Multi-Family, Mobile Home $ 215,000

159 Murray ST

Binghamton, NY 13905

  • 6 Beds
  • 2 Baths
    Full Baths: 2
  • 2,506 SqFt
  • 4,316 Lot Size
  • 1900 Year Built
Turnkey 2-unit investment opportunity with strong income and clear upside potential. This property features two spacious 3-bedroom, 1-bath units with separate utilities, making it ideal for clean expense management and improved cash flow. Current rents total $2,550/month, with the downstairs unit at $1,200 and the upstairs unit at $1,350. Both tenants are on month-to-month leases, providing immediate flexibility for an investor to adjust rents and increase returns. Additional features include a full basement, off-street parking with a driveway and garage, and a convenient location near public transportation and local amenities. Whether you're looking to expand your portfolio or implement a value-add strategy, this property offers a solid foundation with built-in upside at an attractive price point. 48-hour notice required due to tenants.
Listed by Gilbo Realty LLC

VIRTUAL TOUR

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family, Mobile Home

    Sub Type Multi Family

    Listing Status Active Under Contract

    Purchase Type For Sale

    Square Footage 2, 506 sqft

    Price per Sqft $85

    Subdivision Newell Place

    MLS Listing ID S1665253

    Bedrooms 6

    Full Baths 2

    Construction Status Existing

    HOA Y/N No

    Year Built 1900

    Annual Tax Amount $4,174

    Lot Size 4,316 Sqft

    Acres 0.0991

    Lot Dimensions 52X83

    Property Sub-Type Multi Family

  • Location

    State NY

    County Broome

    Community Newell Place

    Area Binghamton-City-030200

  • Rooms

    Basement Full

  • Building

    Lot Description Near Public Transit, Rectangular, Rectangular Lot, Residential Lot

    Story 2

    Sewer Connected

    Water Connected, Public

    Level or Stories Two

    Structure Type Wood Siding

    Construction Status Existing

  • Interior

    Heating Gas, Baseboard

    Flooring Carpet, Hardwood, Laminate, Tile, Varies

    Fireplace No

    Appliance Gas Water Heater

  • Exterior

    Exterior Feature Fence

    Garage Spaces 1.0

    Fence Partial

    Utilities Available Electricity Connected, Sewer Connected, Water Connected

    Roof Type Asphalt,Shingle

    Garage Yes

  • Schools

    School District Binghamton

  • Others

    Senior Community No

    Tax ID 030200-160-023-0003-032-000-0000

    Acceptable Financing Cash, Conventional

    Listing Terms Cash, Conventional

    Special Listing Condition Standard

    Virtual Tour https://www.propertypanorama.com/instaview/syr/S1665253

CONTACT

Shawn Cregg
Shawn Cregg

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