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12 Beds
5 Baths
3,926 sqft

$334,000

12 & 14 Blanchard Avenue, Binghamton NY, 13901

Price per sqft$85.07
Built in1910
Property size3,926 sqft
Property typeCondominium

Overview

Active

Listed Aug 10, 2026

Updated Sep 1

Exceptional 5 unit investment opportunity featuring brand-new metal roofing with a 50-year transferable warranty, each building has a detached two-car garage that can be rented for additional income, all 5 units have had the same tenants for over 6 years each and 12 Blanchard has the potential to add an additional 6th unit. Pictures of the large unfinished attic with rear entrance are in listing. This package currently has strong cash-on-cash performance, excellent ROI, and low maintenance costs. Current annual rents are $48,000, expenses are $12,150, making this package an excellent addition to your portfolio! Two multifamily buildings side by side could be mortgaged as commercial or as two separate 1-4 family loans. All tenants are reliable, long-term tenants that would like to stay. Rents could be raised to meet current market rates for additional income.

$2,222/mo

Est. mortgage payment based on a $334,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
337413

Interior Features

Bedrooms
12
Bathrooms
5
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.31 Acres

Other Property Details

Taxes
$7,779
Tax Frequency
Annually
Garage
Yes
MLS provider logo

Listed by Melissa Coolbaugh with WARREN REAL ESTATE (Vestal)
Listing Contact: 607-759-8022 

The IDX display contains information sourced from the Greater Binghamton Association of REALTORS® as of 9/1/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Greater Binghamton Association of REALTORS® all rights reserved.

Data last updated on 9/1/2026 at 5:38 AM UTC

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