  • Year Built: 1920
  • Property Sub Type: Duplex
  • Property SubType Additional: Duplex
  • Property Type: ResidentialIncome
  • Construction Materials: VinylSiding
Utilities
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Basement
  • Structure Type: Duplex
Interior Features
  • Appliances: GasWaterHeater, Oven, Refrigerator
  • Inclusions: CARBON MONOXIDE DETECTOR,SMOKE DETECTORS
  • Cooling: CeilingFans
  • Flooring: Carpet, Hardwood
  • Heating: ForcedAir
  • Heating: Yes
  • Window Features: InsulatedWindows
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bedrooms Total: 6
Room Information
Room 1
  • HumanModified: No
Room 2
  • HumanModified: No
Mobile Home
Mobile/Manufactured Home
  • Human Modified: Yes
Multi Family
Multi-Family Information
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
Income & Expenses Information
  • Water Sewer Expense: $1,750.00
  • Fuel Expense: $.00
  • Insurance Expense: $2,765.00
  • Electric Expense: $.00
  • Operating Expense: $12,579.00
  • Net Operating Income: $39,020.00
Unit 1
  • Actual Rent: $2,150.00
  • Baths Total: 1
  • Beds Total: 3
  • Total Rent: $2,150.00
Unit 2
  • Actual Rent: $2,150.00
  • Baths Total: 1
  • Beds Total: 3
  • Total Rent: $2,150.00

Property History for 218 Riverside Drive

DateEvent & SourcePriceAppreciation
Jun 2, 2026

Contract Out

Greater Binghamton Association of REALTORS #336204

—
Jun 1, 2026

Listed (Active)

Greater Binghamton Association of REALTORS #336204

$399,999—
Apr 15, 2024

Sold

Greater Binghamton Association of REALTORS #323299

$275,000—
DateEvent & SourcePrice
06/02/2026

Contract Out

Greater Binghamton Association of REALTORS #336204

—
06/01/2026

Listed (Active)

Greater Binghamton Association of REALTORS #336204

$399,999
04/15/2024

Sold

Greater Binghamton Association of REALTORS #323299

$275,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 218 Riverside Drive

Taxable ValueLand$19,900Additions$80,100Total$100,000
Home Facts
Baths2Total Finished SqFt3,408 SqFtAbove Grade Finished SqFt3,408 SqFtStories2Lot Size8,712 SqFtStyleDuplexYear Built1920ZoningYESCountyBROOMEAPN030200 159.60-1-7Fireplace TypeHas Fireplace

Schools near 218 Riverside Drive

This home is within Binghamton City School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 7 to 12
Rating
School
Distance
Thomas Jefferson School
PublicK to 5

West Middle School
Public6 to 8

Binghamton High School
Public9 to 12

Seton Catholic-Central High School
Private7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of WARREN REAL ESTATE (Vestal)

Based on information from one of the following Multiple Listing Services: WNYREIS and Greater Binghamton Association of REALTORS. Information being provided is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by WNYREIS and Greater Binghamton Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.