12.5 Franklin St, Binghamton, NY, 13905
About This Home
12.5 Franklin Street offers a strong value-add opportunity in a desirable location. The property features two vacant units, giving the next owner immediate access to begin renovations without having to coordinate around existing tenants. While the property needs some TLC, the vacancy provides a clean path to improve the units, increase their rental potential, and place tenants of the new owner’s choosing. The property also benefits from low taxes and separate utilities, helping keep operating expenses more manageable and making it even more attractive to investors. This is a solid opportunity for an owner looking to add value and create a stronger-performing rental property.
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Basement
- Construction materials: Vinyl Siding
Type & Style
- Home type: MultiFamily
- Architectural style: Duplex
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Gas Water Heater
Basement
- Basement: Partial
Bedrooms & Bathrooms
- Bedrooms: 4
- Full bathrooms: 2
Features
- Flooring: Carpet,Vinyl
- Finished area above ground: 1,848
Heating & Cooling
- Heating features: Forced Air
- Cooling features: None
Interior Area
- Total interior livable area: 1,848 sqft
Property
Details
- Parcel number: 03020014407300010060000000
- Zoning: Res one & Res two
- Zoning description: Res one & Res two
Lot
- Lot size: 2,178 sqft
- Features: Level
- Lot size dimensions: 25 x 90ft
Parking
- Parking features: Driveway
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
- Inland Flooding
- Lightning
- Tornado
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters in Broome County and New York
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $606 | $7,272 |
| Home Insurance * | $58 | $696 |
| Property Taxes | $220 | $2,640 |
| Electricity | $305 | $3,664 |
| Total | $1,189 | $14,268 |
Income You'd Need if You Spent...
New York FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-14 | Listed for sale | $125,000 |
| 2026-08-11 | Listing removed | $119,900 |
| 2026-08-03 | Price change | $119,900 |
| 2026-07-15 | Price change | $125,000 |
| 2026-06-13 | Listed for sale | $130,000 |
| 2024-10-18 | Sold | $116,000 |
| 2024-08-13 | Contingent | $109,000 |
| 2024-08-06 | Listed for sale | $109,000 |
| 2024-06-28 | Contingent | $109,000 |
| 2024-05-06 | Listed for sale | $109,000 |
| 2020-11-16 | Sold | $29,500 |
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