Investment Property for Sale at 121 Murray Street in Binghamton, New York for $269,000

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121 Murray Street | BINGHAMTON

$269,000 | 6 Beds (2 Full, 4 Half) | 3,021 Sq. Ft.

Historic Investment Property with Strong Rental Income! This unique home has been thoughtfully converted into 6 individual single-bedroom units, offering an excellent opportunity for investors seeking a well-established income-producing property. Three bedrooms feature their own private half baths, complemented by two full bathrooms and an additional half bath. The property also includes two kitchens, providing added convenience for the occupants. Currently leased for the year and occupied by a fraternity under a long-term tenancy, this property offers immediate rental income and established occupancy. Located within the designated Student Rental Zone, this turnkey investment combines character, functionality, and strong income potential with minimal lease-up concerns. Electricity expense includes both gas and electric. Potential for 2 additional bedrooms GBAR MLS #337696

Directions to property: Main to Murray

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: 
Shannon Hays-Gruss
Listing Agent Phone: 
607-343-9129
Listing Agent Email: 
shannon [at] exithb [dot] com (send a message)
Listing Office Name: 
EXIT REALTY HOMEWARD BOUND
Listing Office Phone: 
607-729-5500