NY
Broome
Binghamton
13905
140 Chapin Street
140 Chapin Street, Binghamton, NY 13905
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Listing Type
Condo/Townhome
Listing Status
Active
0
$725,000

Home Details for 140 Chapin Street

Price
$725,000
Type
Residential Income
Bedrooms
14
Bathrooms
Square feet
6117
Year built
1950
County
Broome
Garage
Days on site
0
MLS Listing#
334004
Property Description

Introducing 140 Chapin St, a prime investment opportunity in Binghamton, NY. This 6,117 SF building, boasting 11 units, presents a lucrative student housing investment in an excellent location in Binghamton's West Side. The property enjoys a high 92.8% occupancy rate, ensuring immediate income generation. Zoned R-3, it offers flexibility for future development. Situated in one of the most established areas for student housing in the Binghamton market and walking distance to Downtown Binghamton ensures a steady occupancy and cash flow. Many of the rents are below market rent creating an opportunity for significant value add without the large renovation costs.

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Baseboard
  • Water Features
    • Public
  • Utilities
    • Cable Available
  • Parking
    • Driveway
School Information
School Information for 140 Chapin Street, Binghamton, NY 13905
Elementary School
Horace Mann
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.
Fair Housing Notice
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Neighborhood Market Statistics
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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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