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11 Walnut Street, Binghamton, NY 13905

Binghamton
Local realty services provided by:CENTURY 21 North East
11 Walnut Street,Binghamton, NY 13905
$280,000
  • 6 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: scott warren
Office: innovative commercial advisors
MLS#:334844
Source:NY_GBAR

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Price summary

  • Price:$280,000

About this home

Fully occupied student housing investment on Binghamton’s West Side within R-3 zoning, supporting higher density residential use. Property consists of two units, each configured as a 3-bedroom, 1 bath layout. Located south of Main Street in an established student corridor with access to Downtown amenities and university bus routes. Leases for next semester secured at $700 per bed, supporting an 11.03% cap rate based on current expenses. Proven rental demand and consistent occupancy. The West Side remains one of the most reliable off-campus housing locations serving Binghamton University, supporting strong leasing performance and long-term rental stability.

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Home facts

  • Year built:1921
  • Listing ID #:334844
  • Added:92 day(s) ago
  • Updated:May 30, 2026 at 06:40 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Hardwood, Tile

Heating and cooling

  • Heating:Baseboard

Structure and exterior

  • Year built:1921
  • Lot Features:Level
  • Construction Materials:Aluminum Siding
  • Foundation Description:Basement

Schools

  • Elementary school:Horace Mann

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$280,000
  • Tax amount:$3,582

Features and amenities

  • Appliances:Gas Water Heater

Parking

  • Parking description:Driveway

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