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86 Oak Street Binghamton, NY $ 699,990
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86 Oak Street
$ 699,990
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86 Oak Street

Binghamton, NY, 13905
$ 699,990
Bedrooms6 Baths0.0 Sq 5,778

Monthly Estimate*

$ 4,310

86 Oak Street, Binghamton, NY 13905 - Image 1
86 Oak Street, Binghamton, NY 13905 - Image 2

Single Family Home for sale in Binghamton, NY

for $699,990 with 6 bedrooms. This 5,778 square foot home was built in 1970 on a lot size of 0.12.

UNBEATABLE 12.3% PRO-FORMA CAP RATE: 7-Unit Building + 8th Unit Value-Add Upside Description: Priced at $699,990 for immediate sale, 86 Oak St is a high-yield asset in Binghamton’s premier student housing hub. Located on major bus lines near downtown, this location ensures high demand, bolstered by 51’ frontage and rare off-street parking—a major competitive advantage in this neighborhood. Investment Highlights: Pro-Forma 12.3% Cap Rate: Based on optimized operations and a Pro-Forma NOI of $85,997. 7 Units + 1 Bonus: Currently 7 functional units with a 1-bed basement unit awaiting renovation. Pro-forma financials include the projected income from this 8th unit. Legal R-3 Zoning: The "gold standard" for student housing compliance in Broome County. Financials (Pro-Forma): Net Operating Income (NOI): $85,997 Property is being sold as-is. This is a rare "math-house" play for an investor looking to anchor their portfolio in the Westside’s premier rental corridor.

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Single Family Active

Price

$ 699,990

Bedrooms

6

Property Type

Single Family

Taxes

$ 11,623

Style

Lot Size

0.12

Year Built

1970

Town/City

Binghamton

County/Region

Broome

MLS | Web ID

R1666750
Features
General
Sewer Connected
Heating Gas Other SeeRemarks
Cooling Other SeeRemarks
Utilities SewerConnected WaterConnected
Possession CloseOfEscrow
Roof Flat Other Shingle SeeRemarks
Appliances ElectricOven ElectricRange GasWaterHeater Refrigerator SeeRemarks
Garage Spaces 0.0
Construction Materials Frame Stucco
School District Binghamton
Year Built 1970
Stories Count 2
Township Not Applicable
Levels Two
Property Subtype Other
Community Features Other SeeRemarks
County Broome
Property Type MultiFamily
Garage Y/N No
Rent Includes Heat
Status Active
Directions corner of Eaton Pl
High School Binghamton High
City Binghamton
Senior Community Y/N No
High School District Binghamton
Number Of Units Total 7
MLS Area Binghamton-City-030200
Lot Size Units Acres
Elementary School Horace Mann
Year Built Details Existing
Tax Annual Amount 11623.0
Middle/Junior High School West Middle
Property Condition Resale
Standard Status Active
Middle/Junior School District Binghamton
Elementary School District Binghamton
Tax Assessed Value 0
TaxOtherAnnualAssessmentAmount 0.0
Property Sub Type Additional Other
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Interior
Basement Full
Flooring Other SeeRemarks
Total Fireplaces 0
Total Stories 2
Basement (Y/N) Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 6
Main Level Bathrooms 0
Total Baths 0
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Exterior
Exterior Amenities SeeRemarks
Parking Features ThreeOrMoreSpaces NoGarage
Lot Features NearPublicTransit Rectangular RectangularLot
Water Source Connected Public
Lot Size Area 0.12
Building Area Total 5778.0
Lot Dimensions 51X99
Lot Size Acres 0.12
Waterfront Y/N No
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Internal Only
Street Number 1 86
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* Excluded Features
List By
Owner Entry.Com

Broker

(617) 542-9300

Phone

Affordability Calculator

$5,279
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,310
Monthly Property Taxes
$969
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5420273 Elementary School
5420274 Middle School
Binghamton High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
3/13/2026$699,990 Listed Price

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86 Oak Street, Binghamton, NY, 13905 is a Single Family Home for sale at $699,990 with 5,778 sqft and a lot size of 0.12. 86 Oak Street has 6 bedrooms, 0.0 baths, and was built in 1970. The property's zip code is 13905 which is in Binghamton, NY

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