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Resource id #151

Good 8 Family Investment Property

139 Beethoven Street
Binghamton, NY 13905
Listing Number: 1037

For Sale

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To View This Property Call:

Eric Strong - Real Estate Broker
Cell: 607-725-3742
Email: StrongRealty@prodigy.net
Site: BroomeRealEstate.com

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Property Description:

Directions: Riverside Drive to Veethoven Street, near Lourdes Hospital.

Click Here For Map

Price:
$265,000
Property Taxes:
$10,603
Square Footage:
4,858
Year Built:
1940
Exterior:
Stucco
School District:
Binghamton
Fuel & Heating System:
Gas, Steam Raditor
Central Air:
No
Tax Map ID:
160.29-1-11
Parking:
Lot & 5 Garages
Units:
8
Bedrooms:
8
Bathrooms:
8
Lot Size:
50 x 150
Survey:
No
Handicap Accessible:
No
Annual Income
  Monthly Annual
Unit #: 1 $495    $5,940
Unit #: 2 $495    $5,940
Unit #: 3 $495    $5,940
Unit #: 4 $495    $5,940
Unit #: 5 $495    $5,940
Unit #: 6 $520    $6,240
Unit #: 7 $520    $6,240
Unit #: 8 $520    $6,240
Total Annual Income $48,420
Annual Expenses
  Annual
Gas Heat $8,039
Insurance $920
Maintenance $2,717
Sewer & Water $900
Taxes $10,599
Total Annual Expenses $23,175
Total Annual Income: $48,420
Total Annual Expenses: $23,175
Net Operating Income: $25,245
Capitalization Rate: 9.5%

Appliances Included: Electric Stove, Refrigerator

Utilities Paid By Landlord: Heat, Water, Sewer, Lawn Care, Snow Removal

Utilities Paid By Tenant: Electric, Cable TV

Type of Foundation: Full Basement, Poured Concrete

All information is subject to error, omission, withdrawal from market, prior sale and change of price.
The above information is deemed reliable but not guaranteed.