$929,000

Estimated payment $6,195/month

22 Beds
-- Bath
8,460 Sq Ft
$110 Price per Sq Ft

Highlights

  • Wood Flooring
  • Level Lot
  • Radiator
  • Heating System Uses Steam

About This Home

Turnkey student housing property offering 8,460 SF across 7 units with a total of 22 beds. Twenty beds are leased with additional pre-leasing in place for next semester, reflecting consistent demand in this location. Positioned in R3 zoning just off Main Street and within walking distance to the Court Street Bridge, the property benefits from strong student traffic and proximity to Downtown amenities. Recent improvements including a new roof and boiler reduce near term capital needs and support stable, low maintenance operations. A solid, income producing asset in one of Binghamton’s most reliable student housing areas.

Listing Agent

Scott Warren

INNOVATIVE COMMERCIAL ADVISORS License #10491212432 Listed on: 12/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,690

Year Built

  • Built in 1970

Lot Details

  • Lot Dimensions are 55x142
  • Level Lot

Home Design

  • 8,460 Sq Ft Home
  • Vinyl Siding
  • Stucco

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 22 Bedrooms

Schools

  • Horace Mann Elementary School

Utilities

  • No Cooling
  • Radiator
  • Heating System Uses Steam
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Assessor Parcel Number 030200-160-039-0002-028-000-0000

Community Details

Overview

  • 6 Units

Building Details

  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • Insurance Expense $6,431
  • Water Sewer Expense $4,562

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,690

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: Residential Income
  • Lot Size: 55x142
  • Ownership: OWNER
  • Directions: South of Main Street, before Seminary Ave
  • Above Grade Finished Sq Ft: 8460.0
  • Architectural Style: Multi-Family
  • Garage Yn: No
  • Year Built: 1970
  • Property Sub Type Additional: Apartment
  • Special Features: VirtualTour

Interior Features

  • Appliances: Gas Water Heater
  • Total Bedrooms: 22
  • Flooring: Carpet, Hardwood, Vinyl
  • Living Area: 8460.0

Exterior Features

  • Lot Features: Level
  • Construction Type: Stucco, Vinyl Siding
  • Foundation Details: Basement

Garage/Parking

  • Parking Features: Parking Space(s)

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: Radiator(s), Steam
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Fee Information

  • Annual Water Sewer Expense: 4562.0

Schools

  • Elementary School: Horace Mann
  • Junior High Dist: Binghamton

Lot Info

  • Parcel #: 030200-160-039-0002-028-000-0000
  • Zoning Description: Residential Multi Unit
  • Zoning: Residential Multi Unit

Multi Family

  • Number Of Units Total: 6
  • Electric Expense: 9520.0
  • Insurance Expense: 6431.0
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7

Tax Info

  • Tax Annual Amount: 15690.0
  • Tax Book Number: 160.39-2-28

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 For Sale $929,000 -- $110 / Sq Ft
Source: Greater Binghamton Association of REALTORS®

Source: Greater Binghamton Association of REALTORS®

MLS Number: 334002