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58 Leroy Street, Binghamton, NY 13905

Binghamton
Local realty services provided by:CENTURY 21 North East
58 Leroy Street,Binghamton, NY 13905
$212,500
Virtual Tour
  • 4 Beds
  • 2 Baths
  • 3,953 sq. ft.
  • Multi-family
  • Active
Listed by: scott warren
Office: innovative commercial advisors
MLS#:337452
Source:NY_GBAR

Price summary

  • Price:$212,500
  • Price per sq. ft.:$53.76

About this home

58 Leroy Street presents a compelling value-add opportunity in the heart of Binghamton’s established West Side student-housing market. The duplex is offered in as-is condition at $212,500, or approximately $42,500 per bed, compared with an estimated market average of approximately $60,000 per bed for stabilized student-housing properties. Following renovation, the property is projected to generate annual rental income of $43,500 and pro forma net operating income of $28,180. At the asking price, this equates to an approximate 13% pro forma capitalization rate, providing an attractive acquisition basis with meaningful potential for income growth and value creation.

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Home facts

  • Year built:1910
  • Listing ID #:337452
  • Added:1 day(s) ago
  • Updated:August 11, 2026 at 08:38 PM

Rooms and interior

  • Bedrooms:4
  • Total bathrooms:2
  • Full bathrooms:2
  • Flooring:Carpet, Vinyl
  • Living area:3,953 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1910
  • Building area:3,953 sq. ft.
  • Lot Features:Garden, Level
  • Construction Materials:Vinyl Siding
  • Exterior Features:Covered, Porch
  • Foundation Description:Concrete Perimeter

Schools

  • Elementary school:Thomas Jefferson

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$212,500
  • Price per sq. ft.:$53.76
  • Tax amount:$3,021

Features and amenities

  • Appliances:Electric Water Heater, Gas Water Heater

Parking

  • Parking description:On Street

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