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Investment Highlights

  • Directions: Main Street to Jarvis. Right on to Thorp.

Executive Summary

This exceptional six-unit apartment building has had an impressive makeover complete with remodeled kitchens and baths, luxury vinyl flooring throughout, new carpets in all bedrooms, and new windows for years of value. Six new refrigerators will be added to the kitchens, and six new gas water heaters have hot water at the ready for everyone. Three apartments are heated by gas, and three by electric baseboards, and new heating systems are cost-friendly to occupants. During kinder seasons, tenants can enjoy the covered porches facing the large backyard. Located in an area approved for congregate living.

Property Facts

Price $560,000
Price Per Unit $93,333
Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 21,000 SF
No. Stories 3
Year Built 1960
Zoning Residential Multi Unit

Amenities

Unit Amenities

  • Cable Ready
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Carpet
  • Basement
  • Lawn
  • Porch
  • Vinyl Flooring

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Smoke Free
  • Smoke Detector
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
030200-160-022-0003-005-000-0000
Land Assessment
$7,300
Improvements Assessment
$52,700
Total Assessment
$60,000
  • Listing ID: 39789279

  • Date on Market: 3/16/2026

  • Last Updated:

  • Address: 61 Thorp St, Binghamton, NY 13905

Contact the Sale Advisor

61 Thorp St

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