Investment Property for Sale at 119 Murray Street in Binghamton, New York for $1,179,000

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119 Murray Street | BINGHAMTON

$1,179,000 | 23 Beds (12 Full) | 9,918 Sq. Ft.

This solid brick 12-unit building is located in the desirable R3 zoning district, making it perfectly suited for student housing. Situated in a neighborhood that has seen substantial student housing development in recent years, this property is ideally positioned to benefit from strong rental demand. The location offers a walkability score of 77 and provides convenient access to bus lines, the Court Street Bridge, and the vibrant amenities of Downtown Binghamton. The building has undergone significant renovations, including new kitchens, updated bathrooms, new windows, and more, ensuring modern appeal and functionality for tenants. This is a prime investment opportunity in a growing area. Rents quotes are for the 25/26 School year. 9 are signed and 3 are still being advertised. GBAR MLS #328427

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: 
Scott Warren
Listing Agent Phone: 
607-621-0439
Listing Agent Email: 
scottwarrencre [at] gmail [dot] com (send a message)
Listing Office Name: 
INNOVATIVE COMMERCIAL ADVISORS
Listing Office Phone: 
607-203-1826