120 Murray Street, Binghamton, NY 13905
Local realty services provided by:CENTURY 21 Jackson Real Estate
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
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