120 Murray Street, Binghamton, NY 13905

Local realty services provided by:CENTURY 21 Jackson Real Estate
120 Murray Street,Binghamton, NY 13905
$315,000
  • 10 Beds
  • 4 Baths
  • 2,640 sq. ft.
  • Multi-family
  • Active
Listed by: scott warren
Office: innovative commercial advisors
MLS#:337541
Source:NY_GBAR

Price summary

  • Price:$315,000
  • Price per sq. ft.:$119.32

About this home

Investment opportunity at 120 Murray Street in Binghamton’s West Side. This two-unit property offers nine rentable bedrooms and four full bathrooms, with two bathrooms in each unit. The property is currently leased by the bed at $550 per month, generating scheduled gross rent of $4,950 per month, or $59,400 annually. With comparable rents in the surrounding market averaging more than $700 per bed, the property offers meaningful potential for future rental growth, subject to existing leases and market conditions. Located just off Main Street within walking distance of Downtown Binghamton, the property is situated in the R3 Residential Multi-Unit Dwelling District, which provides a favorable framework for multifamily, student-housing, and congregate-living uses, subject to applicable municipal approvals and occupancy requirements. An attractive opportunity for an investor seeking established income with additional upside​​‌​​​​‌​​‌‌‌​​‌​‌​​​‌‌​ potential.

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Home facts

  • Year built:1890
  • Subdivision & Development:Murray Place
  • Listing ID #:337541
  • Added:3 day(s) ago
  • Updated:August 21, 2026 at 02:57 PM

Rooms and interior

  • Bedrooms:10
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Hardwood, Tile
  • Living area:2,640 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1890
  • Building area:2,640 sq. ft.
  • Lot Features:Level
  • Architectural Style:Duplex
  • Construction Materials:Aluminum Siding
  • Foundation Description:Basement

Schools

  • Elementary school:Horace Mann

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$315,000
  • Price per sq. ft.:$119.32
  • Tax amount:$4,558

Features and amenities

  • Appliances:Gas Water Heater