111 Oak Street

Binghamton, NY 13905

$850,000
Price
18
Beds
8,640 Sq. Ft.
$98 / Sq. Ft.
8,640
Sq. Ft.
$98
per Sq. Ft.

Description

Presenting a unique opportunity to own a strategically located Brick 12Plex zoned for students! Currently fully leased to working and lower income families, Bringing in substantial revenue. With a total of 18 bedrooms This building could be easily repositioned to Student Housing. 111 Oak St. is in very close proximity to Downtown Binghamton NY, with all amenities and entertainment within walking distance. Easy access to Interstates I-86, I-81, I-88. This is where all the student's want to be! The...Presenting a unique opportunity to own a strategically located Brick 12Plex zoned for students! Currently fully leased to working and lower income families, Bringing in substantial revenue. With a total of 18 bedrooms This building could be easily repositioned to Student Housing. 111 Oak St. is in very close proximity to Downtown Binghamton NY, with all amenities and entertainment within walking distance. Easy access to Interstates I-86, I-81, I-88. This is where all the student's want to be! The Average price per student bed in Downtown Binghamton is $791! 111 Oak St. is in very close proximity to Downtown Binghamton NY, with all amenities and entertainment within walking distance. Easy access to Interstates I-86, I-81, I-88. This is where all the student's want to be!
  1. Listed by Matthew Karlgut • INNOVATIVE COMMERCIAL ADVISORS

Property Details for 111 Oak Street

Architectural Style
MultiFamily
Zoning
R3

Location

Listing Courtesy of INNOVATIVE COMMERCIAL ADVISORS
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LISTING UPDATED: 06/07/2024 11:40 AM

Property Details for 111 Oak Street

StatusActive
MLS #325663
Days on Market25
Taxes$15,481 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Apartment
Year Built1965
CountyBroome County

Location

Listing Courtesy of INNOVATIVE COMMERCIAL ADVISORS
Add your commute

Building Information for 111 Oak Street

Building/Complex111 Oak StFloor-Stories-Residences-Pet Policy-Year Built1965Building Size-

Payment Calculator

$5,929 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,639

Property Taxes

$1,290

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 111 Oak Street

Summary
Location and General Information
  • City: BINGHAMTON
  • County Or Parish: Broome
  • Directions: Main St. To Oak St.
  • Postal City: BINGHAMTON
  • Township: Binghamton
  • State Or Province: NY
  • MLS Area Major: Area 03
  • Postal Code: 13905
  • Zoning Description: R3
Taxes and HOA Information
  • Parcel Number: 030200-160-039-0003-008-000-0000
  • Tax Annual Amount: $15,481.31
  • Tax Assessed Value: $253,968.00
  • Tax Book Number: 160.39-3-8
School Information
  • Elementary School: Horace Mann
  • Elementary School District: Binghamton
  • High School District: Binghamton
  • Middle Or Junior School District: Binghamton
Parking
  • Garage Spaces: .00
  • Garage: No
  • Parking Features: None
Property
Lot Information
  • Above Grade Finished Area: 8640.0
  • Living Area: 8640.0
  • Lot Features: Level
  • Lot Size Dimensions: 50x85
Property and Assessments
  • Sign On Property: No
  • Year Built: 1965
  • Property Sub Type: Apartment
  • Property SubType Additional: Apartment
  • Property Type: ResidentialIncome
  • Construction Materials: Brick
Utilities
  • Sewer: PublicSewer
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Foundation Details: Basement
Interior Features
  • Appliances: GasWaterHeater
  • Cooling: Yes
  • Cooling: WallWindowUnits
  • Flooring: Hardwood
  • Heating: Baseboard
  • Heating: Yes
  • Bedrooms Total: 18
Mobile Home
Mobile/Manufactured Home
  • Human Modified: No
Multi Family
Multi-Family Information
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 2
Income & Expenses Information
  • Fuel Expense: $5,800.00
  • Insurance Expense: $4,233.00
  • Electric Expense: $5,800.00
Rental
Rental Information
  • Lease Amount Per Area Unit: DollarsPerSquareFoot

Property History for 111 Oak Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 111 Oak Street

Taxable ValueLand$6,800Additions$153,200Total$160,000
Home Facts
Total Finished SqFt8,640 SqFtAbove Grade Finished SqFt8,640 SqFtUnfinished Basement SqFt2,880 SqFtStories3Lot Size4,250 SqFtStyleMulti-Family Res (5+ Units)Year Built1965CountyBROOMEAPN030200 160.39-3-8

Schools near 111 Oak Street

This home is within Binghamton City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Public - PK to 12
Private - 7 to 12
Rating
School
Distance
Horace Mann School
PublicPK to 5

West Middle School
PublicPK to 8

Binghamton High School
PublicPK 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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111 Oak Street is a multi-family home for sale in Binghamton, NY 13905. This property was listed for sale on May 21, 2024 by INNOVATIVE COMMERCIAL ADVISORS, it's currently listed at $850,000. It has been on the market for a total of 25 days and was last sold on March 7, 2022. This listing's school district is Binghamton City School District. Nearby schools include Horace Mann School, West Middle School and Binghamton High School. 111 Oak Street is a 18-bed, 0-bath, 8,640 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of INNOVATIVE COMMERCIAL ADVISORS

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.