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Mark DiGiampaolo
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158 Chapin Street, Binghamton, NY 13905

$370,000
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  • 158 Chapin Street, Binghamton, NY 13905 Main Photo

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New to the Market Active
SQUARE FEET3,231 MLS#R1702566
STATUSActive PROPERTY TYPECommercial - Business SCHOOLBinghamton
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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 mdigiampaolo.mjpeterson.com today.

Property Features

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

Feature Descriptions

Lot: Rectangular, Rectangular Lot
Lot Dimensions: 50X121
Parcel#: 030200-160-031-0003-042-000-0000
Sewer: Public Sewer
Units: 5
Utilities: Electricity Connected, Sewer Connected, Water Connected
Water: Public

Local Schools

School District: Binghamton

Listed By / Shown By

Listing By

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

Shown By

Agent Name: Mark DiGiampaolo
Agent Phone: (716) 887-3891
Agency Title: MJ Peterson Real Estate

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Mark DiGiampaolo
Mark DiGiampaolo Office: (716) 819-4200 Cell: (716) 887-3891 Email Me
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 07/29/2026. The listing information on this page last changed on 07/29/2026. 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 Wed 07/29/2026 12:00:48 AM EST) or New York State Alliance MLS (last updated Tue 07/28/2026 11:58:59 PM EST). Real estate listings held by brokerage firms other than MJ Peterson Real Estate 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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