Investment Property for Sale at 47 Carroll St in Binghamton, New York for $1,000,000

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47 Carroll St | BINGHAMTON

$1,000,000 | 18 Beds (6 Full, 2 Half) | 8,420 Sq. Ft.

RARE student housing investment opportunity directly across from City Park in Downtown Binghamton. This 8,400 sq. ft. four-story brick building features six apartments totaling 18 bedrooms and 6 full bathrooms, plus a 2,100 sq. ft. commercial space with a kitchen and two half bathrooms. Previously operated as student housing, with historical rents of approx $750 per bedroom. The 18-bedroom layout offers substantial income potential, while the commercial space provides additional revenue opportunities. Each apartment offers central air, in-unit washer and dryer, stainless steel appliances, gas range, hardwood floors, separate entrances, and covered porches. Additional features include keyless biometric entry, surveillance cameras, a central station alarm system, and separate utility meters. Conveniently located near local universities, public transportation, and Downtown Binghamton amenities, this property offers strong student housing potential with added commercial upside. GBAR MLS #336181

Directions to property: From Court St. turn onto Carroll St.

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: 
Amity L. Deubler
Listing Agent Phone: 
607-761-2765
Listing Agent Email: 
amity [dot] deubler [at] exprealty [dot] com (send a message)
Listing Office Name: 
eXp REALTY
Listing Office Phone: 
888-276-0630