Investment Property for Sale at 120 Murray Street in Binghamton, New York for $349,000

120 Murray Street | BINGHAMTON

$349,000 | 9 Beds (4 Full) | 2,640 Sq. Ft.

Student Housing in Binghamton's R3 Zone with a 8.5% cap rate. First floor unit (4 bed/2bath) is currently rented at $2460/mo, lease in place for 26-27 school year at $2200/mo. Second floor unit (5 bed/2 bath) is rented at $2750/mo for the 26-27 school year. New roof (November 2024), new front porch, new rear deck, completely renovated kitchens. All utilities included in leases. GBAR MLS #334612

Directions to property: From Downtown Binghamton, Head West on Court Street, Take Bridge onto Main Street, Head West on Main Street, Turn Right on Murray Street, Property is on the Right.

Contact Information

To inquire about this property, please contact your REALTOR® directly if you are already working with one, or use the contact information provided below to contact the listing agent or brokerage directly. GBAR staff is unable to provide real estate listing information. Please contact one of our REALTOR® members if you need more information about this or any other listing.
Listing Agent Name: 
Liam P Mallon
Listing Agent Phone: 
607-624-0168
Listing Agent Email: 
liam [dot] mallon [at] warrenhomes [dot] com (send a message)
Listing Office Name: 
WARREN REAL ESTATE (FRONT STREET)
Listing Office Phone: 
607-235-3333