Excellent Investment Opportunity – 9.6% CAP Rate...
Well-maintained 2-family property at 62-64 Decatur St, Binghamton. Each unit features 2 bedrooms and 1 bath. Basement-level garage parking adds tenant appeal and convenience. Low-maintenance exterior and mechanicals. Tenants pay all utilities, keeping owner expenses minimal. Solid rental history and strong cash flow make this a great addition to any portfolio. CAP rate of 9.6% based on current rents. Don’t miss this turnkey income-producing property!
Sold for $204,000
$204,000
62 Decatur St, Binghamton, NY 13903
4beds
1,920sqft
Duplex, Multi Family
Built in 1983
-- sqft lot
$213,100 Zestimate®
$106/sqft
$1,470 Estimated rent
Home value
$213,100
$179,000 - $254,000
$1,470/mo
Zestimate® history
Loading...
Owner options
List your home for rent
$1,470/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
Learn more$1,470/mo
Rent Zestimate®
Refinance and save
$1,289/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
See today's rates$1,289/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked: 7 hours ago
Listing updated: August 29, 2025 at 09:31am
Listed by:
Thomas J Reid,
EXIT REALTY HOMEWARD BOUND
Bought with:
Liam P Mallon, 10401371376
WARREN REAL ESTATE (FRONT STREET)
Source: GBMLS,MLS#: 331926
Originating MLS: Greater Binghamton Association of REALTORS
Originating MLS: Greater Binghamton Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- None
Appliances
- Included: Electric Water Heater
Features
- Flooring: Carpet, Vinyl
Interior area
- Total interior livable area: 1,920 sqft
- Finished area above ground: 1,860
Property
Parking
- Total spaces: 2
- Parking features: Basement, Two Car Garage
- Attached garage spaces: 2
Features
- Patio & porch: Deck, Open
- Exterior features: Deck
Lot
- Size: 10,454 sqft
- Dimensions: 84 x 123
- Features: Level
Details
- Parcel number: 03020016105400010110000000
- Zoning: 220
- Zoning description: 220
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subtype: Duplex, Multi Family
Materials
- Aluminum Siding
- Foundation: Basement
Condition
- Year built: 1983
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Binghamton
- Subdivision: Bingham Patent
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: OWNER
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2025 | Sold | $204,000+4.6%$106/sqft |
Source:  GBMLS #331926 Report a problem | ||
| 7/15/2025 | Contingent | $195,000$102/sqft |
Source: GBMLS #331926 Report a problem | ||
| 7/8/2025 | Listed for sale | $195,000+95%$102/sqft |
Source: GBMLS #331926 Report a problem | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 7/5/2017 | Listing removed | $950 |
Source: Owner Report a problem | ||
| 6/20/2017 | Listed for rent | $950+5.6% |
Source: Owner Report a problem | ||
| 7/16/2015 | Listing removed | $900 |
Source: McKinney Real Estate 607-722-0722 Report a problem | ||
| 7/1/2015 | Listed for rent | $900+2.9% |
Source: McKinney Real Estate (607) 722-0722 Report a problem | ||
| 12/10/2014 | Listing removed | $875 |
Source: McKinney Real Estate (607) 722-0722 Report a problem | ||
| 11/12/2014 | Listed for rent | $875 |
Source: McKinney Real Estate (607) 722-0722 Report a problem | ||
| 5/1/2008 | Listing removed | $100,000$52/sqft |
Source: Postlets Report a problem | ||
| 4/11/2008 | Listed for sale | $100,000+17.9%$52/sqft |
Source: Postlets Report a problem | ||
| 12/12/2006 | Sold | $84,800$44/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $74,000 |
| 2024 | -- | $74,000 |
| 2023 | -- | $74,000 |
| 2022 | -- | $74,000 |
| 2021 | -- | $74,000 |
| 2020 | -- | $74,000 |
| 2019 | -- | $74,000 |
| 2018 | -- | $74,000 |
| 2017 | $4,512 +31.8% | $74,000 |
| 2016 | $3,424 | $74,000 |
| 2015 | $3,424 | $74,000 |
| 2014 | $3,424 | $74,000 |
| 2013 | -- | $74,000 |
| 2012 | -- | $74,000 |
| 2011 | -- | $74,000 |
| 2010 | -- | $74,000 |
| 2009 | -- | $74,000 |
| 2008 | -- | $74,000 |
Find assessor info on the county website
Neighborhood: 13903
Nearby schools
GreatSchools rating
- 4/10Benjamin Franklin Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 4/10East Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10Binghamton High SchoolGrades: PK,9-12Distance: 1.8 mi
Schools provided by the listing agent
- Elementary: Benjamin Franklin
- District: Binghamton
Source: GBMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Broome County
- Binghamton
- 13903
- 62 Decatur St