Anne Marie Bouyea

158 Chapin Street, Binghamton, NY 13905

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$370,000 Active
3,231 Sq Ft 0.14 Acres
Days on Site 2 Year Built 1960 School Binghamton MLS #R1702566
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Property Description

Turn-key investment opportunity! Excellent 5-unit multi-family property featuring five individual 1-bedroom apartments delivering a strong Net Operating Income (NOI) of $37,539 after expenses, representing a solid 10% cap rate. Total landlord utility expenses (electric, gas, water, and sewer) are $8,809/year. The property includes high-speed internet bundled into operations to power the remote-accessible security camera system, which transfers to the new owner upon sale. Well-maintained with a solid rental history, established annual rent schedules, cooperative tenants aware of the sale, and full compatibility with local housing assistance programs. A fantastic addition to any portfolio!

158 Chapin Street | MLS# R1702566

This commercial property located at 158 Chapin Street, Binghamton, NY 13905 is currently listed for sale with an asking price of $370,000. Chapin Street is located within the Binghamton school district. Search Binghamton real estate on annemarie-bouyea.coldwellbankerprime.com today.

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Property Features

Property Type: Commercial - Business
Basement: Full
Heating: Gas, ForcedAir
Lot Size: 0.14 Acres
Roof Type: Shingle
Stories: 3.0
Taxes: $3,579
Year Built: 1960

Feature Descriptions

Days on Site: 2
Lot: Rectangular, RectangularLot
Lot Dimensions: 50X121
Parcel#: 030200-160-031-0003-042-000-0000
Sewer: PublicSewer
Units: 5
Utilities: ElectricityConnected, SewerConnected, WaterConnected
Water: Public

Local Schools

School District: Binghamton
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158 Chapin Street, Binghamton, NY 13905

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Demographics

Listed By / Shown By

Listing By

Agency Name: Keller Williams Realty Southern Tier & Finger Lakes
Agency Phone: (607) 795-2900

Shown By

Agent Name: Anne Marie Bouyea
Agent Phone: (518) 320-2537 Cell
Agency Title: Coldwell Banker Prime Properties

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/31/2026. The listing information on this page last changed on 07/31/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 07/31/2026 12:03:16 AM EST) or Global MLS (last updated Thu 07/30/2026 11:52:35 PM EST) or New York State Alliance MLS (last updated Thu 07/30/2026 11:59:25 PM EST) or Hudson Valley Catskill Region MLS (last updated Fri 07/31/2026 12:01:23 AM EST) or Berkshire MLS (last updated Thu 07/30/2026 8:13:22 PM EST) or OneKey MLS (last updated Fri 07/31/2026 12:00:35 AM EST). Real estate listings held by brokerage firms other than Coldwell Banker Prime Properties may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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