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28 Lydia Street, 
Binghamton, NY 13905

$249,000

6

Beds

4

Baths

2,500

Sq Ft

Multi-Family

Virtual Tour

Active

Listed by

Michele L Deprato

4hg Real Estate

607-201-8904

Last updated:

March 31, 2026, 02:46 PM

MLS#

335166

Source:

NY GBAR

About This Home

28 Lydia Street

4-UNIT MONEY MAKER INVESTMENT OPPORTUNITY with strong pro forma upside! Featuring two 2BR & two 1BR units. One 2BR currently rented at $1,100/month (below market). Pro forma rents projected at $1,200 for 2BR units & $1,100 for 1BR units. All units include utilities, highly desirable for tenants and supports strong occupancy. Interiors updated with new flooring, cabinets, & appliance suites including SS refrigerators, microwaves & gas ranges. Major capital improvements include new roof & hot water heaters, newer furnace, updated plumbing, electrical, & replacement windows. Clean, efficient layouts with modern finishes throughout. Off-street parking with additional rear space offering potential to expand parking. Washer & dryer on site with added income potential through coin-op conversion. Turnkey asset with immediate cash flow and strong upside. Pro forma cap rate approx. 17%. Excellent opportunity for investor seeking high return property. SOME PHOTOS ARE VIRTUALLY STAGED. LOW TAXES

Home Facts

Multi-Family

4 Baths

6 Bedrooms

Built in 1960

Price Summary

249,000

$99 per Sq. Ft.

MLS #:

335166

Last Updated:

March 31, 2026, 02:46 PM

Added:

8 day(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

4

Full Bathrooms:

4

Interior

Living Area:

2,500 Sq. Ft.

Structure

Structure

Architectural Style:

MultiFamily

Building Area:

2,500 Sq. Ft.

Year Built:

1960

Finances & Disclosures

Finances

Price:

$249,000

Price per Sq. Ft:

$99 per Sq. Ft.

Source:NY GBAR
The information being provided by Greater Binghamton Association Of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Greater Binghamton Association Of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.