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146 Beethoven St, Binghamton, NY, 13905

11beds
6baths
6,258sqft
$475,000
$76price/sqft
$4,538/moest. monthly cost
$181,520/yrincome needed

About This Home

Turnkey West Side Student Housing – 10% ROI Business Opportunity! Attention investors! Capitalize on Binghamton’s thriving student rental market with this massive, cash-flowing multi-family property located at 146 Beethoven St. Boasting a 10% ROI, this is a highly profitable, low-vacancy addition to any portfolio. The Property Layout: (1) Spacious 3-Bedroom Unit (3) Large 2-Bedroom Units (2) Comfortable 1-Bedroom Units Premium Location & High Student Demand: Situated on the West Side, just one building off Main Street. It offers unbeatable convenience for students—walking distance to the bus lines, popular restaurants, local shops, and neighborhood amenities. High visibility and ease of commute ensure a steady stream of student applicants year after year. Key Updates: NEW ROOF: significantly lower capital expenditures (CapEx) for years to come with a recently replaced roof (12/2024). Schedule your showing today and secure a high-yield asset in a prime student hub!

Getting Around

85
WalkingVery Walkable
0
TransitVery Limited Transit
58
BikeBikeable

Schools

5/10
Thomas Jefferson SchoolGrades K-50.4 mi
3/10
West Middle SchoolGrades PK,6-80.5 mi
3/10
Binghamton High SchoolGrades PK,9-120.8 mi

Construction

Condition

  • Year built: 1970

Materials

  • Foundation: Basement
  • Construction materials: Cedar

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family,Apartment

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Gas Water Heater,Microwave,Range,Refrigerator,Range Hood,Washer

Bedrooms & Bathrooms

  • Bedrooms: 11
  • Bathrooms: 6
  • Full bathrooms: 6

Features

  • Flooring: Carpet,Hardwood,Vinyl
  • Finished area above ground: 6,258

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: None

Interior Area

  • Total interior livable area: 6,258 sqft

Property

Details

  • Parcel number: 03020016002100040310000000
  • Zoning: Residential
  • Zoning description: Residential

Features

  • Patio & porch: Covered,Porch
  • Exterior features: Porch

Lot

  • Lot size: 6,258 sqft
  • Lot size dimensions: 62 x 75

Parking

  • Parking features: None

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Tornado
Winter Weather

FEMA Declared Disasters in Broome County and New York

Flood
Hurricane
Severe Storm
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,401$28,812
Home Insurance *$229$2,748
Property Taxes $874$10,488
Electricity $1,034$12,410
Total$4,538$54,456
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$155,588/yr
40% on housing$136,140/yr
45% on housing$121,013/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 3.4%
3.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$76This listing

vs Other Active Listings

Avg $/sqft

ZIP 13905$108
Broome County$108

vs Homes Sold Last Month

Median $/sqft

ZIP 13905$128
Broome County$122

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-06-02Price change$475,000
2026-05-20Listed for sale$499,000
2023-08-18Sold$345,000
2023-05-16Pending sale$410,000
2023-04-19Price change$410,000
2023-03-20Price change$414,810
2022-11-14Price change$419,000
2022-09-25Price change$425,000
2022-09-24Price change$599,000
2022-09-07Price change$616,000
2022-07-07Listed for sale$649,000
2020-11-02Listing removed$385,000
2020-09-29Listed for sale$385,000

For Sale by Agent

AgentAnya Levitov
BrokerageVERUS REAL ESTATE

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