NY
Broome
Binghamton
13905
28 Lydia Street
28 Lydia Street, Binghamton, NY 13905
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Listing Type
Multi Family
Listing Status
Active
39
$249,000

Home Details for 28 Lydia Street

Price
$249,000
Type
Residential Income
Bedrooms
6
Full Bathrooms
4
Square feet
2500
Year built
1960
County
Broome
MLS Listing#
335166
Property Description

4-UNIT MONEY MAKER INVESTMENT OPPORTUNITY with strong pro forma upside! Featuring two 2BR & two 1BR units. One 2BR currently rented at $1,100/month (below market). Pro forma rents projected at $1,200 for 2BR units & $1,100 for 1BR units. All units include utilities, highly desirable for tenants and supports strong occupancy. Interiors updated with new flooring, cabinets, & appliance suites including SS refrigerators, microwaves & gas ranges. Major capital improvements include new roof & hot water heaters, newer furnace, updated plumbing, electrical, & replacement windows. Clean, efficient layouts with modern finishes throughout. Off-street parking with additional rear space offering potential to expand parking. Washer & dryer on site with added income potential through coin-op conversion. Turnkey asset with immediate cash flow and strong upside. Pro forma cap rate approx. 17%. Excellent opportunity for investor seeking high return property. SOME PHOTOS ARE VIRTUALLY STAGED. LOW TAXES

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Property Features
  • Cooling Information
    • Wall/Window Unit(s)
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Utilities
    • Cable Available
  • Parking
    • On Street
School Information
School Information for 28 Lydia Street, Binghamton, NY 13905
Elementary School
Woodrow Wilson
Middle School
N/A
High School
N/A
Listing Courtesy: 4HG Real Estate - 607-201-8904
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 ©2026 Greater Binghamton Association of REALTORS®, Inc. MLS. All rights reserved.
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Market statistics compiled from data from Great Binghamton AOR.
EXIT REALTY FRONT AND CENTER
1155 Front Street, Binghamton, NY 13905
Kregg Smith
License #: BK3302418
License #: 10301223973
Associate Broker
Office
607 724 3948
Agent
607 235 6515
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