NY
Broome
Binghamton
13905
28 Lydia Street
28 Lydia Street, Binghamton, NY 13905
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Listing Type
Multi Family
Listing Status
Active
48
$229,000

Home Details for 28 Lydia Street

Price
$229,000
Type
Residential Income
Bedrooms
6
Bathrooms
Square feet
2464
Year built
1960
County
Broome
Garage
Days on site
52
MLS Listing#
333408
Property Description

Fully renovated four-unit in Binghamton’s desirable First Ward, just minutes from Downtown, Binghamton University, and major highways. Ideal for house hacking or investors, this property features a complete interior renovation, new roof (2024), newer furnace (2019), two hot water heaters, updated plumbing and electrical, vinyl replacement windows, and new appliances. All units are vacant and ready for leasing with assistance available. Pro forma shows $48,000 GOI, $28,975 NOI, 12% cap rate, 2.28 DSCR, 28% Year-1 cash-on-cash return, and 4.7 GRM. Utilities can be allocated via RUBS with potential for added laundry income. Close to Antique Row, restaurants, parks, and shopping, this is a low-maintenance, high-yield opportunity in a strong rental market.

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Property Features
  • Cooling Information
    • None
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Parking
    • None
School Information
School Information for 28 Lydia Street, Binghamton, NY 13905
Elementary School
Benjamin Franklin
Middle School
N/A
High School
N/A
Listing Courtesy: INNOVATIVE COMMERCIAL ADVISORS - 607-203-1826
Listing information provided in part by the Greater Binghamton Association of REALTORS®, Inc. MLS for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright ©2025 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Great Binghamton AOR.
EXIT REALTY FRONT AND CENTER
1155 Front Street, Binghamton, NY 13905
Kregg Smith
License #: 10301223973
Associate Broker
Office
607 724 3948
Agent
607 235 6515
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