159 Murray ST, Binghamton, NY 13905
159 Murray ST, Binghamton, NY 13905
159 Murray ST, Binghamton, NY 13905
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$215,000
Est. payment /mo
6 Beds
2 Baths
2,506 SqFt

UPDATED:

Key Details

Property Type Multi-Family, Mobile Home

Sub Type Multi Family

Listing Status Active

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

Property Description

Turnkey 2-unit investment opportunity with strong income potential and upside. This property features two spacious 3-bedroom units, each with 1 bathroom, large living areas, and eat-in kitchens, making them highly rentable layouts for today's tenant demand. Both units offer separate utilities, allowing for clean expense management and improved cash flow. Current rents total $2,350/month, with both units on month-to-month leases, offering immediate flexibility for an investor to increase rents. Based on market conditions and unit size, there is potential to push rents closer to $2,600–$2,700/month, creating a stronger return and long-term value. 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 live in one unit while the other helps pay your mortgage, this property offers a solid opportunity at an attractive price point. 48-hour notice required due to tenants.

Location

State NY

County Broome

Community Newell Place

Area Binghamton-City-030200

Rooms

Basement Full

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

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

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


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Listed by Gilbo Realty LLC

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Shawn Cregg

Shawn Cregg

+1(315) 391-3806

NY Agent | License ID: 10401284942

NY Agent License ID: 10401284942

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