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12 Ayres Street, Binghamton, NY 13905

Binghamton
Local realty services provided by:CENTURY 21 North East
12 Ayres Street,Binghamton, NY 13905
$299,000
Virtual Tour
  • 6 Beds
  • 2 Baths
  • 2,012 sq. ft.
  • Multi-family
  • Active
Listed by: scott warren, james lucenti
Office: innovative commercial advisors
MLS#:334869
Source:NY_GBAR

Price summary

  • Price:$299,000
  • Price per sq. ft.:$148.61

About this home

Stabilized 5-bed student rental located in Binghamton’s established West Side student housing area. The property is leased for the upcoming academic term at $600 per bed, providing strong in-place income and projected 9.52% cap rate. Interior features include updated kitchen finishes, multiple common living areas, and functional bedroom layouts suited for student occupancy. R-3 zoning supports higher density residential use consistent with surrounding properties. Convenient access to downtown amenities, public transportation, and major routes supports continued leasing demand. Opportunity to acquire a cash-flowing student housing asset in one of the market’s most consistently occupied rental locations.

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Home facts

  • Year built:1910
  • Listing ID #:334869
  • Added:1 day(s) ago
  • Updated:March 01, 2026 at 06:43 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Hardwood, Vinyl
  • Living area:2,012 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans
  • Heating:Forced Air

Structure and exterior

  • Year built:1910
  • Building area:2,012 sq. ft.
  • Lot Features:Level
  • Construction Materials:Aluminum Siding
  • Exterior Features:Storm Windows Doors
  • Foundation Description:Basement, Block

Schools

  • Elementary school:Horace Mann

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,000
  • Price per sq. ft.:$148.61
  • Tax amount:$2,578

Features and amenities

  • Appliances:Gas Water Heater

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