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50 Exchange Street, Binghamton, NY 13901

Binghamton
Local realty services provided by:CENTURY 21 Jackson Real Estate
50 Exchange Street,Binghamton, NY 13901
$1,350,000
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  • 21 Beds
  • 12 Baths
  • 7,161 sq. ft.
  • Multi-family
  • Active
Listed by: charles ackerman
Office: ackermanre llc.
MLS#:338024
Source:NY_GBAR

Price summary

  • Price:$1,350,000
  • Price per sq. ft.:$188.52

About this home

50 Exchange Street, Binghamton, NY - Six-Unit Student Housing Investment Turnkey, fully occupied student housing investment in Downtown Binghamton featuring six furnished apartments, 21 bedrooms, and dedicated off-street parking. The property consists of three 3-bedroom, 2-bathroom apartments and three 4-bedroom, 2-bathroom apartments. Each unit includes separately metered utilities, an in-unit washer and dryer, and furnishings included in the sale. The offering also includes a dedicated parking lot located at 12 Lisle Street. With the property currently 100% occupied, the investment provides established rental income and additional upside through below-market rents. Recent improvements include a roof replacement completed in 2019, solar panels, and three new furnaces. An attractive turnkey student housing opportunity with strong occupancy, desirable amenities, dedicated parking, and meaningful potential for future income growth through rent increases.

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Home facts

  • Year built:1970
  • Listing ID #:338024
  • Added:37 day(s) ago
  • Updated:October 25, 2026 at 03:23 PM

Rooms and interior

  • Bedrooms:21
  • Total bathrooms:12
  • Full bathrooms:12
  • Flooring:Hardwood
  • Basement:Yes
  • Basement Description:Partial
  • Living area:7,161 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans
  • Heating:Forced Air

Structure and exterior

  • Year built:1970
  • Building area:7,161 sq. ft.
  • Architectural Style:MultiFamily
  • Construction Materials:Concrete
  • Foundation Description:Basement

Schools

  • Elementary school:MacArthur

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,350,000
  • Price per sq. ft.:$188.52
  • Tax amount:$18,800

Features and amenities

  • Appliances:Gas Water Heater

Parking

  • Parking description:Parking Spaces

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