11 Walnut Street, Binghamton, NY 13905
Local realty services provided by:CENTURY 21 Jackson Real Estate
Listed by: scott warren
Office: innovative commercial advisors
MLS#:334844
Source:NY_GBAR
Price summary
- Price:$299,000
- Price per sq. ft.:$146.28
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:1 day(s) ago
- Updated:February 28, 2026 at 03:42 AM
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Full bathrooms:2
- Flooring:Carpet, Hardwood, Tile
- Living area:2,044 sq. ft.
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1921
- Building area:2,044 sq. ft.
- 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:$299,000
- Price per sq. ft.:$146.28
- Tax amount:$3,582
Features and amenities
- Appliances:Gas Water Heater
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